Potrero Hill Shack (or the land that is there) is selling $ 2.5 million in the market



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A literal shack on Potrero Hill has joined the annals of ridiculous real estate listings that make the headlines of sensationalism. The property is an obvious demolition – a ruined shack that was abandoned a decade ago – but the property has the right to build a four-story and two-unit building, and it already has a demolition permit.

As you can see on the list, there is no evidence of the hut itself or what the property looks like. On the site, there are only architectural representations of a potential home and photographs of the actual view taken from the roof of the existing hut.

ABC's Lim Lim 7 went to the Carolina address 863 to have a view of the cabin itself and to give the TV channel an evening segment to categorize under "The real estate in San Francisco is crazy!" There is also a drone view.

These stories are largely for the benefit of newcomers and the uninitiated on the internet, of course, as many of you will remember similar stories dating back several years.

There was this hut on the Great Road that sold $ 1.2 million four years ago in March 2015, or $ 400,000 on the asking price of $ 799,000.

A demolition of Dolores Heights at 3669 21st Street hit the market with no interior photos for $ 7 million in June 2017. This "distressed" property is sold for $ 6.5 million.

There was this burnt ruin at Bernal Heights that increased by $ 800,000 in October 2017. (A steal!)

And a month earlier, in September 2017, we proceeded to the demolition of Ingleside Heights, which increased by $ 1.4 million. He sold to ask for three months later.

Until the extraterrestrials land and declare the bay area of ​​their headquarters, or that San Francisco does not throw itself into the ocean, there will be more stories like this on squares of land that sell for millions. Because it is our reality. Nothing to see here.

Top photo of Marten Newhall on Unsplash

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