The Mid-Market area and the adjoining part of SoMa have been changing rapidly over the past few years, but there's no question that the section near Sixth Street remains of the grittier parts of San Francisco. Despite the rather rough surroundings, it's still possible to pay more than $1 million per bedroom for a penthouse loft that sits just half a block off Sixth. A two-bedroom live/work penthouse at 542-544 Natoma just hit the market asking $2.3 million, and it's already proven that it can pull in a price in that neighborhood despite its, uh, neighborhood. Just a year ago the loft sold for $2.05 million.
Despite its squat, brown exterior, the loft itself is rather spectacular. There are floor-to-ceiling windows, an over-size skylight, and a three-story atrium through the middle. The living room boasts 17-foot ceilings, and there are four separate outdoor spaces, including a private roof deck. The entire space stretches over 2,360 square feet, and there is parking for two cars in the garage.
· Department of Public Works to Test Wall Paint That Pees Back [Curbed SF]
· 542-544 Natoma Street #1 [Redfin]