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$400K settlement bonanza for Bernal tenant 'evicted by rent increase'

Tue, 17 Jan 2017 23:57:15 UT

A San Francisco woman who was forced out of her Bernal Heights apartment when her landlord increased her rent from $2,145 to $8,900 a month won a huge court settlement Tuesday, KQED reported.




Stylish roof terrace crowns remodeled three-bedroom

Tue, 17 Jan 2017 22:02:05 UT

Twice a week, The Chronicle features a local home on the market that caught our eye for its architecture, history or character. Updated in 2014, this fully detached three-bedroom home in Noe Valley blends period flair and contemporary convenience. A carpeted family room dominates the lower level and includes a private entrance. Dual bays of curved walls and picture windows highlight a living room anchored by a wood-burning fireplace with a marble surround. The dining room has tall windows and patio access, while a farmhouse sink and refaced cabinetry finish the chef’s kitchen. Encompassing the upper level, the master suite features built-in wardrobes and a sunken sitting area with a marble fireplace. The garden off the dining area features fresh landscaping and street access, while the roof terrace offers sweeping views of Twin Peaks.




PacHeights mansion owned by Egyptian government on market for $22 million

Tue, 17 Jan 2017 18:18:31 UT

The grand and gargantuan red-brick mansion that formerly housed a consulate for the Egyptian government is San Francisco's second-most expensive residential listing.




New Year Brings New Laws You Should Know About (Sponsored)

Mon, 16 Jan 2017 19:24:37 UT

Each year, new state and federal regulations are enacted for the real estate industry that may impact you ... whether you know about them or not. Here are several laws that went into effect January 1




Yabba Dabba Do-Over: Flintstone House Rolls Back Onto the Market for $3.2M

Sat, 14 Jan 2017 12:03:33 UT

The unique Hillsborough, CA, domed home known as the "Flintstone House" is back on the market for the reduced price of $3.2 million. The hillside residence, with its purple and orange exterior visible from Interstate 280, is a local landmark. So much so that the listing agent will be giving only private showings.




Sound Off: Concerns about a commercial real estate crisis?

Fri, 13 Jan 2017 23:59:02 UT

Will the capitalization rate and/or gross rent multiplier (formulas that help determine value) give the buyer the intended results? Performing an income and expense analysis helps the investor understand the costs, cash flow, return on investment, debt service costs and potential increase in future revenue generation. Commercial loan originators largely expect strong borrowing demand for mortgages this year, although experts are a bit less enthusiastic than they were last year according to a survey conducted by the Mortgage Brokers Association. Investors are always looking for solid returns, including many foreign-based buyers who want to invest in the relative stability of the U.S .economy and obtain higher returns than from U.S. Treasury notes. Due to the resurgence of the stock market, more investors have additional funds they can invest in real estate. According to various sources, San Francisco's commercial real estate market may be seeing a slow down in the city's technology driven economy. A five-year frenzy for San Francisco office space may be cooling as venture capital investments decline and tech firms slow their hiring from record paces. Barring any sort of catastrophic event, it appears that the San Francisco commercial market will remain robust and become even more relevant on the international circuit. The Bay Area still has the technology industry driving Bay Area real estate in all markets--the commercial leasing and subleasing of space, residential rentals, record breaking commercial sales and astronomical residential sales.



Price Point: $1.55 million in Cow Hollow

Fri, 13 Jan 2017 23:58:44 UT

Occupying the upper level of a detached building erected in 1928, this view condo enjoys period details like a wood-burning fireplace and formal dining area. Viking, GE and Bosch appliances outfit a contemporary kitchen finished with display cabinetry and slate counters. An office nook and ample closet space lend utility and versatility to a listing also hosting in-unit laundry and a parking space. A deeded patio and interior porch provide outdoor spaces to a residence offering views of the Berkeley Hills, Pacific Heights and Fort Mason.



Westwood Park, S.F./$1.699 million

Fri, 13 Jan 2017 23:58:39 UT

A bay of tall windows and a wood-burning brick fireplace positioned between built-in bookcases form a living room that’s inviting at any hour. The open kitchen and dining area features a built-in china cabinet, a French-door refrigerator and a center island. The lower level hosts both an office and laundry room.



Just Approved: Client secures jumbo purchase loan despite 679 credit score

Fri, 13 Jan 2017 23:58:25 UT

Client secures jumbo purchase loan despite 679 credit score With Bay Area home prices well above conventional loan limits, the average resident is left with only one option when it comes to purchasing a home. The most common requirement that a lot of potential borrowers have difficulty meeting is the 700 minimum credit score — or with some lenders, it is 720. In this scenario, the borrowers were a referral from a preferred real estate agent and came to Alex Greer well qualified for a jumbo purchase. When the time came, their credit score came in a good amount below that 700 minimum score requirement a vast majority of lenders have. Fortunately, the Mortgage Outlet has a specific jumbo loan tailored to Bay Area home buyers with sub-700 credit scores. With a solution in hand, the borrowers forged ahead and found a home in Sunnyvale.



