SAN FRANCISCO (June 13, 2013)—Not even parking spots are immune to the recent surge in real estate prices in San Francisco.
An 8- by 12-foot parking space in an enclosed garage in a condo in the city's trendy South Beach neighborhood sold last week for $82,000.
In fact, real estate agents say parking could be a good investment because it can add as much as $100,000 to the purchase price of a property, or can be rented out at rates of $400 to $450 a month, the going price in South Beach.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.