Connect with us

San Francisco, CA

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

Published

on

.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.

Advertisement

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.

Advertisement
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.

Advertisement
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.

Advertisement

“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.”

Advertisement



Source link

San Francisco, CA

Trio of Bay Area High School baseball games at San Francisco Giants’ Oracle Park

Published

on

Trio of Bay Area High School baseball games at San Francisco Giants’ Oracle Park


Bay Area High School baseball fans are treated to a rare opportunity Saturday (April 18) with three games at Oracle Park, home of the San Francisco Giants, including the famed Bruce-Mahoney clash between West Catholic Athletic League rivals St. Ignatius and Sacred Heart Cathedral.

The first pitch of the 20th annual Dante Benedetti Baseball Classic starts at 11 a.m. and pits two more San Francisco private schools as University (9-7), winners of four straight, taking on Riordan (5-11). 

That will be followed by the Bruce-Mahoney game at 2:30 between St. Ignatius (12-5, 4-2 WCAL) and the Irish (7-10, 1-5) and finished off with a North Coast Section clash between North Bay’s Marin Catholic (9-7) against Acalanes (7-6-1).  

Advertisement

The Benedetti Classic, founded by Dante’s Boys Foundation board member Tom Lounibos and Giants president Larry Baer, benefits the DBF which honors the spirit of Benedetti who for nearly 40 years owned San Francisco’s Mr. Baseball nickname for his kindness and generosity to baseball-playing youth in the area. 

Advertisement

Among their philanthropic efforts are glove and baseball equipment drives, field renovations and contributions to scholarships and sponsorships.

After starting the season 0-4 — three of those losses were by one run — University, under head coach Andrew Suvunnachuen, has found its way, winning the last four, all in Bay Counties League play, by a combined 51-6 count over Lick-Wilmerding (16-1 and 11-3) and San Domenico (13-2 and 11-0). 

Senior catcher and pitcher Jett Messenger leads the way with a .447 average, while getting on base at a .638 rate. He also leads the team with 20 stolen bases. Junior third baseman Tate Gebhart is hitting .419, while Leo Felder and Behbart share the RBI lead with 15 each. 

 Junior Matthew Foley is 3-2 on the mound with a 2.38 ERA and 25 strikeouts in 17.2 innings. 

Advertisement

Riordan, under second-year head coach Craig Sargent, was 5-5 in nonleague games but lost six straight in the rugged WCAL, losing two tough games this week to Mitty (3-2 and 7-4). Junior third baseman and pitcher Santiono Williams leads the team in batting average (.371), on-base percentage (.488) and stolen bases (nine). He’s also been the team’s top pitcher at 4-2 with a 2.84 ERA. 

Advertisement

The teams have split two previous games in their history, with Riordan winning 2-0 in 2023 and University prevailing 5-0 in 2021.   

St. Ignatius, led by ninth-year head coach Brian Pollzzie, has already secured the Bruce-Mahoney trophy with four straight wins — one each in football, girls volleyball, boys basketball and girls basketball — but this rivalry is always spirited. 

The Wildcats, who are ranked fourth in the Bay Area by the San Francisco Chronicle, are coming off a tough 3-0 home loss to No. 2 St. Francis on Friday after beating the host Lancers 10-6 on Tuesday. 

The team is led by Stanford-bound Archer Horn, who is hitting .486 with four home runs and a .604 on-base percentage. The shortstop and pitcher also has not allowed an earned run in three pitching appearances while registering one save. 

Advertisement

Archer Horn is also a standout shortstop on top of a being St. Ignatius’ closer | Photo by Paul Ghiglieri/St. Ignatius

Pitching is a team’s strength with a 2.59 ERA, led by a brigade of strong arms including Leo Rhein (2-0, 2.38), Tycco Giometti (2-1, 2.62), Charlie Stecher 1-1, 0.72) and Chase Gordon (1-0, 2.80). The team is missing standout Finn Demuth, out of the season after undergoing Tommy John surgery. 

Sacred Heart Cathedral, led by fourth-year head coach Gregg Franceschi, has scored 60 runs on the season and given up 61. The Irish are coming off two losses to eighth-ranked Valley Christian (5-2 and 10-1). 

Advertisement

They are led offensively by junior outfielder Brody O’Sullivan (.381) and senior infielder Jacob Vines (.378). Johnny Nepomuceno and Max Nylander are other run-producers. Zach Stallworth (37 strikeouts, 29.2 innings) and Cooper Rogers Lewis (0.25 ERA) have been the team’s top pitchers. 

