Telegraph Hill Condo Market Update

greenwich with coit tower

There are some extraordinary condos on the market in Telegraph Hill.  1360 Montgomery is an absolute gem, Built in 1936, it is a fabulous Art Deco period piece with stunning views.  You feel like you are in a movie.  In fact, this building was the setting for Dark Passages starring Lauren Bacall and Humprhey Bogart.  An amazing one bedroom condo, listed for $1.5 million.  The Penthouse at 567 Vallejo Street is still available, along with at least one other unit in the building.  This 3 bedroom, 3 bath home is very well built, has lovely finishes and two incredibly large decks.  Listed for $4,750,000. 

Several condos are in contract including two one bedroom condos and two of the fabulous condos at 567 Vallejo.

Recent closes include 1440 Kearney--a real surprise.  This condo came onto the market last October for $2,850,000.  After several reductions, being on and off the market, it closed escrow last month for $2,200,000, $205,000 above its last sale (April 2004).  (see related article)

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