Administrator RealBayVoices

425 1st St., #4407 San Francisco Luxury Condo

April 23, 2019 · · 1 Comment

$1,188,000 425 1st ST 4407 SAN FRANCISCO, CA 94105 1BR/1BA

Luxurious 1 bedroom 1 bath prime corner unit with stunning views of the City, and Bay Bridge.This unit is on the 44th floor of the upscale One Rincon Hill Tower located con the north east corner. Amenities include a Sub Zero stainless steel refrigerator, Bosch stainless steel dishwasher, washer and dryer, Bosch gas stove and microwave, granite counter tops in the kitchen and bathrooms, a spacious walk in with California Closet organizer in the master. Upgraded shower glass doors. Hardwood floors in the entry, kitchen and living room. Floor to ceiling windows. Balcony with spectacular views. Enjoy 24 hour door man, full service valet parking, swimming pool and hot tub, BBQ area, meeting rooms, fitness center, sauna, Uncle Harry’s Penthouse lounge, storage and bicycle lockers. Located near Highways 101 and 280, Transbay, BART, Caltrain, Bay Bridge, Ferry Building, shops, great SF dining, bars, lunges, AT&T Park, Warrior’s Stadium, Union Square, and the financial district.

Administrator RealBayVoices

516 Redwood Ave. A San Bruno Super Star!

April 12, 2019 · · 1 Comment

$1,188,000 516 Redwood Ave San Bruno, CA 94066 4BR/2BA

Light filled & spacious with a wonderful floor plan that offers lots of flexibility. Features include a family room off the kitchen, large living and dining rooms & roomy bedrooms that are entered by going up a few steps from the living area for extra privacy. There is a bedroom/den downstairs too. Notice the fresh interior paint and gleaming refinished hardwood floors. Lots of extra storage below and a large yard. Enjoy the views toward the bay and airport especially at night. Be so close to schools, churches, 280/380/101 freeways, San Bruno BART & CalTrain, Bayhill & Tanforan Centers and SFO. This is the first time on the market in almost 60 years so this is truly a special opportunity.

Listed by Brian Boisson, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | bboisson@bhhscalreal.com | 650-871-3603

Administrator RealBayVoices

344 Alta St., Brentwood, Ca is Contra Costa’s Hidden Gem!

$510,000 344 Alta ST Brentwood, CA 94513 4BR/3BA

Welcome to this beautiful newer home built in 2016 featuring, on first level a bright and open floor concept, kitchen with center island overlooking living room with fireplace, dining room and half bath. 2nd floor offers a loft area perfect for office or family room, 4 bedrooms including master suite with walk-in closet and stylish, spacious bath with separate shower and tub, a hall bathroom and a spacious laundry room. HOA includes front yard maintenance, park and playground. Wonderful location near top-rated schools, parks, dining, shops and movie theatre.

Listed by Shokoofeh Nowbakht, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | shokoo@bhhscalreal.com | 650-871-3686

Administrator RealBayVoices

Recap of ADU/How to Add a Second Unit Workshop Spring 2019

Last week our office had a workshop, at the Millbrae Library, on how to add a second unit to your home. It was very well attended, in fact, we were surprised that there was so much interest which makes one wonder.. is this what homeowners want to do now instead of selling and moving to a larger home? Is this the wave of the future now since the home prices have gotten so high and out of reach for many?

San Mateo County is making it easier and more streamlined to add a unit to an existing home because of the population growth and lack of accommodations. A few rules of thumb for most cities is:

  1. Making an appointment to meet with a planner in the initial stages of the project can help avoid challenges and is highly recommended.
  2. State laws apply if a specific city does not have their own ordinances.
  3. ADU’s are allowed in residential zoning categories only, where there is currently an existing single family home.

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Administrator RealBayVoices

819 Southgate Ave. Well Maintained Beauty in Daly City

March 25, 2019 · · 1 Comment

$988,000 819 Southgate Ave. Daly City, CA 94015 3BR/2BA

Enjoy beautiful sunsets from this ranch style home! Located in the Westlake Highlands neighborhood, this home features 1,450 sq.ft. of living space, hardwood floors throughout, and a great floor plan. The living room is enhanced by views of the ocean, a wood burning fireplace, and tall windows allowing plenty of natural light to fill the room. Dining area is spacious enough to host a large group of friends over for dinner. The u-shape kitchen offers a great work space and plenty of cabinets. Good size bedrooms and spacious master suite. For the nature lovers there are great hiking trails nearby, Fort Funston, Lake Merced, and Ocean beach. Centrally located to grocery stores, Westlake Shopping Ctr, Olympic Golf course, SF Zoo, Cliff House. Public transportation just down the block and easy access to hwy 280/35/1 and Bart.

Listed by Lee Ginsburg, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | lee@leesellsmore.com |(650) 358-3959

Administrator RealBayVoices

Ever Thought of Brisbane, Ca.??

