Monday, February 16, 2009

Electra #1701

Some people claim that Electra is the best building in all of San Diego.

The flippers there are going underwater, one by one and Bosa is lowering prices and putting pressure on the flippers.

Let's look at

MLS-090009481 700 W E St 1701 San_Diego Ca 92101


Purchased for $1,039,400 on 01/01/08
Immediately listed at $1,160,000. Are you laughing yet?
Now listed for $929,500. INCLUDING all the ugly furniture.

$109,900 loss, not including carrying costs and transaction costs.

1 comment:

  1. Was it really that long ago that people bought houses to live in?

    ReplyDelete