A San Francisco home with a long history of squatters has been sold for $1.3 million. The home, located on Yukon Street near the city’s historic Castro neighborhood, had been occupied by a rotating group of squatters over the past five years, according to the San Francisco Standard.
Condition of the Home
Property listing photos show boarded-up doors, shattered windows, and interior walls covered in graffiti. The property is also littered with hypodermic needles, and squatters left a poop bucket on the top-floor deck. The vacant property lacks running water and electricity.
Despite its condition, the home has had ‘nonstop’ showings, and the property is already listed as under contract on the Vanguard Properties website. The home’s rapid sale underscores how properties in dilapidated condition can fetch millions of dollars in San Francisco’s limited real estate market.
Squatting Incidents on the Rise
The listing’s surprising success comes amid a rise in squatting incidents in California and across the nation in recent years. According to a New York Times report, a 2024 survey found that 76 percent of California property owners considered squatting a major issue, with 70 percent of respondents saying they had been victimized by squatters or personally knew someone who had been.
In response, several states have passed aggressive legislation allowing law enforcement to immediately arrest unauthorized occupants and bypass traditional court backlogs. California, however, remains a strict outlier, requiring property owners to go through a lengthy civil eviction process to remove squatters.
Original reporting: Fox News (HLL/CB) — read the source article.