Telegraph Hill Condo Market Update
There are some extraordinary condos on the market in Telegraph Hill. 1360 Montgomery is an absolute gem, Built in 1936, it is a fabulous Art Deco period piece with stunning views. You feel like you are in a movie. In fact, this building was the setting for Dark Passages starring Lauren Bacall and Humprhey Bogart. An amazing one bedroom condo, listed for $1.5 million. The Penthouse at 567 Vallejo Street is still available, along with at least one other unit in the building. This 3 bedroom, 3 bath home is very well built, has lovely finishes and two incredibly large decks. Listed for $4,750,000.
Several condos are in contract including two one bedroom condos and two of the fabulous condos at 567 Vallejo.
Recent closes include 1440 Kearney--a real surprise. This condo came onto the market last October for $2,850,000. After several reductions, being on and off the market, it closed escrow last month for $2,200,000, $205,000 above its last sale (April 2004). (see related article)


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