Beat-Up Mission Duplex Fetches $2.35M, Double Its Initial Ask

A run-down 18th Street duplex in a prime location just half a block from Dolores Park came on the market in early April asking just $1.099 million, a seemingly unbelievably low price in the Mission these days, even for a property in need of a down-to-the-studs renovation. In a video tour of the place, broker Kevin Ho noted the "classic details that have been beat up over the years" and walked through areas in which everything needed to be gutted. That didn't matter to potential buyers. The low offer brought in 30 bids, and the duplex sold last week for $2.35 million, more than twice its initial ask.

Inside, it's all a bit of a mess right now. The upper unit has emerald green carpeting, pink trim in the main room, and one room that is bright purple. Downstairs, the main room currently boasts three different colors of paint. Both kitchens are large but have appliances missing, and the backyard is a bit of an overgrown mess. The place will almost definitely undergo a full renovation to turn it into two modern TIC units sometime soon. We're envisioning white oaks floors, Nest thermostats, and maybe even a soaking tub on the way.

· 3658-3660 18th Street [Redfin]
· Buyer Preview: 3658-2660 18th Street [Youtube]