‘Worst House on Best Block' of San Francisco Sells for $2M

1/15/2022 10:44:00 PM

‘Worst House on Best Block' of San Francisco Sells for $2M

Bay Area Housing Market, Housing Market

‘Worst House on Best Block' of San Francisco Sells for $2M

A decaying, 122-year-old property marketed as “the worst house on the best block” of San Francisco has sold for nearly $2 million.

At auction, a probate judge set bidding at $10,000 increments.“That kept things low and kept five to six bidders in the game,” Wiley said. Two people ultimately went neck and neck, he said, “and it’s that auction environment that led it to go where it was.”

“They really wanted it but the data point didn’t support that sale. It was an anomaly,” he said.

Read more: NBC Los Angeles »

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This is insanity. On this day accross the rest of the country... Have an awesome night! Overpriced

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4 million, and a probate judge ratified the offer, setting off a roughly 7-week process where the house stayed on the real estate market, generating intense interest. At auction, a probate judge set bidding at $10,000 increments. "I think a lot of people, like some members of the Board [of Supervisors], like Boudin, did not grow up in poverty in San Francisco," she said. “That kept things low and kept five to six bidders in the game,” Wiley said. Daly, the San Francisco Fed’s president and CEO. Two people ultimately went neck and neck, he said, “and it’s that auction environment that led it to go where it was. They have a theory as to what they believe based on their ideology.” “They really wanted it but the data point didn’t support that sale. Somewhat shockingly, this is the first time since 1998 that both teams are in the playoffs in the same season.

It was an anomaly,” he said. They are not Black people who’ve had these unfortunately traumatizing experiences in communities where there’s not trust with the police, but also there’s a desire to be safe, right? And I’ve worked many of my years of growing up in this community to really turn that around because of the violence. It is a privilege to be able to participate in the process, to represent perspectives from our industry and to ensure the voices of working people are included at the table. Copyright AP - Associated Press .