Credit: San Francisco Apartment Association Magazine
AS SEEN ON EBAY
This unique item was recently auctioned on EBAY for the winning bid of $5,100.00:"UNIQUE OPPORTUNITY! Studio apartment in the hottest SF neighborhood, North Beach. I have lived in this rent controlled studio apartment for years so the rent is WAY below market value. Studios in The City now start at over $1,000.00 per month! Instead, pay me to turn the apartment over to you. A one-time payment of only $4,800 (enter this figure as your bid price) That's not much more than up front move in costs you'd pay elsewhere. After that, pay the rent of only $520 a month!! Because it's rent control, it only goes up around 2.5% - 3% each year! Additional benefits: There is NO LEASE TO SIGN. So there are no legal restrictions for pets or kids (aside from possible disturbances to other tenants), no obligation for a rent increase if you share the apartment with a mate, etc. NO last month's rent required, NO security deposit required! Natural light, clawfoot bathtub, high ceilings, charming historic building on the corner of Washington Square Park just steps away from all of the Italian cafes, restaurants, and shops that North Beach is famous for. It even has a Murphy bed for space conservation. (That's a bed that folds down out of the wall). So go ahead and enter that one time payment figure as your bid price. I'll contact all interested parties."