Just closed today:
2bedroom/2baths condominium@ One Mission Bay. Sale price: $1,575,000.
This is the last condominium new development for sale in the Mission Bay neighborhood, the premier San Francisco technology, biotechnology and medical research hub. Sports fans are also in for a treat: the AT&T Park, home to the famous Giants baseball team, is within walking distance. Residence #608 has an unobstructed view of Mission Bay creek and the north part of the city. High-end Gaggeneau appliances, beautiful floors and one parking complete this exquisite condo. This is an investment purchase by one of my savviest foreign investors clients, who maintains a residential properties portfolio in global super star cities such as San Francisco, London and Tokyo. The highest rent income in the US and the double digit appreciation, coupled with a perpetual low inventory, high demand and limited geographical area make San Francisco real estate one of the soundest investments.