San Francisco - Parking spots apparently aren't immune after the recent surge in San Francisco real estate prices.

A spot in the city's trendy South Beach neighbourhood sold last week for $82 000, the San Francisco Chronicle reported on Thursday.

The 2.4m by 3.6m parking space is in an enclosed garage in a condominium building near the San Francisco Giants' baseball park. A Porsche SUV was parked in it on Thursday. The Chronicle said the unidentified buyer did not respond to interview requests.

While it may seem like a lot of money, real estate agents said parking could be a good investment in densely packed San Francisco, where vehicle spaces go for a premium. They can add as much as $100 000 to the purchase price of a property or be rented out at rates of $400 to $450 a month - the going rate in South Beach.

“We had a very good response right out of the gate,” said Sean Sullivan with Climb Real Estate, which sold the spot. “It was only in the market two weeks.”