Lofts, particularly tri level lofts in San Francisco, offer a luxury of space which is pretty difficult to match for the price in any other property style. The finishes are often very good, and there are plenty of bathrooms, and almost always parking included. Top floor tri level lofts often have skylights creating great light, and many of the buildings have access to a common roof deck. The living can be pretty good, particularly if you like to entertain. Over the years Mike and I have sold many of this class of property; today I thought I would go out and see what is available.
I started with 38 Lusk #2, which is an undeniably nice loft with a very satisfying urban feel situated at the end of Lusk Street. The property features a mezzanine bedroom and a second bedroom allowing for privacy, which is typically the main drawback of loft living. 38 Lusk #2 is just down the street from Twenty Five lusk; the new owner will be able to continue the cool city feel by taking a short stroll over for a high-end cocktail. 38 Lusk Street #2 is being offered at $749,000. Price Squares gives an estimated value of $764,079; a bit of competition is not out of the question on this property.
38 Lusk #2 is the only 2 bedroom loft available in South Beach right now. Since the beginning of July, 6 two bedroom lofts have sold in South Beach with the least expensive selling for $905,000 at 346 1st Street #301.
I saw several very nice lofts in South of Market as well: 520 6th Street #17, 317 Harriet Street #25 (same building at 520 6th Street although different address), 175 Russ Street #12, and 1233 Howard Street #3I, which was the nicest live/work loft I visited today, and priced the highest at $948,000.
Want to know more about loft living in San Francisco? How about where the best locations for lofts are in San Francisco and why? Contact us and we’ll be happy to let you know!