Bay Area/ San Francisco
Published on November 19, 2013
Today in Real Estate
The building at the corner of Haight and Ashbury was, briefly, for sale.

It went on sale about a month ago. It was going for about $7 million, for two retail spaces (Haight Ashbury Vintage and Club Deluxe) and 12 apartments. Bids started at 10% over asking, and just kept rising. Last week, it sold for a million over asking price. Our source commented, "classic bubble mentality." So. If you're wondering why rental prices are so insane, this might have something to do with it.