Cheryl Bower, Realtor, GRI, ABR

"S.F. Multi-unit Specialist"
  • I'm a:
  • Real Estate Professional
  • Company:
  • Zephyr Real Estate
  • Location:
  • Web sites:
  •  
  •  
  • Phone:
  • (415) 999-3450
Cheryl Bower, Realtor, GRI, ABR,  in San Francisco, CA
  • 35 Answers
  • 2 Best Answers
  • 8 First Answers
  • 7 Useful Answers
Flag Report this profile
 
About Me
As a third generation San Franciscan, Cheryl feels fortunate to have been raised in such a diverse, exciting city as San Francisco. Her fascination with real estate started at a young age. By her early twenties she had purchased her first home and learned first hand the rewards of sweat equity.

A subsequent purchase was a five unit property in the Sunnyside where she quickly became engrossed with San Francisco's complicated and ever changing rent control laws from a property owner perspective. This experience has proven invaluable not only for the successful management of her property but for her investor clients who rely on her vast rental experience to help them successfully fill their vacant units with well qualified tenants. The systems she's been consistently using for the past 10+ years has resulted in a track record of zero evictions!

Cheryl enjoys working with a variety of clients ranging from investors to commercial clients to first time home buyers. She firmly believes in the tremendous benefits of owning real estate including the tax incentives, the gradual building of wealth and the satisfaction of being a property owner.

She takes pride in helping clients navigate through the sale or purchase of a property, negotiating the best price and terms, as well as ensuring that all the details will be smoothly handled.

In her free time, Cheryl enjoys raising orchids, hiking with her dogs, renovating her Spanish Revival home, and enjoying the fantastic restaurants available in San Francisco and on the Peninsula.


Education:

BS Environmental Studies, Sonoma State University 1999

Graduate, Realtor Institute (GRI) 2008

Accredited Buyers Representative (ABR) 2008



Affiliations:

• San Mateo Association of Realtors

• San Francisco Association of Realtors

• California Association of Realtors

• National Association of Realtors

• Women's Council of Realtors

• Real Estate Buyer's Agent Council

• San Francisco Small Property Owners Association

Contributor/Volunteer:

• Neighborhood Emergency Response Team-S.F.

• Surfrider Foundation-San Mateo Chapter

• Sustainable San Mateo

• Northern California Solar Association

CA Department of Real Estate License #01505551
Testimonials
"As first time home buyers, it was a relief to work with Cheryl who was patient and thoroughly answered all of our many questions. She has excellent suggestions about how to maximize a home's potential and she helped us to visualize the possibilities for home improvement with a limited budget. We would highly recommend Cheryl to anybody looking to buy or sell their home. —Lisa C. & Jeff F. Buyer Santa Clara"
Lisa C. & Jeff. F. Tue Apr 25, 2006
"I would like to commend Ms. Cheryl Bower for her excellent service during the sale of my property at 1730 Sanchez Street, San Francisco. Ms. Bower was informative, professional and helpful every step of the way. I was not experienced in property sales and found myself relying on her heavily. My trust was not misplaced. She handled the sale and property transfer smoothly and efficiently. I would certainly recommend Ms. Bower without reservation. —Sue B. Seller San Francisco"
Sue B. Fri Sep 1, 2006
"Dear Cheryl, I understand that escrow is closed and we are now the proud owners of an office building in San Francisco. I have to admit over the course of the last six+ months, I was hopefully optimistic that we would be able to find a suitable space. However, after several attempts at offers that were not accepted, my hope began to fade and I think I would have gone into a passive position if it hadn't been for your constant dedication and outstanding service. Your tenacious searching for properties was never exhausted and you were always ready with solutions to any roadblocks that crossed our paths. You graciously offer an outstanding portfolio of services to your clients. I am so happy that whenever we need real estate assistance, you'll be there to help us. On behalf of my entire company, thank you, thank you, thank you. Everyone is very happy this process is complete."
Ron J. Fri Aug 4, 2006
My Q&A View all >>
Cheryl Bower,…'s Questions (0)
Cheryl Bower,…'s Answers (35)
Cheryl Bower, Realtor, GRI, ABR answered:
Hi Blake,

Since you mention modest income, I recommend Glen Park. It's just south of Noe Valley and the rents tend to be a little lower. Parking is also easier. Glen Park has great restaurants, coffee shops, & an organic grocery store to name a few features. There is also great access to freeways 280/101 & Glen Park BART.

The Sunnyside & Mission Terrace are adjacent to Glen Park that you may want to consider as well.

