Loft in Converted Lower Haight Movie Palace Asks $1.095M

Units at the Lower Haight's Theatre Lofts building don't pop onto the market very often, but the listing of #102 brings the number of offerings in the building to two this year. The building was converted to condos from a 1926 movie palace in 2001, and the lofts inside have an industrial New York feel. This one is a two-bedroom, two-bath asking $1.095 million, but given that #207—which is a converted one-bedroom with nearly identical square footage—sold for $1.325 million in February, we imagine that the sellers are looking for offers well over asking. According to its listing, the loft is newly remodeled.

The loft is undeniably industrial, with exposed concrete and steel beams throughout. The kitchen is brand new, as are the bleached red oak floors upstairs. One bedroom is enclosed by sliding doors, while the other is open to the main living space. A fireplace decked out in shiny tile looks ready to host a party, and there's parking for one car in the garage. The only thing not to like about the place is its brokerbabble, which claims that the loft is in Hayes Valley. The actual location on Haight Street between Steiner and Fillmore puts it firmly in the Lower Haight by at least a couple of blocks and about a 15-minute walk from the center of Hayes Valley.

· Ex-Movie Palace in Lower Haight Will Act Like a Condo for $995K [Curbed SF]
· 560 Haight Street #102 [Redfin]