For a list price of $11M, one expects a spectacular residence and in Russian Hill on the 16th floor of 1750 Taylor at #1601, that is exactly what you get! I represented the buyers of this amazing home.
This is a co-op residence, which is different from a condo. Co-ops are not as common in San Francisco as they are in Manhattan, for example. As an owner of a co-op you own stock in a corporation that leases the unit exclusively to you, however; in many ways it is the same as living in a condo once you move in.
But a big difference between co-ops and condos is that before you can buy a co-op you must be approved by a Board of Directors, who will learn about your financial affairs and other things about you and, barring illegal discrimination or self-dealing, can deny you for any reason without being required to explain. While you may have read stories about Madonna, Mariah Carey, and Barbra Streisand being rejected from co-ops in New York, in San Francisco there have not been the same high-profile rejections!
This particular residence was completely and beautifully renovated about 6 years ago. From the living room, kitchen, and primary bedroom, you can see the Golden Gate Bridge and the Bay Bridge – not an easy feat unless like this 3640 square foot home, you are in the largest of only three units on the 16th floor of a building perched on a hill in the perfect location. The new owners will be happily ensconced there in the New Year!
