Neighbor Jack noticed something odd this week on the List of Craig: A “Victorian” house on Bennington available for rent at the gobsmackingly high figure of $9995 per month.
What could possibly explain this? Yes, it’s a single-family house with a garage and back yard. But the building itself looks rather unremarkable, with a stucco facade, aging wall-to-wall carpet, and exterior windows that feature those sad fake window panes. The listing doesn’t even include any photos of the kitchen.
Perhaps the house sits on a diamond mine? Or perhaps it includes a vast underground rocket hangar and orbital launch facility?
A quick aerial survey of the premises via Google Maps disproved those theories, so Bernalwood sent an email to the landlord to inquire about the logic of the $9995 monthly rent. We were told:
The reason I am asking $9995 is because my mortgage payment alone is $10,000 and that does not include, taxes, insurance, repairs, etc,. plus it has one of the biggest backyards in Bernal Heights.
This seemed questionable. The yard is definitely nice-sized, but 24 Bennington is hardly big enough to host, say, a backyard motocross track like that giant yard on Alabama.
Plus, a $10,000 monthly mortgage seems far-fetched, especially since a records search shows that the current owner bought the house in 1994, and that it’s been on and off the market several times in the last few years.
So maybe — just maybe — Bernalwood had been fed some heavy-handed shading of the truth regarding that $10,000 monthly nut. Still, why would anyone seek $9995 a month for a place like this?
We turned to celebrity CurbedSF real estate blogger (and suspected Bernalphile) Ms. Sally Kuchar for guidance on the matter. This was Ms. Sally’s hypothesis:
Who knows why it’s that much, right? Anyone can basically put anything on Craigslist. The current owner may have read an article in the Chron that said Bernal was the hottest neighborhood in town for all we know, and decided to try to put it up for rent for a crazy amount of money.
I did a search on several other sites (Zumper, Lovely, Trulia, etc) and Bernal’s pretty much averaging in the $3,000 – $6,000 per month range for single-family homes. That said, when people read these articles all over about how rents are skyrocketing, sometimes they try to cash in by listing their abode for a lot of money with the hopes of some bazillionaire being stupid enough to sign a lease for it. Or their neighbors tell them how much they’re making from Airbnb (usually exaggerating that number) and they think “I can do that too!”
I saw a lot of this when the America’s Cup was coming up. “Oh! We have a house on the Marina Green! Let’s rent it out for $45,000 a month.” These people didn’t get their homes rented for that much, but an A for effort. Or something.
So there you go.
But hey, if you’re a gajillionaire who would like to rent this “Victorian home” for $9995 a month, Bernalwood is quite sure the landlord would be happy to discuss the matter with you.
PHOTOS: 24 Bennington, via Criagslist