Listed at $885,000 in November 2008, this little Noe Valley fixer at 4209 24th Street sold for $896,000 in 31 days.
Two and half years later, the owners finally got their demolition permit. It only took a few hours for the little box of ticky-tacky to come a-tumblin’ down. Here’s what it looked like.
San Francisco is notorious for making it almost impossible to get a demolition permit or do anything else that might remove a dwelling unit from the market. The application alone is 16 pages long and I promise you it is not happy reading. (I know — I’ve read it.)
So if anyone is wondering what a piece of land is worth in a decent (if noisy) location in Noe Valley, you’ve got your answer. For a 25′ x 100′ lot, that’s around $360 a foot. Guesses as to the new kid on the block?