Posted on 01/14/2022 6:00:19 AM PST by millenial4freedom
San Francisco home that has zero bedrooms and has been described as “the worst house on the best block” has sold for nearly $2m.
(Excerpt) Read more at msn.com ...
No bedrooms, but a great quantity of very large closets?
How many baths with tubs?
San Francisco, a city (once) that actually boasted a
sNOB HILL. Those were the days, my friend.
Its probably got something to do with local building restrictions - “remodel” vs “rebuild” - and property taxes.
Sheeesh. Do you living there?
exactly
Some Chinese expat will snap it up.
I’ve heard first and second hand accounts of such places from time to time. In the cases I’ve heard about, meth and/or mental illness is usually involved.
They paid for the lot, not the house.
“Sheeesh. Are you living there?”
No. I bought it as a rental. I’ve been charging $975/ month. It’s five acres completely isolated from neighbors and deep in the forest. It could easily go for $1200 today but I haven’t raised the rent on anyone who is paying and taking good care. Oh, and there was no shopping nearby when I rented it, but there are several nice supermarkets relatively close today.
Sometimes you have to clean off a lot of *ahem* to find the gem underneath.
I don’t know. The Chinese ex-pats seem to prefer west of Twin Peaks. That Noe Valley area is flooded with white liberals with tech money.
With this present administration we are going to be the New Cuba as far as cars are concerned.
Well they got the house. At 122 years old there’s no way the city will allow them to tear it down.
It could accidentally burn.
I was not aware that the Chinese had so much freedom that they could buy a bugout house in a rotten capitalist country!
6br 7100 sq ft lakefront mansion 45 minutes from Atlanta, $1.7M : https://www.zillow.com/homedetails/3657-Lake-Ridge-Dr-Gainesville-GA-30506/83372073_zpid
I remember “no bedrooms” being the punch line to a JAP (Jewish American Princess) joke.
Yeah it could burn, but if it did so would the rest of Noe Valley, Twin Peaks & The Castro. Wood structures are a bit densely packed in there.
“In the cases I’ve heard about, meth and/or mental illness is usually involved.”
That has been the issue at a couple of the houses I bought. But if so, it wasn’t obvious here. I think the man lost his job, probably in the gutter business. (Gutters on houses.) Lots of leftover gutter odds and ends. There had been a long economic decline at the time and the housing industry was hit hard. There was evidence of pot use, but that was almost certainly the local teenagers. They were almost certainly the condom users as well. There was one very nice, dry room with a shag carpet...so, probably they got a few carpet burns. After I got it rented a couple of teenage boys showed up and were letting themselves in when they realized someone was there. There were a couple of mumbled, “Sorry dude’s” issued, and they sprinted away. Later that weekend someone was going to town in the back of a car that had pulled in when the renter went out and knocked on the glass, informing them “the park is closed.” They scrambled to leave.
I also wonder if there are some air rights above it that could pay off in the future. Not short term for sure, but think about a five or six story condo building covering the entire block.
We sold our Scotts Valley home to some Chinese expats and joined the California Diaspora.
Boy, were those buyers ever obnoxious.
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