Auction of City-owned parcels – December 12th
It’s a big news day on SFGov… Not only are they feeling generous with their time by educating us on the permit process, but now they are letting us buy some of those unused parcels of land and vacant buildings that are gathering dust around town.
From SFGov…
The City and County of San Francisco, will conduct a public auction on December 12, 2006, at 9:30 a.m. in Room 408, City Hall (1 Dr. Carlton B. Goodlett Place), San Francisco, California for the purpose of selling four properties listed below:1648 Pacific Ave., San Francisco (former San Francisco Fire Department Station 4)
A two story unreinforced brick building containing approx. 6,790 square feet plus a basement containing approx. 960 square feet. Zoned: NCD Polk Neighborhood Commercial District
Minimum bid: $900,000; APN: 574/11
Inspection dates: 1-4 p.m. Wednesday, October 25 and November 15, 20062350 19th Ave., San Francisco (former vehicle storage and maintenance yard)
A 12,500 sq. ft. lot improved with a one-story office building, containing
approx. 557 sq. ft., and a concrete carport containing six double bays. Zoned: RH-2
Minimum bid: $1,800,000; APN: 2347/4G
Inspection date: 9:30-11:30 a.m. Thursday, October 26, 2006425 Mason St., San Francisco (former SF Water Dept. administrative offices)
A seven story office building with a rooftop penthouse and full basement, containing
Approx. 34,500 sq. ft. Zoned: C-3-G
Minimum bid: $4,850,000; APN: 306/2
Inspection dates: 1-4 p.m. Thursday, October 26 and November 16, 2006849 Cesar Chavez St., San Francisco (former railroad right-of-way)
An 8,862 vacant lot. Zoned: M-2
Minimum bid: $157,500; APN: 4357/5
For more information contact: Jerry Romani, Real Estate Division, 25 Van Ness Ave., San Francisco, CA 94102; telephone: (415) 554-9876; and fax: (415) 552-9216. For your convenience, you may download and print bid packages for each of the four properties stated above from the following website: www.sfgov.org/realestate.
Nothing here for the average homebuyer, but interesting to see what the city is unloading…
I mean, who wouldn’t want to live in a converted fire house on Pacific (@ Polk)? It is an unreinforced masonry building, but it has had some asbestos abatement done, which ran the city nearly $45,000…
Beyond that, you’d likely need to get a zoning variance to be able to live there, and you’ll need to deal with both the seismic work and the fact that it’s designated as a landmark (I got all of this from their preliminary title report), none of which is going to be cheap. But if you have some extra cash, want to live in a vibrant location, and have the patience to deal with these issues, then this might be the place for you… And since you normally can’t change the look of the facade on a historically registered property, you’ll have some nice, tall roll-up garage doors to drive your Escalade with the 24″ lift-kit into.
Great information. Do you know where one can get information about probate houses going through the court auction process?
Anonymous at October 20th, 2006 at 6:42 am ( )That’s a great question. And it is possible for the public to get this information… For probate sales, it is a requirement that any public/court confirmed sales be advertised for roughly three to four weeks in a local paper (usually in the classifieds).
But for the full list on a weekly basis, you can purchase the services of the Blue Sheet, which publishes all probate sales, as well as foreclosure sales, and anything else that might be up for public auction.
The newsletter is $90 for three months (12 issues) or $295 for a full year.
Most real estate offices get these for their agents, so we have access to them, and so should your Realtor. So that might be an even easier way to access the info…
Matt Lanning at October 20th, 2006 at 8:11 pm ( )Very nice post. I just stopped by by your website and wanted to say that I have truly enjoyed checking your posts. Any way, I’ll be subscribing to your feed and also I’m hoping you post again soon!
amador real estate at April 8th, 2010 at 9:36 pm ( )