Advertisement

The series has been remarkably close since 2005 with Sacred Heart Cathedral holding a 27-20 edge, though St. Ignatius won both games last season (5-0 and 6-3) after the Irish won 9-7 and 1-0 in 2024.

Marin Catholic hopes to get back to winning after starting the season 9-1, but have since lost six straight, four in Marin County Athletic League play, including 4-2 to Novato on Thursday. Senior outfield Luke Martin is the team’s leading hitter at .478 while senior infielder and pitcher Cooper Mitchell is at .455. Senior infielder Walker Untermann leads the team with 15 RBIs. 

Acalanes is at the other end of the spectrum, winners of five of six after a 2-5-1 start. Junior infielder Tyler Winkles, also a highly recruited quarterback in football, leads the team with a .383 average and nine stolen bases. Riley Gates (2-3, 2.49 ERA, 30 strikeouts) is the team’s top pitcher. 

The teams have played three times, all since 2022, with Marin Catholic owning a 2-1 lead. Acalanes won last year’s game 8-7.

Advertisement

Add us as a preferred source on Google



Source link

Continue Reading

San Francisco, CA

Fatal Chinatown crash leads to arrest of elderly driver

Published

on

Fatal Chinatown crash leads to arrest of elderly driver


A 76-year-old man has been arrested on suspicion of vehicular manslaughter and speeding following a crash in San Francisco’s Chinatown that killed a man working in the area.

Zhuo Ming Lu, 76, is accused in the March 27 crash that left 49-year-old Cutberto Zamora-Martinez, of San Joaquin County, dead.

Advertisement

Suspect was trying to park

What we know:

Authorities said Lu was attempting to park near Grant Avenue and Jackson Street when his vehicle jumped the sidewalk and crashed into the landmark New Lung Ting Café, also known as the Pork Chop House. The vehicle also struck two pedestrians, including Zamora-Martinez.

Advertisement

Zamora-Martinez died from his injuries.

He had been working in the area, according to a GoFundMe page. A San Francisco Police Department source close to the investigation told KTVU the victims were carpet installers arriving for work.

Advertisement

The fundraising page described Zamora-Martinez as a husband and father who was the sole provider for his family and “a humble man who wanted the best for his family.”

Before his arrest, Lu had been cooperating with investigators. Authorities have not confirmed what caused the crash.

Some residents questioned whether the driver’s age or a possible confusion between the brake and gas pedals may have been factors.

Advertisement

“Maybe if people hit a certain age, you got to get retested for your driver’s license is something I was thinking about,” said Keith Hong, who works next door to the crash site.

Another case involving an elderly driver

Big picture view:

Advertisement

In an unrelated case, Mary Fong Lau, 80, was sentenced to probation after killing a family of four, two parents and their young children. in March 2024. Authorities said Lau struck the victims as they waited at a Muni stop on their way to the zoo.

Lau pleaded no contest to four felony counts of vehicular manslaughter, and a judge accepted the plea. A Superior Court judge cited her age, remorse and lack of criminal history in the sentencing decision.

Advertisement

She was placed on probation for two years, banned from driving for three years and ordered to complete 200 hours of community service.

The Source: San Francisco Police Department, prior reporting

San Francisco
Advertisement



Source link

Continue Reading

San Francisco, CA

Maria Isabel Is a Masterclass in Mariscos and Moles

Published

on

Maria Isabel Is a Masterclass in Mariscos and Moles


San Francisco first came to know chefs Laura and Sayat Ozyilmaz through their pop-up Istanbul Modern, and later through their breakthrough Presidio restaurant Dalida. The duo’s success is grounded in their take on Eastern Mediterranean food, which they made a conscious decision to champion 10 years ago.

Fast-forward to 2026, and now Laura is taking on a personal project of her own, with Sayat by her side, placing foods from Mexico’s Guerrero and Sinaloa center stage at Maria Isabel. It’s a refreshing menu that combines both Mexican and local ingredients, through the lens of the Ozyilmazes cooking backgrounds.

Reservations are released on OpenTable 30 days in advance, but Laura confirmed that they do take walk-ins depending on space. Smaller parties or solo diners might have better luck sliding in, thanks to the counter in the brighter, “Maria” portion of the restaurant.

The cocktails from consulting bar director Evan Williams are always worth a glimpse, whether at Dalida or at Maria Isabel. They’re well-balanced and have incredible depth and technique behind them. That being said, the team sourced wines from woman-led wine brands such as LOTIS Wines and Amevive Wine, if you’re looking to explore past the usual selections you’ll see elsewhere.

Advertisement



Source link

Continue Reading
Advertisement

Trending