Jung Lennan Group

It's been a busy spring, not only for us as a family, but also in the housing market! 😆

After nearly two years of stagnation due to increasing interest rates, buyers came back with a fury this spring! From off market deals to multiple offers after first open houses, we were able to help our sellers capitalize on the rejuvenation in the market. It did not last long, however, as the hope of decreasing interest rates quickly fizzled and the market (at least certain segments of it) started to cool again. Then we switched gears and were able to get some of our buyers in at great prices!

The takeaway - there is always opportunity if you have the right guidance! It's our job to help with that! 😊🏡

JUST SOLD!

221 Clipper Street, San Francisco
Listed at: $2,450,000
Sold for: $3,450,000

Congrats to our buyers on the purchase of their dream house! Yes... you read that right.... sometimes you literally have to go $1m over asking in this fabulous city of ours (especially when the list price is artificially low to start with and you have to beat out 5 other very fierce buyers who are also fighting tooth and nail for it)!

But there is more to the story... When we say that real estate is hyper localized, we do not mean county by county, city by city. Every neighborhood, property type and price point is a different market, especially in a highly volatile market, like we've experienced in the last year and a half since rates started to increase. That's why it's crucial to have a realtor that knows all the nuances. While the entire market has cooled, the last month saw a surge in competition for single family homes in Districts 5 and 6 in the $2.5-4.5m range. These cash buyers are not affected by the rates and in this segment, we are seeing the 'let's get in before the end of the year' competition that is typical as we approach the holidays. Our buyers missed a few as well before this one, but were finally triumphant!!

JUST SOLD!

52 Agua Way, San Francisco
Listed at: $1,550,000
Sold for: $1,575,000

Congrats to our buyers on this terrific purchase! A remodeled, 3bd/2ba, detached home with landscaped backyard in Miraloma Park would have been MUCH higher before the market shift.. We're so thrilled and excited for them!!

JUST SOLD!

1882-1884 20th Ave, San Francisco
Listed at: $795,000
Sold for: $775,000

The investor market is very challenging these days with rates well over 8%+. Happy for our sellers that this property sold, especially with two very long term tenants, low rents and zero lot line!

1882-1884 20th Ave, San Francisco, CA 94122-4404 MLS #: 423907427, Central Sunset duplex in prime location, one block from Noriega shops and restaurants. The top floor features 1 generous bedroom, 1 charming bathroom with bathtub and separate stall shower, spacious living room with wood burning fireplace, dining room and kitchen. Gorgeous hardwood....

JUST SOLD!

1201 Melville #203, Richmond
Offered at: $575,000
Sold for: $560,000

Congrats to our client on the sale of her condo! We are thrilled for her and the amazing 28% gain she capitalized on in the last three years! We helped her purchase this condo in January 2020 for $439,000. The condo market has dipped a few times since, which makes her strong appreciation that much sweeter!

JUST LISTED!

593-595 33rd Avenue, San Francisco
Listed for: $1,195,000

Spacious pair of 1bd/1ba, full floor flats in coveted and convenient Richmond location. Each flat includes a living room, formal dining room that can be used as a 2nd bedroom, office, nursery or flex space, sunny kitchen, bathroom with shower over tub, generous bedroom with large closet and additional walk in hall closets. Both units feature original hardwood floors. The lower level is tenant occupied at $2700/mo. The upper level is tenant occupied at $1658.43/month. Ground level features two separate, large garages, each accommodating one car, washer/dryer and ample storage. Excellent location, walking distance to shops, restaurants, Golden Gate Park and Ocean Beach. Easy commutes via thoroughfares on Fulton, Geary, Park Presidio and Great Highway. Quick access to Muni bus lines. Wonderful potential in prime Richmond location!

JUST LISTED!

