When the Stanley Saitowitz-designed Yerba Buena Lofts was built back in 2002, the distinctive (and very Saitowitz!) glass and concrete building earned an AIA Design Excellence Award. Now, well more than 10 years later, it seems that lofts in the building are still able to ask prices on par with new condo construction in the city. A two-bedroom on the fifth floor has just hit the market asking $1.575 million for its 1,400 square feet of space, which means that it's looking for $1,125 per square. Of course, the place does also include a big private terrace.
The two-level loft has huge soaring ceilings, exposed concrete walls, and custom closets. The wall that opens out onto the terrace is all glass, and the entire bottom floor is one big open space. There is parking for two cars in the garage. The condo's 2004 sale price was $800,000, so it seems to have held its value very well over the past 10 years.
· 855 Folsom Street #503 [Vanguard Properties]