REAL ESTATE • First Mover
With its abundance of single-family residences and tenancies in common, the Outer Richmond is the city’s secret real estate powerhouse, with 61 homes and 24 condos changing hands in the past year, at respective median prices of $1.8M and $1.06M, per Compass. Bordered by Clement and Fulton Streets to the north and south and 32nd Ave. to the east, the Ocean Beach-adjacent area is rich in buzzy restaurants and bars, with the refurbished Balboa Theater and quirky businesses like coffee and wood shop Butterfly Joint keeping its population of cool singletons and young families diverted. Three recent listings for those who might want to join them:
→ 121 Seal Rock Dr (Outer Richmond) • 2BR/1BA, 1826 SF house • Ask: $1.499M • ocean views and perfectly preserved 1940s bathroom • Days on market: 16 • Agent: Sharon Bacigalupi, Compass.
→ 4535 Balboa St (Outer Richmond) • 5BR/2BA, 2650 SF house • Ask: $2.195M • fully-detached 3-floor French Provincial • Days on market: 12 • Agent: Robert Moffatt, Sotheby’s.
→ 778 34th Ave (Outer Richmond, above) • 5BR/5BA, 3071 SF townhouse • Ask: $3.295M • 1926 build, fully remodeled in 2018 • Days on market: 28 • Agent: Anna Lew, Compass.