417 Carl St, San Francisco
Offered at: $799,000

OPEN HOUSE: Sunday, 8/20 - 2-4pm

Immaculate, updated, 1bd/1ba flat in prime Cole Valley location, blocks to UCSF. With period Bay windows and full of natural light, this beautiful flat features an open concept kitchen with stainless steel appliances, comfortable living room with space for a dining area, stylishly updated bathroom and generous bedroom with a large closet and additional walk-in hall closet. In unit washer/dryer. Comes with separate storage unit. Conveniently located in the heart of the city, halfway between Cole Valley and Inner Sunset commercial corridors and endless shops and restaurants. Blocks to UCSF, Golden Gate Park and Kezar Stadium. A commuter’s dream, only a 20 minute train ride to the Financial District or connect to all corners of San Francisco and beyond. Beautifully updated flat, perfect for a homeowner, investor, or as a pied a terre!

JUST SOLD!

246 Peoria St, Daly City
Offered at: $1,095,000
Sold for: $1,350,000

Congrats to our sellers!! This was a really fun one. It was one of the most unique properties we've seen in a while with an extra wide lot, expansive decks and an amazing, lush garden. You wouldn't know any of that from the street, so it truly felt like a secret, hidden oasis!

OPEN HOUSE! - Sunday, 8/20 - 2-4pm

349 Philip #301, Daly City
Offered at: $835,000

3bd/2ba with loft flex space - perfect single family home alternative!

Send your clients, friends and anyone looking for their next wonderful home!

Beautifully updated, 3bd/2ba top floor condo in centrally located Village Serramonte. Full of natural light, this spacious two story condo features an open concept kitchen with ample cabinet and counter space, sizable living room with wood burning fireplace, vaulted ceilings and dining area, three generous bedrooms with walk-in closet in the primary suite and two versatile patios. Primary bathroom features a double vanity. Second and third bedrooms share a jack and jill bathroom. Best of all, enjoy the wonderful loft, a perfect flex space that can be used as a fourth bedroom, home office, play area, gym or additional family room. Comes with in unit laundry and 2 car parking, conveniently located right next to the elevator. Amenities include: gated community, tennis court, swimming pool, hot tub, walking trails, rec room and gym. Prime location in the heart of Daly City, minutes to Colma and Serramonte Shopping Centers, Costco, Farmer’s Market, 280 and 101, BART and SamTrans. Perfect for commuters to San Francisco, the Peninsula or Silicon Valley!

JUST SOLD!

1934 31st Avenue, San Francisco
Listed at: $1,295,000
Sold for: $1,510,000

Congrats to our sellers!!! Many of our clients become good friends, but it's always fun to get to work with friends as clients! Thank you for entrusting us with this important family sale!

JUST SOLD!

1350 23rd Ave, San Francisco
Sold for: $1,460,000

Congrats to our buyers on the purchase of their forever home! Their top priority was to be close to Golden Gate Park, but very few homes came on the market on their prime blocks this year. They made a few offers on homes farther out, but always fell short by just a bit. Finally, we heard about this off market opportunity and jumped at the chance! They are now in their top choice location and we couldn’t be more thrilled for them!

JUST SOLD!

170 Pacific #24, San Francisco
Listed at: $1,649,000
Sold for: $1,625,000

Congrats to our sellers!!! This was one of our favorite listings of the year, but challenging nonetheless, given that the downtown condo market has been down since the start of the pandemic. We are thrilled for our sellers and for the buyer who gets to enjoy this special garden oasis!

JUST LISTED!

246 Peoria St, Daly City
Offered at: $1,095,000

Come visit me at the Open House this Sunday, 7/9 - 2-4pm!

Walk into this incredibly unique, one of kind 3bd/2ba single family home and be instantly transported to a magnificent secret garden! With floor to ceiling windows, stunning views, two expansive decks and a lush, mature garden, this very special home on an extra wide lot is not one to be missed! The main level features a spacious living room, formal dining room, open concept updated kitchen, two sizable bedrooms, full bathroom and amazing deck. In its own wing, enjoy the primary suite with full bathroom, charming wood burning stove and direct access to the deck. Gorgeous views from the primary bedroom, living room and dining room. Beautiful wood floors throughout. Best of all, the backyard is a true oasis with a second, oversized deck perfect for entertaining and a lovely garden that has been tended to with loving care. Basement includes washer/dryer, storage and a large bonus room. Garage accommodates one car parking. Convenient location close to shopping, restaurants, 280, 101 and BART. This very special home is truly unlike any other!

