Home with zero bedrooms listed as ‘worst house on the best block’ in San Francisco sells for $1.97m

MSN ^ | 1/13/22 | Chelsea Ritchsel

[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.

[alexander_busek]

Does it come with or without turds on the front porch?

It comes without the turds... But no worry: Within days, a brand-new batch should be ornamenting your stoop!

Regards,

[alexander_busek]

I remember “no bedrooms” being the punch line to a JAP (Jewish American Princess) joke.

Well, don't keep us on tenterhooks! Let's hear it!

Regards,

[Tolerance Sucks Rocks]

It’s the ol’ “Sleepin’ on the Living Room Couch” house!

[PLMerite]

What’s a JAP’s (Jewish American Princess) idea of the perfect house?

Seven rooms in Scarsdale, no kitchen, no bedrooms.

[Gay State Conservative]

I live in a suburb that’s upper middle class with at least one section that’s very much upper class. Houses much nicer than that are being bought up here,knocked down and replaced by $2-$3 million McMansions.

[stevio]

There’s probably some bad karma with that place.

[outofsalt]

The pitch on that roof! I’d hate to re-shingle that!

[cymbeline]

“But is it possible for a contractor to pay $2mn for the dump, put, say, $400k into renovating and sell it for $3.2 mn”

I suppose you could say the lot’s for sale for $2m.

[The_Media_never_lie]

I’m in S.F., and I doubt I know anyone who would say that the 300 block of Day Street is the “best block” in town. Not even close. But is it possible for a contractor to pay $2mn for the dump, put, say, $400k into renovating and sell it for $3.2 mn. Yes, I suppose it is.

---

Yes, it is possible but not assured. If Jerome Powell has his SHTF moment before the renovations are completed and the property sold, it could result in a huge loss.

[Irenic]

I see potential.

[FamiliarFace]

With.

[AndyJackson]

Day Street is the “best block” in town

The best blocks in SF are easy to find. Look at where the Feinsteins and Pelosis live. It ain't there.

[Rurudyne]

It’s a walk up.

[Rurudyne]

Actually, buying properties is among the few ways that ordinary mainland Chinese can invest their money. It has driven their construction bubble and led to the building of now empty cities not fit for habitation … all operating on the view that an “asset” that cannot be lived in or rented (has no income”) is an investment.

About it: https://www.youtube.com/watch?v=ffO3VxzQReM

[Rurudyne]

In East Cleveland they’ll trade you for a nice VCR.

[Republican in occupied CA]

It’s funny.
No matter how much San Francisco declines, and regardless of the histrionic hatred of it here and on other conservative sites (much of it deserved), it by definition is becoming more desirable of a place to live, at least if one ascribes any merit to Capitalism.
Bizarre. And I’m a second generation native probably more aghast at the decline than people who’ve never lived there.

[cableguymn]

Hey if you need one those are getting kind of hard to come by

[alexander_busek]

Seven rooms in Scarsdale, no kitchen, no bedrooms.

Implying that a JAP girlfriend will not cook or "put out?"

Regards,

[irishjuggler]

Yep, the “gold coast” of Pacific Heights...

[PLMerite]

Something like that I guess.