Current:Home > MyRobert Brown|This San Francisco home is priced at a low $488K, but there's a catch -Momentum Wealth Path
Robert Brown|This San Francisco home is priced at a low $488K, but there's a catch
Indexbit Exchange View
Date:2025-04-08 19:22:15
A house is Robert Brownfor sale in San Francisco at a price some residents may find shockingly low considering the costly Golden Gate City housing market.
The 3 bed, 2 bath home at 30 North View Court in the city's Russian Hill neighborhood is up for $488,000, according to a listing posted on Zillow.
But there's one catch: The new owner may not be able to move in until 2053.
According to the listing, the single-family home is currently tenant-occupied and to be sold as is. It's described as an "investment opportunity for just the right buyer."
"Current tenant claims SF City- tenant protection class- status," it continues. "Tenant's current lease appears to grant tenants strong long term rent rate amount restrictions, unconventional method of rental payment, and possible occupancy rights until 2053."
The listing does not clarify what the unconventional method is.
Park North Real Estate listed the house on the website June 6. USA TODAY has reached out to Park North Real Estate.
Buying power shrinks more:Report says Americans may struggle for another five years
Current tenant may live there until 2053 and continue to pay same rate
Under an agreement, the listing reades, the current tenant can possibly continue to live there until 2053 and pay the same amount of rent each month − just under $417.
It goes on to say, the tenant will also also pay their own garbage, water and electricity bills.
Should I go into debt to fix up my home?High interest rates put owners in a bind
Nearly 30,000 views in 13 days
As of Friday morning Pacific Time, the listing had been on the market for 13 days and garnered nearly 30,000 views.
The 1,100 square-foot home, built in 1924, is on a "cute" cul-de-sac. It includes a driveway, garage and fenced-in backyard, the listing reads.
Disclaimer: Former owner, 'over 100 years old,' died in home
Another catch? The listing ends with the following disclaimer:
"Seller hereby reserves the right to reject, counter and/or accept any offer... Former male owner, over 100 years old died by natural cause in home."
Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at [email protected] and follow her on X @nataliealund.
veryGood! (58496)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Have a $2 bill hanging around? It could be worth thousands of dollars
- What is compassion fatigue? Experts say taking care of others can hurt your mental health.
- An estimated 290 residences damaged by flooding from lake dammed by Alaska glacier, officials say
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Tyreek Hill criticizes Noah Lyles, says he would beat Olympian in a race
- CAS won't reconsider ruling that effectively stripped Jordan Chiles of bronze medal
- Jarren Duran suspended 2 games by Red Sox for shouting homophobic slur at fan who heckled him
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Body of missing woman recovered at Grand Canyon marks 3rd park death in 1 week
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Scott Peterson Breaks Silence on “Horrible” Affair Before Wife Laci Peterson’s Murder
- Federal officials investigating natural gas explosion in Maryland that killed 2
- Takeaways from AP’s story on Alabama’s ecologically important Mobile-Tensaw Delta and its watershed
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Ferguson police to release body camera footage of protest where officer was badly hurt
- The Golden Bachelorette: Meet Joan Vassos' Contestants—Including Kelsey Anderson's Dad
- Pokémon Voice Actor Rachael Lillis Dead at 46
Recommendation
Tom Holland's New Venture Revealed
An earthquake with a magnitude of 4.6 has struck the Los Angeles area, the USGS says
NYC man charged with hate crime after police say he yelled ‘Free Palestine’ and stabbed a Jewish man
Pokémon Voice Actor Rachael Lillis Dead at 46
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Katie Holmes Makes Rare Comments on Bond With 18-Year-Old Daughter Suri
Hoda Kotb tearfully reflects on motherhood during 60th birthday bash on 'Today' show
Prosecutors won’t charge officers who killed armed student outside Wisconsin school