The 33 units at the Park Lane, San Francisco's very luxurious tenancy-in-common conversion on Nob Hill, have been trickling onto the market over the past couple of years. Three more three-bedrooms have just popped up, and they all have prices that match the building's pricey reputation. The cheapest, with 2,245 square feet of space, is $2.395 million, while a 2,519-square-foot unit is asking $3.195 million and a 2,520-square-foot abode with views of the bay is going for $4.595 million. All three have HOA dues that are solidly north of $2,000 per month.
The building itself has retained its old-world charm, while the one unit that has pictures looks to have been sleekly upgraded. There's a fireplace that still features some carved detailing, while the kitchen and bathrooms are all modern. Unlike other units that have gone to market in the building, pictures of the bedrooms are shown, and they look to be fairly simple, with small windows. If the units sell for asking, the three together would bring in more than $10 million, a solid chunk of Park Lane's estimated $100 million value.
· Mapping 10 Buildings with HOA Fees Higher Than Your Rent [Curbed SF]
· 1100 Sacramento #308 [Redfin]
· 1100 Sacramento #504 [Redfin]
· 1100 Sacramento #508 [Redfin]
· 1100 Sacramento in Nob Hill is San Francisco's First $100M TIC [Curbed SF]
· Previous Coverage of the Park Lane (1100 Sacramento) [Curbed SF]