Craigslist is a great resource to check for rentals and you can search by neighborhoods. The neighborhoods mentioned by the Binnings Team are great but most of them are going to be at the very high end of the rental spectrum. You can get a sense of pricing through Craigslist.

http://en.wikipedia.org/wiki/Glen_Park,_San_Francisco,_California

Welcome to San Francisco!! It's a fantastic city! - Fri Nov 14 2008, 08:44
Cheryl Bower, Realtor, GRI, ABR answered:
Hi Marianne,

The USGS is a great resource. Here is a link to liquifaction maps:

http://earthquake.usgs.gov/regional/nca/qmap/

Also, there will be an environmental report that a seller provides which will indicate if the property is in a liquifaction zone as well as the level of seismic hazard risk. - Sun Nov 9 2008, 10:42

are these units rented now? if so what income do they provide? thanks

Cheryl Bower, Realtor, GRI, ABR answered:
Hi Mitzy,

The MLS indicates the 3 units are owner occupied & will be delivered vacant- a good thing if you're looking for investment property since the units can be rented at market rates.

SF still has a strong rental market, especially if one is renting pet-friendly units since these typically are in short supply. I own a multi-unit SF property and also help clients lease their vacant units. I'm happy to answer any questions you might have about the rental market or S.F. investment property.

Cheryl A. Bower
Realtor , GRI, ABR
Cell 415.999.3450

Cheryl@cbower.com http://www.cbower.com - Tue Oct 21 2008, 16:51

How many homes sold in the last 2 weeks?

Cheryl Bower, Realtor, GRI, ABR answered:
Hi Michael,

To get the best sense of market conditions, the ideal is to determine this data by specific neighborhood. S.F. still has hot pocket areas where there is little inventory and pent up demand resulting in properties that are receiving multiple offers.

To illustrate this demand, I recently received 25 offers on a Parkside listing after 10 days on market. If you’re located in one of S.F.’s several desirable neighborhoods (IE: Noe Valley, Bernal, Inner Sunset), & your property shows well and is competitively priced, it will sell!

Typically, to determine sales activity & inventory levels we look at the current actives, which for districts 1-9 is 466 for single family homes and the number of pending properties (an offer is in place and contingencies have been removed) which is at 114.

The actives divided by the pending yields the amount of inventory which is about 4 months of inventory. This is the period of time that it would take to sell the current inventory assuming no new units hit the market. Six months of inventory represents a balanced market, less than 6 months represents a sellers’ market and more than 6 is a buyer’s market.

There were 111 closed sales in the last 4 weeks.

To specifically answer your question: Since 9/25 there were 106 new listings and 54 sold listings.

It’s really hard to know how many new listings will hit the market in the next few weeks. I’m happy to provide data for your specific neighborhood and property. - Thu Oct 9 2008, 08:59
Cheryl Bower, Realtor, GRI, ABR answered:
Hi Beth,

Your approach really depends on your goals. Are you looking for better cash flow &/or easier management responsibilities?

If you’re looking to get out of the landlord business or landlording in rent controlled S.F., you may want to sell the income property and exchange into another investment property that is not in a rent controlled area. The alternate if you don’t complete a 1031 exchange is to pay the capital gains tax.

Is the single family home also a rental? If so, there are fewer rent control related restrictions on a single family property than a multi-unit property making a tenant occupied SFH easier in general to sell than a multi-unit.

Location of each property is also an important factor.

I’ve owned and managed a multi-unit property in S.F. for 12+ years. I’m happy to answer any further questions you may have.


Cell 415.999.3450
Cheryl@cbower.com - Tue Oct 7 2008, 14:35
My Listings
286 Monterey Blvd, San Francisco, CA 94131 286 Monterey…
$880,000
  3.0 ba  
1632 Pacheco St, San Francisco, CA 94116 1632 Pacheco…
$785,000
3 br  1.0 ba  
116 Cayuga Ave, San Francisco, CA 94112 116 Cayuga…
$1,045,000
3 br  3 ba  
View all 3 listings
Specialties
Multi-unit properties, 1031 exchange, small commercial properties, S.F. & Peninsula residential leasing, eco-friendly renovation products, Burlingame homes, San Mateo Park homes, San Francisco real estate
Experience
Latest:
Realtor® for Cashin Company Realtors
June 2005—present
Previous:
Multi-unit property owner for Monterey Properties
Owner/manager of a pet-friendly multi-unit property in San Francisco.
October 1997—present
Certifications & Awards
GRI designation (Graduate of Realtor Institute)
BS Environmental Studies-Sonoma State University
Interests
walking my dogs, enjoying the great eats in San Francisco, raising orchids, never tiring of our fantastic Bay Area lifestyle even though I'm a S.F. native
View Cheryl Bower, Realtor,...'s...

Cheryl Bower, Realtor,... is a member of Trulia Voices:

Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.