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Marina teardown in ‘considerable disrepair’ sells for $681K over asking

Of course it did

Marketed as a Marina teardown, this circa 1926 single-family home was listed for $1,999,000. While inhabitable, it had two things going for it—the prized block its on (37 Rico Way being the address), and the neighborhood its in.

Combine that with our city’s still-scorching real estate market, and you end up with a decent chunk of coin.

Admittedly, some of these decaying-home shots are cool in and of themselves. The stained hardwood floor, the fallen ceiling squares, the lonely light fixtures—very Grey Gardens. But a gorgeous decay does not a habitable house make.

Selling price nabbed $2,680,00, which comes to $681,000 over the asking price.

Renderings of a new (albeit not at all imaginative) house are included in the images, but that doesn’t mean this will become the new structure.

Curbed SF will update as soon as a new design is selected.