Telegraph Hill Condo Market Update

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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)