The Silicon Valley housing market is so dire, these run-down or condemned homes sold for over $1 million
First up on the list is this single-family home nestled in the Potrero Hill and Mission neighborhoods of San Francisco. It's 1,700 square feet and is also an "uninhabitable structure," according to Trulia.
Similarly, this house has been pegged "condemned." The listing's description includes the warning "enter at your own risk" because of its structural instability. And yet, it sold in late March for a cool $1.2 million.
Address: 3239 Bruce Dr, Fremont, CA
Price: $1,230,000
A fire pillaged this 1,066-square-foot property in San Jose's desirable Willow Glen neighborhood two years ago. The home will need to be demolished, meaning its new owners paid $938,000 for a plot of land.
Address:1375 Bird Ave, San Jose, CA
Price: $938,000
There are 1,782 square feet of Fixer Upper material with this home. The listing, like the others, advises to bring contractors and developers. It sold for $1,080,000 in March.
Address:617 Lakeview Ave, San Francisco, CA
Price: $1,080,000
This "major fixer" in San Francisco's Richmond District neighborhood doesn't even have its square footage listed, though the lot it sits on spans 3,000 square feet. It sold for $1,300,000 in February and "is looking for new life" with its new owners.
Address: 325 29th Ave, San Francisco, CA
Price: $1,300,000
This 932-square-foot home is a "total Fixer" with a capital F, according to Zillow. It sold for $600,000 in mid March to owners who were okay with a listing that is a "fabulous opportunity for contractors, builders, developers, and investors."
Address:122 Tioga Ave, San Francisco, CA
Price: $600,000
Around the block is another fixer upper, marketed as a "developer, contractor or flipper property." The structure spans 1,085 square feet and is in bad condition, "ready to be rebuilt." But on the bright side, its new owners get great views of the Bay! By San Francisco standards, that's a plus.
Address: 441 Wilde Ave, San Francisco, CA
Price: $565,000
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