Hi--Here's a quick breakdown to answer your question:

Two condos have sold on Vallejo in Russian Hill since January. A 1BR/1BA with parking for $587,250 (1970s building), and a 2BR/2BA in a contemporary building with one-car tandem parking for $790,000.

On the TIC front, eight TIC interests have sold since January. All were two-bedroom units. Average sale price was $659,375.

Hope this is helpful.

Which part of Vallejo is also a big factor in valuation. Vallejo on the eastern side of Russian Hill is more often than not cheaper than the western side (proximity to Polk St and view of GGB vs. Bay Bridge). Vallejo at Van Ness is less desirable than Vallejo at Larkin for many. There are a lot of variations of the above.

What type of building is also a big factor. Condo in a 2-unit building vs. a TIC in a 7+ unit building is going to have a huge value swing. Lots to factor in, and so there's really no substitute for getting out and looking at a TON of open houses, as well as having an Agent who knows the area, and can also look at past sales prices.

If you'd like to run block specific searches enter your criteria at Automated-HomeFinder.com with specifics in the "Comments" section. Or try map searching at http://www.sf-mls-search.com/welcome.html

The answer depends on the size your're talking about. A 1 bedroom averages about $700K, a 2 bedroom more like $1M. Add in views and the numbers rise. If you'd like to give me more details, I can be more specific.

Shaban Shakoori
TRI Coldwell Banker, SF's #1 Office

Revals,

In order to give you an appropriate response we'd need to know more. Are you asking for an average price per sq ft or average sale price? If you want sale price it would make more sense to know BR's, BA's, parking, etc..., because there is obviously going to be a huge difference between a 1 BR and a much larger unit. You also said, "apartment." Do you want to know about TICs as well or just condos?

Regards,

Lance King/Managing Broker
415.722.5549
lance@fixedrateproperties.com