SF parking spot goes for $90K on Redfin

A Porsche SUV is parked in space #142 Thursday, June 13, 2013, in a parking lot near AT& T Park in San Francisco. A spot in the city’s trendy South Beach neighborhood sold last week for $82,000. The 8- by 12-foot parking space is in an enclosed garage in a condominium building. While it may seem like a lot of money, real estate agents say parking could be a good investment. It can add as much as $100,000 to the purchase price of a property, or be rented out at rates of $400 to $450 a month, the going rate in South Beach. (AP Photo/Ben Margot)

by: Aaron Tolentino

Posted: Sep 8, 2022 / 06:05 PM PDT

Updated: Sep 8, 2022 / 06:06 PM PDT

SAN FRANCISCO (KRON) — Parking in San Francisco can be considered a luxury. Open spaces are hard to come by, and even if you do find one, you usually have to pay a price.

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In one instance, you have to pay $90,000. A parking space at 88 Townsend Street listed on Redfin for that price. The address is home to condo complex, which is one block from Oracle Park.

The listing says the parking spot can be used by a non-resident of the complex. The parking space is currently being leased for $300 per month.

If you want to purchase $90,000 spot, the Redfin listing says it’ll cost a estimated monthly payment of $535. The listing emhpasized the item for sale is “NOT” a condo.

In 2013, a parking spot was sold in a parking lot near then-AT&T Park for $82,000. The parking space was an 8-by-12-foot spot in the garage of a condominium building.

The Associated Press contribued to this report.