San Francisco home with Hollywood fame and an infamous architect hits market at $2.4 million
Showcasing famous views, a famous facade, and a famous architect, San Francisco’s 2164 Hyde St., No. 202, is currently on the market for $2.4 million, as reported recently in the San Francisco Gate.
The co-op tower actually goes back to 1915 and was designed by architect T. Paterson Ross, who helped rebuild San Francisco after it had an earthquake and fire in 1906. During his career, Ross was a prolific producer of buildings with notable buildings including the United Sheet Metal Works and the Union League Club.
Working alongside engineer William Chipman, Ross envisioned the building as a unique residence that would be among the first “community homes” on the West Coast. Today, those homes are considered co-ops. According to official marketing materials, 2164 Hyde originally featured a ballroom, which is now an apartment, and staff quarters.
The facade of the historic co-op, with eaves and cascading columns of bay windows, is recognizable to longtime San Francisco residents. Its celebrity is more than local, however, as the building guest stars in the 1947 film noir classic “Dark Passage,” standing in the background as Humphrey Bogart exits a cable car.
Unit 202 is 1,950 square feet with two bedrooms, two bathrooms, a “bonus room, ideal for working out, home office, or art studio,” per the listing. The unit’s many windows face great views of Coit Tower, the city skyline, and the bay beyond. It also includes a glass-enclosed sunroom.
Even with the carved hearth, built-ins, and moldings, No. 202 also has modern amenities. The kitchen and bathrooms have been updated and the building has an elevator and parking with EV charging stations.
While the price tag doesn’t buy the property, it does buy stock in said property, like buying a share of a corporate stock, only in this case that stock grants you exclusive use to a portion of the building.
“Exclusive” in this case means stockholders can make rules, regulations and restrictions as they desire. It’s not uncommon for a prospective co-op buyer to face multiple interviews with a co-op’s directorial board before winning approval to buy into a building.
“One of the big differences between a co-op and other forms of ownership is the requirement to be approved by a board of directors,” said co-listing agent Carol Solfanelli of Compass. “While the approval is normally given, there is no guarantee. One of the more famous cases where a buyer was not approved was in 1985 when a 26-year-old Madonna was refused by the co-op board of the San Remo on Central Park West where she was seeking to buy a $1.2 million apartment.”
On the other hand, 2164 Hyde’s board of directors appears less extreme. “There are some restrictions like with condos limiting the number of pets (one pet per apartment is allowed in this building) and some restrictions on leasing units,” co-listing agent Joan Maze Miles, also of Compass, told SFGATE.
The homeowners association fee, which is $2,398 per month, covers an on-site live-in manager, insurance, water, heat, and interior and exterior maintenance of the common areas, including the electric vehicle chargers for every parking space.
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