The San Francisco Association of Realtors has created a quick and easy link for the general public to find and locate OPEN HOMES in San Francisco. Check it out.
San Francisco properties are subject to a wide variety of ordinances and regulations concerning tenant’s rights, rent controls and evictions, as well as zoning and use issues. Fortunately, we have landlord tenant attorneys and land use attorneys and advisors to help guide us though the ever-changing maze. Over the years, I have had dealings with many of the issues that come up on development of TIC units, unlawful detainer evictions and Owner-Move-In Evictions (OMI), the Ellis Act, and tenant buy outs.
The rental market in San Francisco is very strong and while offerings for investment properties and developmental opportunities can be lucrative, there are many pitfalls. Investors need local, reputable expertise in these areas to define the problems and provide for cost effective solutions. The following are some useful websites that may be helpful to you to navigate through this maze. This list is for informational purposes ONLY and not intended to be used as recommendations. Please call me direct for more specific details.
Landlord – Tenant Attorneys
Evictions – OMI- Ellis Act- Tennant Buy Outs – Land Use Issues
TIC and Condo Conversions
Last April 2008, I attended the Town Hall meeting for Planning and Task Force for the Western SoMa District in San Francisco. The meeting was well attended by property owners, environmentalists, developers, transportations specialists, local residents, and all sorts of indendent groups concerned with the future of the is area.
I was delighted to see the overall changes that will be happening to this area in the near future. The Planning department intends to make this area more user friendly by combining public transportation, wide sidewalks in retail and business areas, and by providing for open space. There will also be new building height and use restritictions on some of the developments in the proposed area. The proposals are challenging to many as there are conflicts of interest between the various enities, but overall, the atmosphere of the neighborhood will be an improvement. Providing for new retail and business opportunites, more community and public transportation options, shops and restaurants will enhance property values.
In past years, many SOMA residents found good value with the convenient City location and the favorable SOMA climate, but were diasppointed with the lack of a “neighborhood friendly” feel that makes many of the San Francisco areas more desirable. The abundance of concrete and steel, with a mish mash of mixed use businesses coupled with an undesirable street element turned many potential buyers away from this area.
The new SOMA plan will provide for investment potential for both homeowners and developers and encourages the feel of a neighborhood as new developments unfold.
Check it out for yourself.