300 Beale #408 is open this weekend. Listed for $1,350,000, this is an exceptionally large one-bedroom with den plus one-and-a-half-baths. It is open Saturday 1-3 and Sunday 2-4.
The Embarcadero Lofts at 300 Beale has very little turnover. Out of the 53 units in the building, only 3 have sold in the past year.
The homes here are keepers for many reasons. Here are just a few:
Upside: There is more new construction going on in this neighborhood than any other in the City right now. New luxury high rises abound, like the Lumina project just across the street.
Proximity: 300 Beale is close by the water in a neighborhood that feels open and spacious in spite of being close to downtown.
Location: You are walking distance to the Financial Center, the Ball Park, the Ferry Building and several fine restaurants. The Bay Bridge on-ramp is one block away. The freeways heading south are just two blocks further.
Investment Opportunity: San Francisco’s current median rent is $4500+. The units in this building would rent for more than that because they run larger than typical one- and two-bedroom floor plans.
Unique: This is the only true adaptive reuse loft building in the immediate area. Listed in the US National Register of Historic Places, it is a former warehouse belonging to the Coffin Redington Company, a wholesale drug company. It was converted to condos in 1999.
Floor Plans: The floor plans are practical, with doors to bedrooms that actually shut. No spiral staircases. No bathrooms on levels different from where you sleep.
Finishings: Unusual polished hardwood floors. Exposed concrete walls. High ceilings. Distinctive mullioned windows.
Elegant street presence: A landscaped courtyard with gated entry makes your guests feel like they have really arrived somewhere. The lobby is large enough to make a statement without being overly-showy.
300 Beale #408 is open Saturday, May 30 from 1-3 and Sunday, May 31 from 2-4— a rare opportunity to see the inside of a special loft building.