The Royal Towers in Russian Hill is home to many high-end apartments (and people), including a one bedroom that recently sold for $2,900,000. Now's your chance to snag a unit, but it comes with strings attached. Enter unit #902, a property that's being delivered in shell condition with approved plans for two bedrooms and two bathrooms. So yeah, it's basically gutted. No walls, kitchen, bathrooms or wet bar, and certainly not move-in ready. Asking price? $1,295,000. Pros: The sale includes architectural plans that have been approved by the Board of Directors. If you have any experience with co-ops boards, then you know requesting something as simple as a change of window treatments for your own apartment can be a nightmare. To already have board approval for the build is a huge accomplishment. The building's amenities include a 24-hour doorman, heated outdoor pool and landscaped dog run. Lowlights include monthly HOA dues of $1,441.54 and having to sink $2,000,000 into your $1,295,000 purchase just to make it livable.
· One Bedroom at the Royal Towers Sold For $2,900,000 [Curbed SF]
· 1750 Taylor #902 [Redfin]