Pacific Place, a favorite condo project in San Francisco

By
Real Estate Agent with Compass CA DRE# 01215160

Located Pacific Heights, along the Van Ness Avenue corridor, where Nob Hill and Pacific Heights meet, with Russian Hill 2 blocks away, you'll find Pacific Place, a condominium project. I've written about Pacific Place several times before, including this post from 2012.

Pacific Place remains a highly-desired place to call home. Built in 2001, this well-maintained development remains lovely and pristine. One can appreciate that there is one parking spot per unit (unlike many new projects built in the last couple of year that have often have only 1/2 spot per unit) with no stacker mechanism to stall or break down. The secured, well-lit 3-level garage, with a deeded spot for every unit, is served by two high-speed elevators in each tower whisk you to your floor--no stairs, no weather with which to contend.The pool, hot tub and bathrooms/changing rooms, located in the beautifully landscaped courtyard between the 2 towers, are uncommon amenities that add to the joy of living here, as does the small on-site gym, 24-hour security and on-site maintenance and management.

Pacific Place is a pet-friendly building. Although the courtyard is off-limits to furry friends, Lafayette Park is a delight for them; other parks are available too, as are numerous shops along Polk Street, with water bowls outside for dogs, while the pet store Bow-Wow Meow offers treats to visiting pets!

Lafayette Park, Pacific Heights, San FranciscoThe location near the Polk Street, Fillmore Street and Union Street commercial neighborhoods can't be beat, and Lafayette Park is beloved by dogs, children, nature lovers, picnickers, or simply as a place to gaze at the view and reflect on life and how good it is to be living your San Francisco dream.

WalkScore gives 1701 Jackson a walk score of 98 (out of 100), a transit score of 94 (3 bus lines stop at the corner; 2 others are 1 block away), and 69 bikeable (we do have hills!) Walk time to the financial district in downtown is shown as 29 minutes, 17 minutes by bus, and 8 minutes on bicycle.

Downtown is not the only place one can walk to in 30 minutes. In less time one can walk north to reach the waterfront at Aquatic Park, Fisherman's Wharf and Ft. Mason. Head east to the top of Nob Hill and the prime hotels there, explore Chinatown and North Beach. To the west are Lafayette and Alta Plaza parks and the many mansions in Pacific Heights. Walk south less than 30 minutes and you're at the opera house, symphony hall, the jazz center and City Hall. 3-4 blocks away, catch the California Street cable car on days when the steep California Street hill isn't appealing. (Can you imagine how fun it is to commute to work via cable car?)

Take a look at the price mentioned in 2012 for a 2-bedroom courtyard unit ($849,000) and compare that with 2018/2019

In 2018 a total of seven 2-bedroom, 2-bath units sold, with prices ranging from a low of $1,240,000 to 2 units that each sold for $1,415,000. (The highest-priced sales, not surprisingly, have views of San Francisco Bay, including Angel Island, Alcatraz, and the Marin hills. A one-bedroom unit, with office alcove, sold for $980,000 in 2018. In the first 3 months of 2019, one unit has sold, a smaller 1-bedroom with city views that sold for $929,000.

For rent in the Washington Tower is a 2-bedroom, 2-bath unit on the ground floor with direct access to the courtyard, pool and spa, but no bay or city view. Asking rent is $5,300/month.

Appreciation at Pacific Place has been rising, with no let up in sight. With so few listings coming on the market out of the approximately 148 units between the two towers, a buyer needs to act quickly and decisively when the opportunity arises.

If you would like to learn more about Pacific Place in the heart of San Francisco, reach out; I'm happy to answer questions or keep you in the loop with opportunities arise here.

 

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Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Lottie - this sounds perfect.  Just wondering if it is already sold as you are writing.

Apr 05, 2019 08:35 AM #2
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hello Grant Schneider - no units currently for sale at Pacific Place; only the 1 rental at $5,300 (pretty high rent!) 

Apr 05, 2019 09:38 AM #3
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Good morning, Michael Jacobs - The location is my favorite! Walk almost everywhere, 4 bus lines within a block, restaurants galore 

Apr 05, 2019 09:42 AM #4
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John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Sounds like a great place for the right person!   Personally, if I'm spending $1M, I'm going to have a big ole' yard, but for someone that loves city life and low-maintenance living, this place sounds perfect!  And a great big YES To the parking!

Apr 05, 2019 09:59 AM #5
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Lottie Pacific Place condos have a lot going for them, and they are pet friendly to boot.

Apr 05, 2019 12:48 PM #6
Rainmaker
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Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

That courtyard sure looks inviting. 

Apr 05, 2019 02:54 PM #7
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hello John Meussner - condo living certainly isn't for everyone, but when it works, it's great. After many years in a single family home, I myself now chose to live in a city condo--complete change of lifestyle, and I answer my gardening yearnings by having a garden plot at Ft. Mason. Now I have more time to hike when I'm not working. Where will you be hiking this weekend?

Apr 05, 2019 03:39 PM #8
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi George Souto - I read an article last evening (can't remember where) that named the 12 most pet-friendly large cities in the country. Seattle was #1; San Francisco #9 - can't remember others. 

Apr 05, 2019 03:40 PM #9
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hello Sharon Lee - yes, that courtyard is a lovely, tranquil spot -- hard to believe one is in the midst of the city. 

Apr 05, 2019 03:41 PM #10
Rainmaker
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Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Pacific Place certainly looks like the place to be!  If I knew of anyone looking to live in the area, I would certainly refer them to you!

Apr 06, 2019 06:22 AM #11
Rainmaker
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Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Hi Lottie, Pacific place looks outstanding. Built in 2001, it seems to have all the modern features and amenities. And the location couldn't be more walkable, and scenic.

Apr 06, 2019 07:14 AM #12
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Well, Brian England - you just never know when someone you know will have a friend who is planning to move to San Francisco! 

Apr 06, 2019 04:28 PM #13
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Steffy Hristova - Pacific Place is a great spot for easy living in the urban city. How is everything in Tempe? 

Apr 06, 2019 04:30 PM #14
Rainmaker
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Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Hi Lottie, Tempe is very happy with the April weather that does not require heating or cooling! It's so pleasant outside.

Apr 06, 2019 04:39 PM #15
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

A 98 walk score is fantastic, Lottie! Pacific Place in San Francisco sounds like a wonderful place to live. Anyone thinking of moving to your area, definitely needs to reach out to the agent in-the-know - YOU!

Great information - love the map too!

Apr 07, 2019 08:43 PM #16
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Great blog about your area of activity. I need to work on mine.

Have a wonderful day,

Sam Shueh

Apr 08, 2019 09:27 AM #17
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Thanks, Debe Maxwell, CRS - can you tell I'm fond of this area of San Francisco? Everything is so convenient.

Apr 08, 2019 09:42 AM #18
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Good morning Sam Shueh - thanks for your kind words. I have another couple of condo projects I hope to write about soon; each one has its own benefit. I'm looking forward to reading about some of your areas.

Apr 08, 2019 09:43 AM #19
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Lottie Kendall  I can see why pacific-place-is a-favorite-condo-project-in-San-Francisco what a beautiful place and you described so perfectly. Anyone looking for this area should contact you directly to get on a list  as this go very quickly  

May 01, 2019 05:29 PM #20
Rainmaker
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Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hannah Williams - Pacific Place in San Francisco is a great urban oasis. Not many places have an outdoor pool and hot tub, set in a courtyard with palm trees and redwood trees! 

May 01, 2019 06:31 PM #21
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