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Photo
Property TypeSingle Family
LocationSan Francisco, California
TitleDefaulted Luxury Condo Renovation Project in Exclusive Residence in Russian Hills San Francisco with Incredible Views
Summary

Defaulted Luxury Condo Renovation in Exclusive Residential Building in Russia Hills in San Francisco
Great Walk Score of 92

Details

1616 SF - 8th Floor - Built 1961
Designed by Famous Architect Stephen Sutro's
Property is a charming and bright north bay-facing 2 bed and 2.5 bath condo nestled in the esteemed Green Hill Tower featuring an exclusive doorman/elevator building situated on a level block in the heart of prime Russian Hill. This residence boasts captivating Southern vistas, directly opposite historic Feusier Octagon House, with stunning views of Nob Hill and elegant turn-of-the-century homes,visible from one of the private decks. Nice picture windows frame serene city vistas flooding the space with natural light and tranquility. Included with this unit is a coveted deeded parking spot equipped with an EV charger, along with a deeded storage unit and additional amenities such as access to a gym.

Note Details

Property was purchased to be rehabbed
Original Loan Amount $2,668,347
Original Interest Rate 13.50%
Default Rate 23.50%
Date of Maturity November 2023
Monthly HOA $2404
Appraised Value $5,800,000 in 2022
Units in building as high as $7,900,000

Current Unpaid Balance$3,256,526.00
Date UpdatedNovember 22, 2024