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$1.4 million San Francisco house snapped up for shockingly low price — but it comes with a huge headache

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.4 million San Francisco house snapped up for shockingly low price — but it comes with a huge headache


A classic Edwardian home in San Francisco‘s Russian Hill with timeless character has been snapped up for $488,000 by a savvy homebuyer.

The unusually low price is far less than half of the city’s $1.2 million median list price and an even smaller portion of the property’s estimated $1.4 million value.

Though the home might seem like a dream bargain at first glance, it comes with a rather astonishing catch: The new owner may not move into the property for the next 30 years.

According to the listing, the property is currently tenant-occupied under San Francisco’s tenant protection laws, and the current lucky occupant, who pays an incredibly low monthly rent of $417, signed a lease that locked in strict rent controls and grants occupancy rights extending until 2053.

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These laws are designed to protect long-term renters, securing low costs over a years long period and enabling the current tenant to take full control over payments of all utilities, including water, garbage, and energy bills.

The new owner may not move into the property for the next 30 years. ABC

There’s no wiggle room either. The sale was strictly as is, according to the listing, which also noted that agents were unable to guarantee access to the property for an inspection or even a walk-through before purchase.

The seller also had the right to reject or counter any offers.

Perhaps understandably, given the legal complexities that come with the home, any potential buyers were urged to review the full disclosure package and consult with an attorney before committing to purchasing the house.

And that’s not the only “catch” to have come with the property.

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The property is currently tenant-occupied under San Francisco’s tenant protection laws, and the occupant, who pays a low monthly rent of $417, signed a lease that locked in strict rent controls. Redfin

Per the listing, the former male owner of the house died inside it. He was over the age of 100 and died of natural causes.

When the home was first listed, it sparked a frenzy of excitement and intrigue.

One neighbor at the time, Ilia Smith, told ABC News that there was a line of people wrapped around the block waiting for a chance to peek inside the unique home.

“My husband came in and said, ‘You’ve got to look out the window. There’s a line from the house all the way to the middle of the block,’” she said.

Ultimately, it was revealed that the home had been the subject of a bitter family feud, according to the San Francisco Standard, which reported that the home was listed by Todd Lee, who is the son of the current tenant, Sandra Lee.

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Per the listing, the former male owner of the house died inside it. He was over the age of 100 and died of natural causes. Realtor.com

According to the Standard, the property was purchased by Sandra’s parents, Florence and Kenneth Goo, in the 1970s. The Goos lived there for many years until they both died in the home, in 2006 and 2018, respectively.

Sandra, who has been living in the home since 2018, told the Standard that the property had been listed by her son without her permission. He was unaware of the iron-clad lease clauses that Kenneth had secretly written into her rental agreement before his death, she added.

“If it wasn’t for the lease that [my son] didn’t know about that was made in 2018, I don’t know where we’d be,” she told the publication. “It’s unfathomable, the deception, the betrayal—this is my son doing this to me.”

Property records indicate that the home was actually purchased by Sandra’s daughter, Cheryl Lee, suggesting that the family rift has since been put aside and that the new owner will not have to worry about dealing with the difficulties of having a stranger occupying their home for the next three decades.

One neighbor at the time, Ilia Smith, told ABC News that there was a line of people wrapped around the block waiting for a chance to peek inside the unique home. raquelm. – stock.adobe.com

At the time of the home’s original listing, experts at local company Kinoko Real Estate explained the complexities of buying this kind of property. There are a few upsides to purchasing a dwelling that already has a long-term tenant installed, they noted.

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“Real estate investors might be intrigued by the long-term investment opportunity,” the company’s website said. “The guaranteed rental income for nearly three decades is attractive, especially considering San Francisco’s historically rising rents.”

However, according to Kinoko, the downsides are much more obvious.

“While the long-term rental income might be enticing, there are some significant drawbacks to consider,” the website goes on. “Firstly, the buyer has no control over the property for nearly three decades. Major repairs or renovations would be at the mercy of the tenant’s cooperation.

“Additionally, predicting the housing market in 2053 is a fool’s errand. There’s no guarantee the property will appreciate in value as much as hoped, especially considering the long wait time.”

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Trump floats sending federal agents to San Francisco to tackle crime

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Trump floats sending federal agents to San Francisco to tackle crime


President Donald Trump was once again floating the idea of sending federal agents to San Francisco to tackle crime.

It happened during a cabinet meeting on Thursday. The president praised Mayor Daniel Lurie’s efforts to lower crime but said he can do it more effectively.

