You know, sometimes maybe it's just better to rent -- a local family attempting to restore their Sunnyside/Glen Parkish area extreme-fixer-upper accidentally slid the house off its foundation and it collapsed into a neighbor's house.

What we find fascinating about this story is not just that the house had previously been posted on local real estate blog Curbed SF as the cheapest house in San Francisco at $399,950, but that the family that snapped up this place, cheerfully described in the listing as:

Major Fixer Upper needs everything. Buyers and agents beware of unstable building, floors, dry-rot and foundations. Enter at your own risk.

the 1 bedroom 870 square foot house by $125,050 (for a purchase price of $525K). That's over 30%!

The purchasers were trying to do all the work on the house themselves, with the goal of putting an in-law unit in the basement in which other family members would live. From SocketSite (another SF real estate blog), here's the owners' permit application for the work, and here's a complaint that someone in the neighborhood filed about the work about two months ago. This is going to make a great Over Your Head episode on HGTV.

Picture from CBS 5.

overbid