San Francisco, CA, October 17, 2016 – Jennifer Burden and Carren Shagley of the Shagley Team at Zephyr Real Estate have just listed 40 – 44 Kate Street. This comprises three separate properties, all in one building, in San Francisco’s eclectic SoMA district.
The building was converted in 1989 from a warehouse into live/work condos, a new concept at that time. The South of Market district was an emerging art scene community, and the City wanted to stimulate that trend. Since many artists were living in their workspaces, the live/work category was developed. Often compared to the SoHo area of Manhattan, artists continued to migrate here.
Each of the condos, 40, 42 and 44 Kate Street, has a private street entrance and garage. They are side-by-side with no neighbors above or below. They are one-bedroom, one-bath units with a loft/den area that is spacious with its 25-foot ceilings and huge skylight. The main level consists of an open living/dining area and kitchen. The upper level has a loft with an enclosed bedroom, full bathroom and a laundry closet. The units are not under rent control as they were built in 1989.
SOMA has continued to evolve and is now a highly-desirable neighborhood. The legacy remains as the artist’s loft style (live/work) in this area are no longer being built so they are becoming more rare and greatly valued. The abundance of light, space, and privacy is a true treasure. Plans are afoot to develop 975 Bryant Street, which includes making Kate Street into a living alley, combining the old and new in a natural and seamless amalgam. The area is home to many galleries, bookstores, trendy bars, and some of the City’s most celebrated dining and entertainment destinations.
This is an excellent opportunity to be part of the exciting SOMA neighborhood and enjoy a solid investment.
The combined properties are listed at $3,125,000, or individually at $1,049,000. To check open house dates or schedule an appointment, contact Jennifer Burden at [email protected] or 415.871.3885.
About Zephyr Real Estate
Founded in 1978, Zephyr Real Estate is San Francisco’s largest independent real estate firm with nearly $2.3 billion in gross sales and a current roster of more than 300 full-time agents. Zephyr’s highly-visited website has earned two web design awards, including the prestigious Interactive Media Award. Zephyr Real Estate is a member of the international relocation network, Leading Real Estate Companies of the World; the luxury real estate network, Who’s Who in Luxury Real Estate; global luxury affiliate, Mayfair International; and local luxury marketing association, the Luxury Marketing Council of San Francisco. Zephyr has six offices in San Francisco, a brand new office in Greenbrae, and two brokerage affiliates in Sonoma County, all strategically positioned to serve a large customer base throughout the San Francisco Bay Area. For more information, visit www.ZephyrRE.com.