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!
The 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.