March 18, 2019 · · 1 Comment

$778,000 178 Sierra Point Rd., Brisbane, CA 94005 3BR/1.5BA

Tons of potential for this 3 bedroom, 1.5 bathroom home. It is located in one of the nicest locations in Brisbane. It has lovely Bay views, while at the same time, it is just blocks from downtown and walking distance to both schools and all amenities. Newer foam roof, water heater and some double pane windows. This property will need some work, but could be a great opportunity for the right buyer.

Listed by Kathy Wall, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | kwall@bhhscalreal.com | 415-608-4168

Administrator RealBayVoices

Awesomeness in Pacifica’s Linda Mar Neighborhood!!

March 12, 2019 · · 1 Comment

$1,199,000 1011 Zamora DR PACIFICA, CA 94044 5BR/3BA

Located on a quiet cul-de-sac, this two story home boast views of the ocean and mountains. This beautiful home features brand new carpet, cathedral ceilings, double pane windows, two decks and more. The main level offers 3 bedrooms and 2 full baths, a living room/dining room combo, and bright kitchen with lots of storage. Another great feature off the main floor is the large family room which provides access to the large deck, perfect for entertaining. The second story features a large master suite with access to the 2nd deck and an additional bedroom. If you love being outdoors, then you will enjoy quick and easy access to Pacifica’s beautiful state parks, hiking trails, and the beach. Conveniently located near schools, parks, and Linda Mar shopping center. It’s the perfect location for nature lovers and offers a short commute to SF- 18 miles North, and to the top tech companies in Silicon Valley – 30-45 miles South.

Listed by Lee Ginsburg, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | lee@leesellsmore.com | (650) 358-3959

 

Administrator RealBayVoices

Well Maintained South City Charmer!

$939,000 514 Elm CT SOUTH SAN FRANCISCO, CA 94080 3BR/1BA 

This three bedroom, one bath home is located in desirable Old South San Francisco under “Sign Hill”. Living room with fireplace, formal dining room and eat-in kitchen. Beautifully refinished hardwood floors, double pane windows, new interior paint and new light fixtures. One car garage includes washer/dryer, wash basin and roll up door. Separate covered patio – great for entertaining and beautiful low maintenance rear yard. Close to all transportation option, Genentech Campus and just minutes to downtown San Francisco. An opportunity you will not want to miss!

Listed by Karon T Knox Franzella, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | karonknox@aol.com | (650) 871-3622

Administrator RealBayVoices

469 Mastick Ave. Terrific Downtown San Bruno Location!

$899,000 469 Mastick Ave., San Bruno, Ca. 94066 3BD/2BA

Beautiful Downtown San Bruno home! Exceptionally maintained interior, exterior, and backyard. The floor plan is flexible–it can be 4 bedrooms and a small family room or 3 bedrooms and a larger family and an office. Gorgeous refinished floors with a nice border and ribbon. Stainless steel, granite, and all the things you want. Newer roof and upgraded electrical. Ready to move in! Conveniently located in Downtown San Bruno! Around the corner from the favorite West Coast Cafe, Thai Nakorn, and Never Too Latte! Also along the main street, San Mateo Ave., are a host of grocery stores, other restaurants, and pubs. Steps to El Camino Real, BART, and CalTrain for transportation.

Listed by Barbara Becker, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | bbecker@bhhscalreal.com | 650-302-2507

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5 Reasons 2019 Is The Most Important Year For Housing In 10 Years

February 27, 2019 · · 1 Comment

Picture taken from Trulia

Written by:

 Joshua Pollard to Forbes

Contributor

In the midst of the longest US government shutdown in history, a volatile stock market, global trade wars and Apple slashing its revenue forecasts to start the year, the question rings loud: How will the US housing market hold up in 2019?

A number of global economic sectors took a hit in 2018, while the US real estate sector only cooled in certain markets, though it did not crack. However, if housing gets a cold, banks and the financial sector get pneumonia. The global economy would surely be in trouble if the real estate market became a broad concern.

Given this potential for volatility, 2019 will be the most pivotal year in US housing and commercial real estate since the Great Recession. Here are 5 reasons why:

1. Opportunity Zones (Positive)

Opportunity Zones were created as a part of the 2017 Tax Cuts and Job Act, and they will have important ramifications on the real estate market in 2019.

Every governor in the US selected 25% of the low to moderate-income areas in each state to be the place where monies that would otherwise be paid to the IRS as capital gains taxes could instead be deferred, reduced and eliminated.

In other words, 2019 is the maximized benefit year for the Opportunity Zone program. How investors are able to manage through the Opportunity Zone program and its forthcoming guidance from the IRS will be critical to the US housing and commercial real estate market for 2019.

2. Changes To Mortgage Interest Deduction (Negative)

American families will receive their W-2s over the next few weeks and prepare their taxes before April 15th. Many do not recognize that the mortgage interest deduction that they have been used to was capped as a result about the 2017 Tax Cuts and Jobs Act.

The 2017 legislation limited the amount of mortgage interest that could be deducted, along with a host of other changes that will impact families. Many families will really only understand the impact of the tax changes as they look to file their returns over the next few months and realize that things have changed.

