Just Sold! 400 Beale St. #1505 South Beach 1BD/1BA CondominiumPosted by Rebecca Brooks on Wednesday, September 7th, 2011 at 10:02am.
I'm pleased to announce another closed sale - a one bedroom, one bathroom condominium unit at The Bridgeview at 400 Beale St., in the South Beach neighbornood of SF for $450,000! The South Beach area of San Francisco is considered one of the most desirable areas of the City due to its proximity to downtown & the Embarcadero, not to mention the ease of commuting both east & south.
My buyer client got an amazing deal on this high-rise unit on the 15th floor. Over 800 square feet, with an modern open floor plan & peek-a-boo views of the City & Bay Bridge towers, this unit has a step-out balcony off the master bedroom, in-unit laundry, deeded parking & extra storage.
Originally listed at $499,000, this property listing had its challenges: it was a short-sale offering and it was also tenant occupied. By acting quickly my buyer was able to get an accepted contract within days. We were also pleasantly suprised to receive the short sale approval from the seller's lender almost immediately. Our mortgage advisor, Brandon Hoyles of RPM Mortgage, did a fantastic job of meeting our needs and our loan funded within weeks. The tenant voluntarily gave notice to move-out. It all fell into place; the buyer was extremely pleased and is looking forward to moving in. At his purchase price of $450,000, it's an excellent investment.
I’m happy to provide more details or discuss real estate in general, so feel free to call or email me. And, as always, if you are considering purchasing or selling property in the San Francisco or Marin areas, I would love to help you.
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