A couple of notable price-checks today to make you more depressed about the real estate market: A spacious Russian Hill condo has come back on the market with a small price cut, down $500,000 from $5.995 million to $5.495 million; and the units now available for rent at Market and 15th Streets are super tiny and expensive.
Let's start with San Francisco's 22nd most expensive home currently on the market, according to Curbed. It's unit #1003 at The Royal Towers, 1750 Taylor Street. It's been on the market for a while, first appearing in June at that price just shy of $6 million. It's a double unit, combining two corner units and therefore featuring 180-degree (or more) views of the city, and it has three bedrooms. I'll just say that if by some bizarre blip in the space-time continuum I came into $5.5 million, I would want more than the measly, teensy bit of counter space in that kitchen.
Next we have the far more disappointing flats hitting the market at the new development at Market and 15th, which as Curbed reports are some of the smallest around. Starting at $2,903/month for a lower-floor, the smaller of the one-bedrooms has a teeny 10' x 10' bedroom and 13' x 13' living room, and basically non-existent kitchens that double as hallways. That's just 509 square feet. There's also a 505-square-foot one-bedroom going for $3,514. For the privilege of living in the Castro, someone will still probably take it. The larger 2-bedroom units are only 854 square feet, and those will cost you $5,470/month.
I can hear you sighing.