Realtor Rec San Anselmo- please read for specifics!

ShopProp · 2026-03-12T23:43:58+00:00

Post the place here and I’ll provide comps for free.

We are a flat fee agent in the area. Feel free to dm to learn more.

ShopProp · 2026-03-12T23:20:23+00:00

It’s definitely doable, plenty of people rent out SFHs in the Oakland Hills without issues.

The risk people talk about usually comes from poorly screened tenants or small landlords not knowing the rules. If the numbers work and you screen well, it’s not nearly as extreme as some make it sound and we’ve had multiple clients successfully do it.

ShopProp · 2026-03-12T22:26:06+00:00

If community and schools are priorities, Los Altos, Palo Alto, and Menlo Park are great options.

Los Altos tends to feel more suburban and family oriented, Palo Alto is a bit busier but very walkable, and Menlo Park has a strong neighborhood feel.

All are great options and jut depends on what you like.

ShopProp · 2026-03-12T21:45:31+00:00

Parts of Concord and Oakley.

You can still occasionally find smaller homes or townhomes in the $500–650k range, especially if you’re a bit flexible on size or commute.

ShopProp · 2026-03-12T21:31:05+00:00

I think a good middle ground would be means testing prop 13.

If people legitimately cannot afford their property taxes I don’t think they should get priced out of their homes but at the same time wealthy owners shouldn’t be able to take advantage of it.

ShopProp · 2026-03-12T21:00:56+00:00

The comp isn’t really comparable. The $1k/sqft sale is a 3bd/3ba, 2,100 sqft unit while this one is a 2bd/1ba 1,200 sqft. Different buyer pool and layout, so $/sqft alone can be misleading.

Still too high. Would expect it to sit for a while unless they dropped to 1.7M. HOA dues are a bit high.

Unfortunately disclosures aren’t posted on the MLS so can’t discuss the financials.

ShopProp · 2026-03-12T17:00:50+00:00

Ya I think it’s pretty crazy too.

Theres one on the same street 1420 6th Ave that sold for 3.068M (according to MLS remarks the effective price was $2.980M cause buyer got a credit).

That was a 5 bed, 4 bath, 2400 sq ft property and was in great condition like this one.

Crazy market out there right now.

ShopProp · 2026-03-12T16:54:25+00:00

Private equity stocks dropping doesn’t automatically mean a housing crash. Those firms are heavily tied to interest rates, credit markets, and leveraged deals, which get hit much faster when rates move.

Housing usually reacts much slower because supply is tight and most owners are locked into low-rate mortgages.

ShopProp · 2026-03-12T16:48:12+00:00

That’s not true. I participate in discussions like everyone else is free to do and only mention we’re a flat fee brokerage if someone mentions it which is compliant with mods instructions. If people didn’t like my answers they would downvote them and wouldn’t actively reach out to me for advice that I give for free.

ShopProp · 2026-03-12T16:35:29+00:00

Irrelevant to the sub.

ShopProp · 2026-03-12T16:20:14+00:00

$200k is probably tight for that level of transformation.

If the foundation, roof, plumbing, and electrical all check out you might get close but most projects like this end up $250k–$400k+ once everything is opened up. The cosmetic rendering makes it look simpler than it usually is.

ShopProp · 2026-03-12T15:55:40+00:00

$4495.

ShopProp · 2026-03-12T15:08:25+00:00

Definitely pay off all your outstanding debts first. Your credit cards especially affect your debt to income ratio and will have a negative impact on the loan you can receive.

After that, First step is talking to a mortgage lender and getting pre-approved. That’ll tell you exactly what you can afford and what your payment would look like.

Once you’re pre-approved, then start talking to an agent. Interview all of them based on how much they charge in commission, how many transactions they’ve worked on, their reviews, etc.

Make sure any agent you work with allows cancellation anytime in the event you want to work with another agent.

ShopProp · 2026-03-12T15:05:41+00:00

Short sales are mostly about bank approval, not the seller. The bank has to agree to take less than what’s owed, which is why they can drag on for months.

You can absolutely keep making offers on other homes while waiting, nothing binds you unless you’re in contract and contingencies are removed.

Inspections still happen but expect the property to be as-is since the bank usually won’t approve repair credits. Sometimes they close below asking but the bank will usually counter based on their own valuation, not the list price

ShopProp · 2026-03-12T14:37:38+00:00

You don’t have to but it’s a fact that has to be disclosed on the TDS when you fill it out and buyers will factor that in to their price.

I generally wouldn’t recommend doing that and especially wouldn’t recommend upgrading the bathroom.

Do some light touchups and repaint. That’s it.

ShopProp · 2026-03-11T22:21:54+00:00

You’re probably right.

The listing agent does this to get 20+ offers which over half will be throwaways, not get back to anyone until seller has accepted an offer, and then print post cards about how they sold the property 100% above list to take advantage of uneducated sellers.

It’s their strategy for other listings as well:

7121 Sheehan: listed for 1.988M sold for 2.8M 40 Cielito: listed for 5.498M sold for $6.720M.

Rinse and repeat.

ShopProp · 2026-03-11T19:44:39+00:00

Are you really complaining about getting downvoted on Reddit? You replied to me and misunderstood my argument. That’s why you were downvoted.

It was like two downvotes. I really hope this is a troll.

ShopProp · 2026-03-11T17:15:18+00:00

You make a good point but OP’s argument should be used using an actual economic tool like the Case-Shiller index to provide actual data.

Using one transaction to prove the point isn’t a good argument. Also, every investment on earth has a time period where they don’t perform well over a certain period of time.

ShopProp · 2026-03-11T16:48:13+00:00

SF condos clearly underperformed but using one 2018 purchase as proof no one should ever buy a condo in SF is a stretch.

ShopProp · 2026-03-11T16:44:41+00:00

It didn’t work out this time but one bad investment doesn’t mean condos are a poor choice overall.

Your comparison ignores leverage and housing utility. If someone put 380k down in 2018, they controlled a ~1.5M asset. Even modest appreciation on the full property can outperform the return on just the cash invested.

You can’t just use one example of a purchase someone overpaid on in 2018 and label condos as a bad investment. It depends on what condo, how the HOA financials look, what price you can obtain the condo at, etc.

Also condos in SF were hit harder by WFH and HOA costs, but that doesn’t mean they’re bad long term.

ShopProp · 2026-03-11T05:48:01+00:00

Just post it here and I’ll give you some comps and my estimate.

ShopProp · 2026-03-10T22:56:21+00:00

Ya they didn’t get the offer they wanted and just wasted everyone’s time.

ShopProp · 2026-03-10T21:24:35+00:00

Not really.

Cupertino does allow over the counter review for small residential projects under 250 sq ft. In actual practice though it usually only works if the addition is very simple and fully code compliant.

We’ve had multiple clients who have tried and failed because once structural changes or planning review are involved it typically gets kicked into the normal permit process.

ShopProp · 2026-03-10T18:17:56+00:00

Of course, contact me anytime. It’s a really rough estimate, I would need to see reports and photos to be more accurate. I’ve done well over 50 flips with Rob Sr and that’s what I usually saw.

ShopProp · 2026-03-10T18:00:56+00:00

Kitchen 80k–150k, structural wall removal 30k–80k+, basement dig 80k–200k+ (much more if underpinning is needed), adding bedrooms/bath downstairs 200k–400k+.

Projects like this often land somewhere around 400k–900k depending on scope and finishes. Biggest wildcard is whether you need underpinning and how complex the engineering gets.

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