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Thursday, May 14, 2015

Curbed SF- Upwards, ever upwards in terms of the Real Estate Market...Median Home Price Hits $1.225 Mill

RECORD BREAKERS

Flashy Bernal Showstopper Sells for $3.15M, Sets New Neighborhood Record

THE NUMBERS

SF's Median Home Price Hits $1.225M, Another New Record

FAIL

Lego-Style Street View Map Is Flummoxed By Lombard Street

CURBED NATIONAL

Tour an Eichler Collaborator's Midcentury Stunner in Stanford

All photos by David Wakely/Ira Kahn via Matt Kahn Living Trust
Located just on the edge of the Stanford University campus, the Matt and Lyda Kahn house is a midcentury stunner with an incredible design pedigree. The 1959 residence was a collaboration between famed modernist A. Quincy JonesJoseph Eichler, and Matt Kahn himself—who, along with wife Lyda, served as the principle design consultants for Eichler for a decade, designing much of the interiors and branding graphics for the famous tract homes. Kahn, who was also a longtime Stanford art professor and onetime student of Finnish architect Eliel Saarinen, passed away two years ago at age 85. His house, impeccably maintained and gloriously maximalist, is now for salealbeit only to Stanford faculty.
CURBED NATIONAL

Tesla's Game-Changing Home Battery Is Sold Out Till 2016

Photo via The Verge
Two weeks ago, electric car company Tesla announced it will debut a new line of storage batteries for homes and businesses, sparking widespread enthusiasm for an energy revolution. Consumers, it seems, are on board. In an earnings call last week, Tesla CEO Elon Muskrevealed that more than 38,000 of the home-focused Powerwall units had been reserved in the first week after the announcement—that means they're sold out until mid-2016. As a refresher, the Powerwall is a six-inch-thick shieldlike pack that measures three feet by four feet in size and stores electricity generated from solar or other renewable sources for use at night or as a backup supply.
RECORD BREAKERS

Flashy Bernal Showstopper Sells for $3.15M, Sets New Neighborhood Record

432794_0.jpgThe big, modern house at 3407 Folsom Street in Bernal Heights has been an attention-grabber ever since it was first built back in 2011. It was designed by architect Gary Gee and sits just below the north entrance to the park on Bernal Hill with views that basically look right onto the hill itself. It was featured on the 2012 AIA home tour shortly after it finished construction. The home's original owners bought the house for $1.65 million, and now they have just sold it off-market for $3.15 million, making it a new record for the neighborhood. The previous record-setter was a $3 million house that sold just a few months ago
There's a big pool out back >>
ELLIS AXE

Supervisor Jane Kim Proposes Law to Curb Some Evictions

8453538713_39be82cb7e_z.jpgPhoto via Erik Wilson
At yesterday's Board of Supervisors meeting, Supervisor Jane Kim unveiled new legislation designed to reduce incentives for landlords to evict rent-controlled tenants. To discourage property owners from evicting in order to raise rents to current market rates, the law would give new tenants who move into rent-controlled units that have just gone through an eviction the right to pay pre-eviction rents. (Sidebar: Landlords of rent-controlled buildings who evict and seek market-rate rents are still bound by rent control, but changes in tenancy allow them to set a new rent-controlled rent at a higher level than what existing tenants pay.) The legislation is still being written, as the San Francisco Business Times reports, and would need a six-vote majority to go though. The law also seeks to undercut evictions for minor infractions like laundry hanging out the window. A vote could come in July. 
· Supervisor Jane Kim Seeks to Limit Evictions [SF Business Times]
· Eviction Watch [Curbed SF]
THE NUMBERS

SF's Median Home Price Hits $1.225M, Another New Record

Median-Prices_Short-Term.jpgSan Francisco's median home sale prices have, as expected, continued to soar upwards this spring, hitting a new record high of $1.225 million in April, according to the latest market report from Paragon Real Estate. That's well above March's mark of $1.15 million, which was a new record itself. This time last year, the median price hadn't quite yet cracked $1 million. The undisputed most expensive areas in the city this year so far have been Pacific and Presidio Heights, where sale prices of single-family homes hit a mind-blowing median of $5.995 million. Sea Cliff is second, with a median house price of $3 million, while the Excelsior and the Bayview are the most affordable, at $782,500 and $610,000 respectively. Cow Hollow has had the most expensive condos and co-ops so far this year, with a median price of $1.6 million for one- and two-bedrooms. 
Glen Park, Bernal, and Bayview are all booming >>
AM LINKAGE

City Goes After Sketchy Haight McDonald's; Leap Hurdling Regs

FAIL

Lego-Style Street View Map Is Flummoxed By Lombard Street

lombard Screen Shot 2015-05-12 at 12.03.26 PM.png
A Swedish developer by the name of Einar Öberg has created a Lego-style version of Google Maps (not actually affiliated with Google), which renders city streets the world over in a blocky style that could be construed as Lego-like—or what Legos would look like if they had been smeared with a mess o' Kragle and then blurred partially by an overzealous censor. Anyway, as CityLab notes, you can test-drive this familiar-strange landscape over in Brick Street View, and despite the lack of Legosimilitude, it's fun to see what the software does with San Francisco's twisty streets. As you might expect, Brick Street View cannot compute curvy Lombard Street, and just renders it as a blank gray block pocked with green egg-trees. Honestly, we're none too surprised, given that our city's topography is a proven pain point even for real Google developers.
Danielle Steel's hedge looks monstrous >>
LIGHTS, CAMERA, ACTION!

Help the 'Last Black Man in San Francisco' Search for a Home

2f8ac2b0cb146bf139a8210b29d1b40e_original.pngWhen 20-something Jimmie Fails was growing up in San Francisco, his family lost the three-story Fillmore home that his grandfather had built back in the 1940s. That story forms the centerpiece of Last Black Man in San Francisco, a nascent film now raising money on Kickstarter. Fails spent the rest of his childhood bouncing between foster homes and homeless shelters, but would go back to his family's house every month to imagine ways he could buy it back. The film, however, is about more than the lost house, and takes Fails' story (in which he plays a version of himself) as a starting point to explore a San Francisco that is changing racially, politically, and culturally. According to the Kickstarter page for the movie, which centers on Fails' character and a friend, it is "a story about two inseparable misfits who are searching for home in a city they can no longer call their own." 
Watch the trailer >> 

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