{"id":3981,"date":"2023-11-25T02:12:39","date_gmt":"2023-11-25T02:12:39","guid":{"rendered":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2023\/11\/25\/former-san-francisco-earthquake-shack-is-now-a-900k-home-would-you-buy-it\/"},"modified":"2023-11-25T02:12:39","modified_gmt":"2023-11-25T02:12:39","slug":"former-san-francisco-earthquake-shack-is-now-a-900k-home-would-you-buy-it","status":"publish","type":"post","link":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2023\/11\/25\/former-san-francisco-earthquake-shack-is-now-a-900k-home-would-you-buy-it\/","title":{"rendered":"Former San Francisco \u2018Earthquake Shack\u2019 Is Now a $900K Home\u2014Would You Buy It?"},"content":{"rendered":"

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Realtor.com<\/p>\n

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Buyer, dream big! A 611-square-foot home<\/a> with an intriguing backstory recently hit the market for $898,000.<\/p>\n

The one-bedroom, one-bathroom cottage in San Francisco<\/a> was built it 1907 and is said to be one of the original \u201cearthquake shacks\u201d built by the city to house refugees of the devastating 1906 earthquake.<\/p>\n

In the aftermath of the quake, the city built 5,300 small, rent-to-own cottages for those who needed housing. After paying off a new home, the owners were required to move their cottages away from the refugee camp to another part of the city. A handful of those dwellings, including this charmer, still exist today.<\/p>\n

\u201cOriginally, it was down in the Glen Park valley and moved up to Congo Street sometime when building [after the fire] started up again,\u201d says listing agent Paul J. Andreini<\/strong>. \u201cNo documentation exists, and it may be folklore, but that\u2019s what [the seller] told me.\u201d<\/p>\n

The seller, who Andreini refers to as \u201cMr. G,\u201d purchased the home in 1959 for $800 and has since used it as a rental space.<\/p>\n

The modest residence comes with refinished hardwood floors, central heating, a basement laundry room, and an adjacent yard.<\/p>\n

611-square-foot cottage in San Francisco<\/p>\n

Realtor.com<\/p>\n

Living room<\/p>\n

Realtor.com<\/p>\n

Bedroom<\/p>\n

Realtor.com<\/p>\n

Bathroom<\/p>\n

Realtor.com<\/p>\n

Backyard deck<\/p>\n

Realtor.com<\/p>\n

Backyard<\/p>\n

Realtor.com<\/p>\n

A petite pad with potential?<\/h2>\n

We\u2019ve seen our fair share of diminutive dwellings with eye-popping price tags\u2014especially in the City by the Bay. This 640-square-foot home<\/a>, also an original \u201cearthquake shack,\u201d was offered at $1.38 million and sold for just shy of $1.5 million. And who can forget the teardown shack<\/a> that was listed back in 2015 for $350,000 (a bargain by San Francisco standards!) and most recently sold for $622,000?<\/p>\n

Even so, it\u2019s impossible to look at this current listing and the price per square foot (which is $1,470, by the way) and not roll your eyes. But, as is the case with many unique properties, it\u2019s still worth considering what could be.<\/p>\n

\u201cPeople and agents get caught up in the price per square foot\u2014they don\u2019t see the potential,\u201d says Andreini, who suggests buying the property for $900K and investing another $800K into a remodel.<\/p>\n

One idea Andreini shares is to relocate the 611-square-foot structure to the property\u2019s backyard and use it as an ADU,\u00a0then<\/em> build a contemporary dwelling in front. Another possibility is to leave the cottage as the third-level primary en suite and build a two-floor expansion on the rest of the lot.<\/p>\n

Of course, as fun as it is to \u201cplay architect,\u201d Andreini urges buyers to do their homework.<\/p>\n

\u201cBuyers must first do their due diligence before making an offer, if they\u2019re planning to get creative,\u201d Andreini wrote in a concept drawing he shared with us. \u201cWe recommend talking to a local architect, one familiar with the San Francisco Planning Department.\u201d<\/p>\n

The post Former San Francisco \u2018Earthquake Shack\u2019 Is Now a $900K Home\u2014Would You Buy It?<\/a> appeared first on Real Estate News & Insights | realtor.com\u00ae<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Realtor.com Buyer, dream big! A 611-square-foot home with an intriguing backstory recently hit the market for $898,000. The one-bedroom, one-bathroom cottage in San Francisco was built it 1907 and is said to be one of the original \u201cearthquake shacks\u201d built by the city to house refugees of the devastating 1906 earthquake. In the aftermath of…Read More→<\/a><\/p>\n","protected":false},"author":0,"featured_media":3982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/3981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/comments?post=3981"}],"version-history":[{"count":0,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/3981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media\/3982"}],"wp:attachment":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media?parent=3981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/categories?post=3981"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/tags?post=3981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}