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Downtown Bum
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| 01/16/2008 9:08 AM |
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| Guess the Baxters have had a change of heart and are now producing their own line of soups to keep soup corner kitchens soup lines flowing freely. |
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Interested
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| 02/15/2008 7:49 PM |
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| Anyone know what is going on with the tragically incorrect and bad idea of what is commonly known as "SOUP CORNER"?
Have people canceled and received their deposits back?? I would hate to live here. This idea for a condo complex is an absolute trainwreck. |
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Brian
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| 02/15/2008 8:13 PM |
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It's being quietly rented by the developer (through an RE agent) for about $1300 for a studio. Negotiable of course. I saw at 1/1 hit Craigslist for $1300 also so the prices are slipping.
HOA at Smart Corner are $466/mo and up. So at $1300/mo rent, that leave an owner $834 to make his interest and property tax payments (not including vacancy and repairs).
People are hardly clamoring to live at this "amazing" place.
Have you been there are night? Plenty of most likely harmless loiterers. But there will be morning urine smell for sure.
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anon
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| 02/16/2008 8:36 AM |
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| I saw one for $1100 about a week ago (on CL). I'll copy and paste next time. |
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bb
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| 02/16/2008 7:35 PM |
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| Has any one canceled and received their deposits back? I know that there were a number of misrepresentations by the developer on this one. |
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bb
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| 02/16/2008 7:36 PM |
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| Has any one canceled and received their deposits back? I know that there were a number of misrepresentations by the developer on this one. |
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Market Watcher
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| 02/18/2008 12:36 AM |
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I checked the tax rolls just for fun. And because the numbers don't lie. Opinions are one thing.. but hard numbers are another.
Out of 301 units at Smart Corner at total of 48 closed escrow. And our of those 48 about a dozen are restricted low-income. This building has been open 1 year now and sales are not moving. They have now resorted to renting out the vacant units.
Before they rent out the units, do they have to a get a certificate of occupancy and start paying property taxes? I would think so. I'll call the tax assessor's office on Monday and check. |
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I love soup
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| 02/18/2008 3:02 PM |
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Here's a Soup Corner listing.
Be sure to negotiate hard if you're going to rent.
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$1300 Chic Urban Studio Lofts @ Smart Corner
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Reply to: hous-578505010@craigslist.org
Date: 2008-02-18, 2:49PM PST
Live, Work, and Play Downtown! Unique Urban Loft Living @ Smart Corner
A Plan Studio Lofts. 475 sq ft + balcony. Offering excellent downtown views. Floor to ceiling windows. Includes 1 secure underground parking space. State-of-the-art kitchen with granite countertops and standard appliances. Stackable washer & dryer. On site workout facility with top-of-the-line equipment. Fabulous 20 story rooftop terrace with panoramic downtown views and water views, two BBQ’s & Jacuzzi – All for entertaining! HOA includes everything including phone, internet & cable service, Tenant pays for electricity – a plus. Located near freeways and personal trolley stop just outside the front door. Walk to Petco Park, Gaslamp Quarter, restaurants, shopping, etc.
Flexible Lease Terms
$25 Screening Fee
For viewing appointment call or reply back to:
Michael Stone (619) 301-8009
Urban Real Estate Services |
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I love soup
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| 02/18/2008 3:05 PM |
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Here's another one.
The people who bought the income-restricted units are probably payment more than rents, but because they bought subsidized units, they gave up the future option to sell at a profit.
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$1500 / 2br - LEASE with an option to PURCHASE ON SMART CORNER CONDO
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Reply to: hous-574555148@craigslist.org
Date: 2008-02-16, 9:38AM PST
SELLER MAY CONSIDER LEASE/PURCHASE on this wonderful 2-bedroom, 2-bath condo that features spacious open floor plan, open and bright kitchen, tile flooring, separate laundry room, master suite with walk in closet and private bath, burglar alarm included.
Fantastic home in great Smart Corner neighborhood!
Asking price is $275,000.00 – Reduced $15,000.00. Only $1500 down starts the lease option. Outright sale of this home is preferred, but Seller will consider a lease/purchase arrangement if Buyer needs a little time to clear up credit issues, save down payment, etc.. Not interested in just renting home --must be sale or lease purchase -- which means eventually you will be able to buy this lovely home!
This is a fantastic opportunity if you qualify to cash in on the current housing slump without a down payment or perfect credit.
Call today and ask to get pre-approved for this incredible opportunity.
****Please do not call if you are only interested in renting!
Pre-Approval line: 800-627-2075 - Hank
Have a wonderful day
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Brian
Posts:2649
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