3. Volatility In Interest Rates (A Toss-Up)

There’s been a stock market correction within the first year of every new Federal Reserve Chair’s tenure in the last 40 years, with the exception of one: Dr. Janet Yellen. Current Fed Chairman Jerome Powell has fallen back in line with his predecessors and witnessed a material stock market correction to close out 2018.

A common measure of broader interest rates, the yield on ten-year treasuries rose 2.47% at the beginning of 2018 to 2.67% at the end of the year. However, ten-year treasury rates have dropped from a high of 3.23% in October 2018 to approximately 2.70% last week. This level of volatility is an indication of a jittery economic outlook, but with respect to housing, it can completely change the affordability of a home.

4. Slow-down In Home Price Increases In Coastal Markets (A Toss-Up)

The extreme home price increases that have occurred over the last ten years in markets like New York City and San Francisco took a breather in 2018. This is good in a certain respect, because it helps to ensure that oversupply doesn’t happen in these markets any more than it may have already occurred.

That said, consumers are counter-affordable buyers when it comes to housing: When times are good, everyone’s buying, everything’s expensive and quick to move on homes. When things cool off a bit, prices are a little better, consumers get slightly more cautious and are slower to purchase. If consumers become very slow to purchase, a highly motivated seller can drop prices in a knee-jerk reaction.

If the recent cool-down is a blip, and the recent reduction in interest rates incites consumers to make the purchase that they’ve been looking forward to, this could be very good. If, on the other hand, consumers decide to slow down en masse, there would be reason for concern. The spring selling season for new homes, which starts in earnest just after the Super Bowl (early February), will be very telling in places like California, Florida, Texas and the remainder of the Sunbelt.

5The Rest Of The Economy (A Toss-Up)

In 2001, the US economy slipped into a recession following the initial burst of the tech bubble and the ramifications of Sept. 11. Housing prices, which were growing mid-single digits in the years leading up to 2001, slowed to no growth during that short recession. Home prices did not decline on a national basis.

Right now, there are multiple global and US economic sectors that are in temporary recession or correction. Oil prices have dropped from $73 per barrel to $51 since September 2018. The stock market, as measured by the S&P 500, has fallen by nearly 12% since then, too, and the valuations of technology stocks have similarly fallen during that time frame.

Conditions vary with each economic cycle, but the government shutdown and other economic sectors are already affecting real estate, setting 2019 up to become the most pivotal year the US housing market has seen in the last decade.

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300 Murchison Dr. #302 Millbrae Best Location West of the Mississippi!

February 22, 2019 · · 1 Comment

$949,000 300 Murchison DR 302 MILLBRAE, CA 94030 2BR/2BA

Location! Location! Location! Rarely available beautiful 2 bedroom 2 bath modern & luxurious penthouse condo home near Millbrae downtown. One of the best units in the complex. New paint and carpeting throughout. Crown molding added in the living room. Stainless steel appliances. You can walk to Bart/Caltrain Station or go to SF downtown for shopping/work with ease. You can take BART to SFO Airport or go by car within minutes. Close to top rated schools – every level. This home is close to banks, supermarkets, restaurants, gyms, professional offices, after-school class/programs, and nearby the Spur Trail and parks to meet nearly every need of you and your family. The Sutter Medical G Hospital is about 2 blocks away. The building has good security and the unit has great views. There are two assigned parking space in the underground garage and ample on street parking. There is one assigned storage locker. The HOA fees include water & garbage and access to a pool and hot tub.

Listed by Ron Popp, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca. 94066 | rpopp@bhhscalreal.com | 650-871-3657

Administrator RealBayVoices

300 Davey Glen Rd #3403 Awesome Belmont View Condo

February 19, 2019 · · 1 Comment

$679,000 300 Davey Glen RD 3403, Belmont, Ca. 94002 1BR/1BA

Rooms with a view! Step into this well appointed, remodeled, open floor plan and the first thing you’ll notice is the gorgeous views of the Bay, city and the hills on the East Bay. In the A.M. you’ll witness the sunrise and in the evening you’ll gaze onto the city lights. Sliding glass doors in living room open to a spacious balcony where you can relax as well as bbq. The entire interior is freshly painted, the kitchen is remodeled with white cabinets, new stone countertops, and new dishwasher and microwave. Kitchen flows into a spacious dining area with built in floor to ceiling shelving. Large bedroom offers an amazing view, too! Bathroom tastefully remodeled with new vanity, tile floor, new tub, and shower. New, modern light fixtures have been added throughout. There’s tons of closet space, too! Enjoy the pool, hot tub, exercise room, billiard room, assigned & secure parking, community room, and only steps to the NEW Davey Glen Park. SUPER!

Listed by Beverly Flinn, Berkshire Hathaway HomeServices Ca Realty, 180 El Camino Real, San Bruno, Ca., 94066 | bflinn@bhhscalreal.com| 650-534-7749