JUST SOLD!

3039 Turk Blvd, San Francisco
Listed at: $995,000
Sold for: $955,000

Congrats to our sellers! It is still a challenging market for condos, so we are thrilled to have sold this in 9 days!

3039 Turk Blvd, San Francisco, CA 94118-4157 1 Bedrooms, 1 (1 0) Baths, MLS #: 423744508, Immaculate, remodeled, full floor 1bd/1ba condo in a two unit building in coveted Lone Mountain. Full of natural light, this beautiful flat features a formal living room with wood burning fireplace, open concept kitchen with high end appliances (Bertazzoni...

JUST LISTED!

1934 31st Ave, San Francisco
Offered at: $1,295,000

Gorgeous 3bd/2ba, 1850 sq ft (tax record) home with additional family room and den, in prime Parkside location. The main floor features a spacious living room with wood burning fireplace, dining room and open concept kitchen, 2 sizable bedrooms and 1 retro bathroom with bathtub and separate stall shower. Impeccably maintained hardwood floors and splendid original details complete this bright and beautiful level. The lower floor features a large family room, den, third bedroom, and remodeled bathroom. New floors and second wood burning fireplace make this floor cozy and inviting. Enjoy the deck off the primary bedroom and large backyard, a blank slate for gardening and entertaining. Washer/dryer and 1 car parking in garage, with an additional 2nd parking space in the driveway. Plenty of storage. Unbeatable location, walking distance to groceries, restaurants and shops on Noriega, Taraval and Irving, as well as Stonestown nearby. Enjoy some of the city’s most coveted treasures with Golden Gate Park and Ocean Beach just minutes away. Close to 19th Ave, Sunset Blvd, 280 and Muni for easy commuting. Beautiful home awaits its new owners!

Couldn’t be happier to be part of City Real Estate! Number #36 in the NATION!! 🎉🥂🎊

City Real Estate is honored to be named in the top 1000 in the United States ( #36). Congratulations to every single agent in our team that made this posible!

JUST SOLD!

1895-1897 16th Ave, San Francisco
Listed at: $995,000
Sold for: $1,305,000

Congrats to our sellers! This cute duplex with 1bd/1ba on top, junior 1bd studio below and ocean views from both levels, had packed open houses and 8 offers!

1895-1897 16th Ave, San Francisco, CA 94122-4539 MLS #: 423738992, Rarely available, VACANT duplex on one of the most quintessential San Francisco streets, where Inner Sunset, Inner Parkside and Golden Gate Heights meet. Enjoy stunning ocean views from both levels. The top floor features 1 generous bedroom, 1 charming bathroom with bathtub and sepa...

JUST SOLD!

2108 Sand Dollar Dr, Richmond
Listed at: $699,000
Sold for: $740,000

Congrats to our buyer, repeat client and friend!! Three years ago, she decided to buy her first home, a condo in Point Richmond. Her timing couldn't have been better as she closed in January 2020, and the beautiful Bay views and green walking paths were her haven during the early days of the pandemic. Fast forward three years and she was ready to buy her forever home, a townhouse just across the street! That's how much she fell in love with the area. We are thrilled for her to start her next chapter in her new home!! And stay tuned, as we will be bringing her condo on the market next week!

JUST SOLD!

735-737 Monterey Blvd, San Francisco
Offered at: $1,595,000
Sold for: $1,800,000

Congrats to our sellers! The multi-unit market is a bit challenging these days, but this pair of vacant flats drew a lot of interest!

735-737 Monterey Blvd, San Francisco, CA 94127-2221 MLS #: 423735431, Pair of spacious, VACANT, full floor flats in coveted and convenient Sunnyside location. Top floor has been converted to 3 bedrooms and 2 full baths. Middle floor has been converted to 3 bedrooms and 1 bath. Each flat includes a living room with dining area and updated kitchen with....

JUST LISTED!

