The current tenant may have occupancy rights until 2053, as stated in the property's listing by Park North Real Estate. The tenant's lease appears to grant strong long-term rent rate amount restrictions, unconventional method of rental payment, and possible occupancy rights until 2053.
The three-bedroom home in Russian Hill is listed for $488,000. However, the buyer may not be able to move in until 2053 due to the current tenant's possible occupancy rights.
The tenant's current lease includes a low monthly rent of $416.67, the tenant being responsible for their own garbage, water, and PG+E bills, strong long-term rent rate amount restrictions, an unconventional method of rental payment, and possible occupancy rights until 2053.