Parking spot in San Francisco priced at $90,000? Here's everything you may want to know

A parking spot in San Francisco's south beach neighborhood priced at $90,000 leaves many shocked. This type of listing isn't unheard of in San Francisco, and there have been similar scenarios. Even after the Covid pandemic, the prices haven't dropped much.

According to a listing agent, this parking spot in the south beach neighborhood is priced so high as it's closer to Oracle Park.Realtor Karen Mai said that the prices of parking spots depend upon the location and can be extremely high. Further, she added that she doesn't recommend selling parking areas and instead suggests renting them. Selling the parking area also limits the buyer pool if you want to sell the property in the future. Therefore, renting a parking spot is a logical and ideal choice.

FAQs

Q1. What's unique about this parking spot?

Following are the unique features of this parking spot:
• According to a listing agent, this parking spot is near Oracle Park and is only one block away.
• It is available for purchase by any buyer. The buyer can be anyone and is not limited to the residents of the building in which this parking spot is located.

Q2. Are such listings of parking spots priced at $90,000 common in San Francisco?

Per the real estate agents in San Francisco, a parking area priced at $90,000 is not rare. Such mind-blowing listings have happened in the past too. In 2019, a similar listing happened when a parking spot in an enclosed garage sold for the same price of $90,000.


The sky-high listings in San Francisco are nothing compared to the listings of big cities like New York. Parking areas have been listed as high as $1 million in some luxury apartments and buildings.