3039 Turk Blvd, San Francisco
Offered at: $995,000

Immaculate, remodeled, full floor 1bd/1ba condo in a two unit building in coveted Lone Mountain. Full of natural light, this beautiful flat features a formal living room with wood burning fireplace, open concept kitchen with high end appliances (Bertazzoni, Bosch, Jenn-Air), dining room that opens to a sunny patio perfect for relaxing or grilling, gorgeous bathroom and lovely bedroom. Original hardwood floors and splendid architectural details. Double pane windows throughout. In unit washer/dryer. Comes with 1 car parking and a wonderful bonus room in the garage that can function as a home office, gym or flex space for any of your needs! Lovely shared yard with apple tree, lavender and hydrangea. Conveniently located in the heart of the city, close to USF, Golden Gate Park, the De Young Museum, California Academy of Sciences, Clement Street, Koret Center and Rossi Park. Beautifully updated condo, perfect for homeowner, investor, or as a pied a terre!

JUST SOLD!

1 Daniel Burnham #217, San Francisco
Listed at: $695,000
Sold for: $695,000

Congrats to our sellers!!! We are so pleased to have sold this at full list price. The Bay Area market has been coming down for quite some time now and though single family homes are now on the rise, the condo market is still lagging. Most condos are selling anywhere from slightly below asking to well below. We are so happy for our sellers that they got full list price!

JUST LISTED!

170 Pacific Ave #24, San Francisco
Offered at: $1,649,000

Oasis in the city! In the heart of the Financial District, yet with a beautifully landscaped courtyard that is tended year round, Golden Gate Commons is one of the rarest and most coveted buildings in the city. Elegantly renovated, this 2bd/2ba condo is a one floor unit, ideal for both working from home & walking to all things San Francisco. With a large open floor plan, it features a spacious living room with wood burning fireplace, dining area & upgraded kitchen with marble counters, S/S appliances, SubZero fridge, Viking stove & Bosch dishwasher. The primary suite features a luxurious spa bath with heated floors, Bain Ultra air jet tub, double vanity & generous walk in closet. The 2nd bd is versatile with a stylish built in desk and Jack and Jill bath. Best of all, enjoy indoor/outdoor living all year with access to the incredible private patio from the LR and primary suite. Additional features: Sonos ceiling speakers, in unit W/D, 1 car pk & convenient guest pk in a secure garage. A true oasis, bask in the tranquility of the interior gardens and Walton Park, the ‘front yard’ of 170 Pacific. Unparalleled location, walkable to FiDi, the Embarcadero, the Ferry Building, groceries, world class restaurants & the Bay Club. This very special home is one you won’t want to miss!

170 Pacific #24 Oasis in the city! In the heart of the Financial District, yet with a beautifully landscaped courtyard that is tended year round, Golden Gate Commons is one of the rarest and most coveted buildings in the city. Elegantly renovated, this 2bd/2ba condo is a one floor unit, ideal for both working from....

Sneak Peek! 👀

We're so excited to bring our newest listing to market this week!

Big things are happening at City Real Estate!!! 🎉👏🎊

We are now the second-largest independently owned real estate company in San Francisco!!!

We are proud to announce our merger with fellow residential real estate company, Polaris Realty, to form the second-largest independently owned real estate company in San Francisco. We will continue to retain City Real Estate's name and will continue to operate out of City Real Estate's flagship office on Divisadero Street.

City Real Estate will continue to provide the same exceptional service, now with greatly expanded resources for our agents and greater reach for our clients thanks to the added firepower of the wonderful team coming over from Polaris. We are incredibly excited to work with Ron Abta and his team to help even more buyers and sellers in the Bay Area achieve their real estate objectives.

Welcome to City Real Estate, Polaris Realty

JUST LISTED!

