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On the Market: 891 43rd Avenue, an Outer Richmond Flipper

An Edwardian beauty recently renovated "to the studs," 891 43rd Avenue (at Fulton and Cabrillo) just debuted on the market for an asking price of $1.298M. The amenities are many: 3 levels; upper includes 3 master suites and bathrooms (Jacuzzi! Steam shower!) while the lower houses and extra bedroom and half-bath for the in-laws or other undesirables. Paved drive, central heating, security; you get the picture. Perhaps best of all is its proximity to Golden Gate Park and Ocean Beach—and the series of seedy, broken-down Scooby Doo vans and trailers that line Fulton! A final note on value: This property was sold in 1992 for $293K, flipped again in 2005 for $76K! (Typo? Sympathy sale to down-and-out family member?), again 10 months later for $875K, and one more time, in 2007, for $895K. Wonky appreciation, no? Open house this Sunday, BTW.
· 891 43rd Avenue [Caldwell Banker]

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