Hot Property: ‘Simply perfect’ contemporary awaits in Oakland’s Piedmont Pines

Fri, 13 Jan 2017 23:57:54 UT

High-end appliances grace the eat-in kitchen that’s finished with contemporary countertops and horizontal-grain cabinetry. Picture windows on three sides offer striking hillside and canyon vistas, while a view deck awaits on the opposite side of a sliding glass door. The main level also boasts a formal living room crowned by a soaring vaulted ceiling and a welcoming dining room. A cut-out in the kitchen wall looks into the living room, where a gas fireplace warms a space offering bay and hillside outlooks. Indoor/outdoor living remains a hallmark of Bay Area home design, and 46 Carisbrook Lane is no exception with a view deck and landscaped patio. The master suite’s amenities include a walk-in closet with two oversized reach-ins, while the spa bathroom frames canyon views for its soaking tub. The top floor serves as the entry level and includes a two-car garage, as well as a powder room and home office. A landscaped patio sits off the front of the home, while the chef’s kitchen steps out to a view deck through a sliding glass door.




1940s townhome open Sunday in Berkeley

Fri, 13 Jan 2017 23:57:42 UT

Original flooring and built-ins fashion this townhome located within the triangle of College, Claremont and Ashby avenues. The garden level unit opens to a patio bordered by shade trees, while a combination living/dining room opens to an eat-in kitchen and includes a brick fireplace. Listing agent: Anna Bellomo, Thornwall Properties, (510) 417-9390, abellomo@gmail.com. 2817 Woolsey, Unit A, $690,000. Beds: 2 Bath: 1 Square footage: 936 Open home: 2 to 4 p.m. Sunday.



Stylish townhome open Sunday in Russian Hill

Fri, 13 Jan 2017 23:57:27 UT

Crisp, modernist design defines this wholly updated trilevel townhome. A private view deck frames Alcatraz, the Financial District and Coit Tower. Lombard Street’s squiggly road winds north of this stylishly appointed spot with a sleek European and indulgent master suite. Listing agent: Ekaterina Stanton, Coldwell Banker Residential Brokerage, (415) 447-8800, kate.stanton@ cbnorcal.com. 10 Southard Place, Unit 1, $3.495 million. Beds: 3 Baths: 2½ Square footage: 2,161 Open home: 2 to 4:30 p.m. Sunday.



Unit in South Beach’s Oriental Warehouse open Sunday

Fri, 13 Jan 2017 23:57:15 UT

Twenty-foot ceilings, exposed brick and timber accent this loft conversion a block from the Embarcadero waterfront. Located inside the storied Oriental Warehouse building, the unit boasts a generous interior anchored by a contemporary kitchen. The bedroom is on a mezzanine loft overlooking the great room. Listing agent: Eric Turner, Sotheby’s International Realty, (415) 425-1516, eric. turner@sothebyshomes.com. 650 Delancey St., Unit 304, $1.695 million. Bed: 1 Baths: 2 Square footage: 1,397 Open home: 2 to 4 p.m. Sunday.



Palatial dimensions, refined detail await at Alamo estate

Fri, 13 Jan 2017 23:57:06 UT

Palatial dimensions, refined detail await at Alamo estate Consider the dining room graced by double-height windows, a step ceiling and a myriad of moldings as rope lighting illuminates every finish. The home opens to a stately foyer anchored by a staircase that winds beneath a 20-foot ceiling. Granite counters complement the pantry’s water-cut marble backsplash, while the kitchen affords ample room for multiple chefs to work simultaneously as the home’s surround sound system provides the ambience. All three bedrooms in the main home occupy the upper level and include en-suite bathrooms. Offering dual walk-in closets and a flexible bonus space that could serve as a nursery, office or fitness area, the master suite includes a spa bathroom anchored by an octagonal walk-in shower with multiple body sprayers. Statues, fountains and homages to Old World ruins pepper the grounds as strawberries and potted citrus trees provide edible ornamentation. More than 9,700 square feet of living space await at this palatial estate teeming with refined details like intricate millwork and water-cut marble.



Getaway: ‘Rural but not remote’ Refined design amid resort grounds in Wine Country

Fri, 13 Jan 2017 19:26:44 UT

The world-famous climate draws vintners from across the globe as designers and architects maneuver to put their own stamp on the landscape. A mile from downtown Healdsburg stands 1005 Westside Road, an L-shaped retreat anchoring a bucolic landscape of grapevines, gardens and tree-studded hills. “The home emanates what modern California country living is meant to be: inventive, inspiring and elegantly informal,” said Sheri Morgensen of Sotheby’s International Realty, who is co-listing the home with Vanguard Properties Sonoma agent Dee Grohmann for $9.5 million. The estate’s pristine grounds include a hobby vineyard, private spaces for reflection and creativity, and prominent outdoor entertainment areas. Extensive patios and an outdoor kitchen establish the property as an ideal locale for family gatherings, informal wine tasting events, fundraisers and everyday relaxation. Lutron lighting, five fireplaces, wide-plank oak floors and ceiling speakers highlight the home’s refined material palette. Two of the main home’s three bedrooms enjoy private spa bathrooms with Brizo air jetted tubs, while the guest studio provides lavish inclusions of its own. Sleek stone finishes complement the bathrooms’ spa tubs and contemporary hardware. Nearby, a frameless walk-in shower offers ample room for two and includes multiple body sprayers and a rain head. Westside Road serves as one of Healdsburg’s major traffic arteries, allowing residents easy access to downtown, the highway and the town’s myriad of boutiques, tasting rooms, restaurants and parks. Completely renovated in 2013, this three-bedroom retreat includes more than 5 acres in Wine Country and includes a hobby vineyard, a fully stocked outdoor kitchen, a bocce court, a spa and a solar heated pool. The main home boasts five fireplaces, Lutron lighting, built-in audio and an eight-seat home theater.