1 Daniel Burnham Ct #217, San Francisco
Listed for: $695,000

Immaculate, remodeled, 1bd/1ba condo in impeccably maintained Daniel Burnham Court. Full of natural light, this beautiful condo features an open concept kitchen with stainless steel appliances, sunny patio, comfortable living room with dining area, spacious bathroom and cozy bedroom. Comes with 1 car parking. Amenities include: 24 hour security, swimming pool with gorgeous city views, hot tub, sauna and gym. Conveniently located in the heart of the city, close to Polk Street, Hayes Valley, Pacific Heights, the Marina, and Downtown. Prime location, across from the new California Pacific Medical Center and easy access to public transportation. Close to Muni, BART and freeways. Beautifully updated condo, perfect for homeowner, investor, or as a pied a terre!

1 Daniel Burnham Ct #217 Immaculate, remodeled, 1bd/1ba condo in impeccably maintained Daniel Burnham Court. Full of natural light, this beautiful, corner condo features an open concept kitchen with stainless steel appliances, sunny patio, comfortable living room with dining area, spacious bathroom and cozy bedroom. Comes w...

JUST SOLD!

311 2nd St #504, Oakland
Listed at: $799,000 (Originally $929,000)
Sold for: $785,000

Congrats to our buyers on this amazing deal!!! With comps for 2bd/2ba condos in the building selling as high as $1,110,000 and originally listed at $929,000, we closed for $785,000!!! 🥳

The deals are still out there, but they will not last forever...

"HESITATION IS THE DEATH OF ADVANTAGE."

JUST SOLD!

1909 Alemany Blvd, San Francisco

A HUGE Congrats to some very special buyers!!!! 🥳🎉❤️🎊 We are soo thrilled for you and absolutely cannot wait to see the life you create in your new home!!!

A big thanks to George Lee, lender extraordinaire and the best of the best! He was ready to close this one early in just 16 days, even with the holidays!

The market is starting to pick back up. We had to compete with 7 other parties on this one. If you're waiting for the interest rate to drop and the stock market to come back up, so is everyone else.. Don't wait too long or these deals will be a thing of the past!

JUST SOLD!

1419 33rd Ave, San Francisco
Listed at: $1,488,000
Sold for: $1,775,000

Congrats to our buyer on her new house and what might be the trade up of the year! We first met our wonderful client in 2017, when we helped her purchase her last home, a 970 sq ft single family in the Richmond district. Sensing that there was an opportunity, we preempted it over Thanksgiving that year for $1,115,000. After our offer came in, they received two higher offers, but the seller had already accepted ours. 🥳 Fast forward to this year, we helped our client sell that very same 970 sq ft home for $1,700,000 in April, and purchase her new home, this lovely, 1973 sq ft home for $1,775,000! Literally twice the size for $75,000 more! 🎉🎊

Moral of the story - if you have been considering buying, but haven't because you cannot yet afford your dream home, don't sweat it. Don't let that stop you. Instead, buy what you can, when you can. Use your first purchase as a stepping stone. Let the market (and us!) do the work for you. Your next purchase will always be easier because you already have your down payment, equity and appreciation to roll into it!

JUST SOLD!

7104 Shelter Creek, San Bruno
Listed at: $528,000
Sold for: $537,000

Congrats to our sellers! It's a tough time to sell a condo. There were 5 1bd condos for sale in the complex while we were on the market, a few of which still haven't sold. So happy for our clients that this one did!

7104 Shelter Creek Ln, San Bruno, CA 94066 1 Bedrooms, 1 (1 0) Baths, MLS #: 422678757, Beautifully updated, pristine 1bd/1ba, 1st floor condo, in gorgeously lush Shelter Creek. Spacious open floor concept with living room, dining area & kitchen with newer stainless steel appliances. Bright bedroom with sizable walk-in closet & 2 additional c...

There is honestly nothing I love more than a deal, so this stat made me particularly happy.. 😍

From 1/1/22-9/14/22, there were 342 homes sold in District 2 in San Francisco (Inner Sunset/Parkside to Outer Sunset/Parkside). Of those 342, only 12 homes sold for $1,230,000 or less. That's less than 4%. Of those 12, we represented the buyer in 2 of them or 17%, (the only agents to represent more than 1 of these relatively bargain priced sales). Rarely do buyers get a "deal" in San Francisco, but when those rare moments come, we will make sure our clients benefit!