“San Francisco, I know, they have a mayor who’s trying very hard. He’s a Democrat, but he’s trying very hard, but we can do it much more effectively, because he can’t do what we do. He can’t take people out from the city and bring them to back to the country, from where they came, where they were in prisons,” Trump said.

“He’s trying. He’s doing okay, but we could do much better. We could make it a lot safer than it is. San Francisco, a great city, was a great city, could quickly become a great city again. But, you know, they’re going very slowly,” he continued.

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The president implied that the mayor needs federal help to battle crime, saying immigrants are responsible for the lawlessness. However, according to a 2025 study by researches at UCLA and Northwestern, arresting and deporting undocumented immigrants was not associated with reduced crime rates.

Gabriel Medina, executive director of La Raza Community Resource Center In San Francisco agrees.

“I think we need to make sure that our city does not also try to play this game of making up ideas about always associating crime with immigrants, when immigrants commit less crime, so that’s really bad,” Medina said.

In response to the president comments, the mayor released a statement that reads: “In San Francisco, crime is down 30%, encampments are at record lows, and our city is on the rise. Public safety is my number one priority, and we are going to stay laser focused on keeping our streets safe and clean.”

This isn’t the first time President Trump has mused with the idea of sending federal agents to the Bay Area; last October, agents were staged at a military base in Alameda, but Trump called off the plan after talking with Lurie and Bay Area tech leaders.

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“We cannot normalize what this president is saying from San Francisco, that crime is associated with immigration. We need to stop conflating that,” Medina said.



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Man convicted in the deadly 2021 assault of a Thai grandfather in San Francisco avoids prison

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Man convicted in the deadly 2021 assault of a Thai grandfather in San Francisco avoids prison


SAN FRANCISCO (AP) — The man convicted in the fatal 2021 attack of an older Thai man in San Francisco, which galvanized a movement against anti-Asian hate, will be able to avoid prison time, a judge ruled Thursday.

Antoine Watson, 25, was sentenced to eight years for manslaughter in the death of Vicha Ratanapakdee, 84. But, having already spent five years in jail awaiting trial, Watson received credit for time served, and San Francisco Superior Court Judge Linda Colfax said he could have the remaining three years suspended if he follows the rules of his probation.

Ratanapakdee’s daughter, Monthanus, expressed her family’s disappointment in a statement shared by Justice For Vicha, the foundation named for her father.

“We respect the court process. However, this is not about revenge — it is about accountability,” she said. “When consequences do not reflect the seriousness of the harm, it raises concerns about how we protect our seniors and public safety.”

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Vicha Ratanapakdee was out for his usual morning walk in the quiet neighborhood he lived in with his wife, daughter and her family when Watson charged at him and knocked him to the ground. Ratanapakdee never regained consciousness and died two days later.

Watson testified on the stand that he was in a haze of confusion and anger at the time of the unprovoked attack, according to KRON-TV. He said he lashed out and didn’t know that Ratanapakdee was Asian or older.

San Francisco Public Defender Mano Raju, whose office defended Watson, also said at his trial that the defendant is “fully remorseful for his mistake.”

The Office of the San Francisco Public Defender did not immediately respond to an email requesting comment on Watson’s sentencing.

Footage of the attack was captured on a neighbor’s security camera and spread across social media, prompting a surge in activism over a rise in anti-Asian crimes driven by the COVID-19 pandemic. Hundreds of people across several U.S. cities commemorated the anniversary of Ratanapakdee’s death in 2022, seeking justice for Asian Americans who have been harassed, assaulted and even killed in alarming numbers.

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Asians in America have long been subject to prejudice and discrimination, but the attacks escalated sharply after COVID-19 first appeared in late 2019 in Wuhan, China. More than 10,000 hate incidents against Asian Americans and Pacific Islanders were reported to the Stop AAPI Hate coalition from March 2020 through September 2021.

While the Ratanapakdee family asserts he was attacked because of his race, hate crime charges were not filed and the argument was not raised in trial. Prosecutors have said hate crimes are difficult to prove absent statements by the suspect.



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Authors gathering in San Francisco to raise awareness and money for the National Kidney Foundation

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Authors gathering in San Francisco to raise awareness and money for the National Kidney Foundation


A number of notable authors are set to take part in a special event in San Francisco this Sunday, celebrating a shared love of reading while shining a light on an often overlooked health issue. The National Kidney Foundation Authors Luncheon brings together writers and community members to support kidney health awareness and raise funds for critical programs.



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