San Francisco’s cheapest real estate listing is a $100K parking spot

NY Post ^ | 02-05-2020 | Christopher Cameron

[SaveFerris]

If only it was New York, it could be given to The White Whale



He can't sleep!

[Mark]

Ande when a homeless illegal alien pitches a tent in this parking space, well just give him some toilet paper and feel good about yourself.

[BrexitBen]

Honestly, why does anyone still live in San Francisco ?

Life is too short to exist in an outrageously expensive, spiritual and physical cesspool.

Especially when there are so many magnificent alternatives.

[Deaf Smith]

Like the joke of the lady who took out a $100k loan and used her Rolls Royce as collateral.

After a month, she repaid the loan and got her Rolls back.

*Where else could you park and secure your car for a month for a hundred bucks?

[Larry Lucido]

Having a $100,000 parking space isn’t all that glamorous. You can only use it when you’re home. And while you’re away, you’d need a guard dog to protect it. Plus the taxes on it would likely be $10K per year.

[Track9]

“Affordable housing” is always relative. 800k median IS affordable for people in that marketplace. Otherwise it wouldn’t be the median. Does that take a genius to figure out?

[Secret Agent Man]

Yes but 100 grand in the bank can’t be used by someone as a personal toilet, either.

[Larry Lucido]

Plus, folks are going to double park on you.

Or otherwise interfere with your quiet enjoyment.

[LittleBillyInfidel]

Includes free pooh.

[meyer]

How can property be worth that much, in a city where people crap all over the streets?

[Deaf Smith]

That is not the scene I remember in the movie A Bronks Tale.

[adorno]

San Francisco’s cheapest real estate listing is a $100K parking spot

With cleanup of the human poop and urine, the parking spot would go for $200K.

[Deaf Smith]

*Bronx Tale.

[GOPJ]

Can we assume ‘rent control’ ...

[roadcat]

How can property be worth that much, in a city where people crap all over the streets?

Because the news accounts are greatly exaggerated, like everything else reported. It's a few neighborhoods with the crap problems, where the homeless congregate. There are many safe well-to-do neighborhoods that are safe to travel.

A couple years ago, we sold my mother-in-law's house in SF. It was run-down, so we put a lot of effort into remodeling and fixing it up. We listed for $1.2M, and hoped to get that. It sold two weeks later for just under $1.5M with multiple bidders. Buyer said they got outbid for several other properties and finally got this home. We've noticed they've been remodeling it, and they have sunk perhaps another $500G into the house. This is going on all over the city. Lots of techies where money is no problem.

[oldasrocks]

It has $65,000 of fertilizer on it. Quite a bargain. Self filling.

[rdcbn]

The one piece of San Francisco real estate that may be worth what you pay for it

[SaveFerris]

I wish George could teach me how to park. The angles, the geometry.

But he can’t.

That other guy is such a phoney-baloney. Not much of a bookie, either.

Someone should break his thumbs.

[NRx]

LOL