Pacific Heights San Francisco Home Sells After Fire Left it Vacant for 10 Years

10 years after the interior of this Pac Heights mansion burned down and multiple lawsuits ensued surrounding the property, the property's finally sold to a developer for an absolute steal of a price. This is Austin Klar, your lawyer turned real estate agent and real estate developer in San Francisco and Marin County. And the property at 2008 Vallejo Street in San Francisco's Pacific Heights neighborhood has been vacant for 10 years since a fire burnt down the interior in 2013. Multiple agents have tried to sell the property multiple times over the course of that 10 years to no avail. Until 2018, when the listing agent at the time found a buyer and entered into a contract to purchase the property for $5 million. Only problem is, after discovering that the house was actually in a trust and they didn't get signatures from the right parties, buyer tried to back out and renegotiate the price, and litigation ensued. After 5 years of litigating, the parties finally settled their dispute, and the developer buyer got the property for a massive discount from his initial $5 million contract for $3.5 million. If they do the renovation right, they are going to make millions of dollars on this property. I cannot wait to see what they do to the place. Follow me for more of the best Bay Area real estate.