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350 W. Ash #1205
Last Post 01 Jan 1900 12:00 AM by Anonymous. 22 Replies.
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Author Messages
Anonymous

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06 Jun 2007 03:30 PM
    I'm not sure what the size of the unit is, but I think that this 2007 flipper is out of his mind. No way he can sell at this price, this year.

    List Price: $1,995,000
    MLS#: 076044820


    Anonymous

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    06 Jun 2007 06:00 PM
    12XX sqft. this person is insane!
    guest two

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    07 Jun 2007 08:57 AM
    Yes I saw the listing. Maybe he/she thinks this is Manhattan. Even Manhattan does not cost that much!
    Anonymous

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    07 Jun 2007 09:22 AM
    There has to be more to this story. Perhaps they're trying to sell another unit nearby and are trying to make that one look like a good deal?

    I see #103 is listed for $1M:
    www.sdlookup.com/Community-7-350_W._Ash
    Anonymous

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    07 Jun 2007 12:53 PM
    Maybe they made improvements in the unit?
    Anonymous

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    07 Jun 2007 04:35 PM
    Interesting. The top unit had lower ceiling and odd roof lines. I actually like the lower units better.
    I agree that there has to be more to the story because his unit was just bought in April of the year. It's not worth 1/2 million more 1 month later.

    Is the same listing agent involved with the other units? If so, there might be an attempt to manipulate resale comps. Would not surprise me one bit.
    Bob

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    08 Jun 2007 02:03 PM
    Let's not forget that this buiding was a consruction defect case anyway. Back when it was the hokjuditsu (or somethinglike that) office bulding.
    Brian

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    14 Nov 2007 01:12 PM
    List Price: $1,549,000
    MLS#: 076044820

    Big price reduction since original listing but still twisting in the wind.
    Brian

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    21 Apr 2008 08:55 PM
    Owned by investor family. NOD filed 12/2007.
    Brian

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    06 May 2008 05:21 PM
    List Price: $1,000,000
    MLS#: 086028544
    Brian

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    05 Oct 2008 12:08 PM
    List Price: $759,900
    MLS#: 080068389
    Joel

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    06 Oct 2008 08:55 AM
    I wonder if the bank listed this unit based on the previous sales price. There is about 25% of the units in this building in foreclosure. The bedroom (loft) in this unit is not enclosed (ie do not have guests over). I would say at $500/sq ft the unit would be about $575. In other words current price is not a good deal.
    Joel

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    21 Oct 2008 10:06 AM
    Looks like the bank took my recommendation and is getting closer. Given this unit rents for no more than $2,500 so after tax benefits the price is getting close to rent equivalent.
    Brian

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    21 Oct 2008 05:16 PM
    List Price: $599,900
    MLS#: 080068389
    Art

    --
    02 Feb 2009 02:58 PM
    Closed at $540k.

    I liked this one because of the 3 parking spots and private gym. But with the building so underwater just seemed way too risky to submit an offer.
    Dav

    --
    12 Dec 2009 12:29 PM
    Flipping action??


    Price: $695,000
    Status: Active
    Type: Condominium
    Assoc. Fee: $460 Monthly
    Year Built: 2006
    Area: Downtown Real Estate
    Community: 350 West Ash Urban Homes
    Zoning: 1
    Listing
    MLS#: 090067908
    Days on Market: 3
    Listed: 12/08/2009
    Beds/Baths: 1 / 2
    Est Square Feet: 1,200 sf
    PPSF: $579

    Additional Information
    View: Bay,city,panoramic,other/remarks

    Description
    Top-floor gorgeous penthouse unit w/ panoramic city/bay/downtown/sailboat views! Chic loft-style 1,200sqft unit in upscale little italy neighborhood blocks to gaslamp district! Offers stainless steel appliances, oversize windows, extensive patio w/ firepit, soaring 14-foot ceilings, large mbr w/ separate sitting area, walk-in closet, mba w/ dual sinks, separate tub & shower, hardwood flooring & more! Walking distance to bay, train station & horton plaza. Sold in 2006 for $1,550,000.

    ====================
    Purchased on 01/30/2009 $540,000 for -65% loss from 04/17/2007 $1,550,000
    Dav

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    21 Jan 2010 07:03 AM
    Price Reduced: 01/20/2010 from $695,000 to $675,000
    Brian

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    12 Mar 2010 12:53 PM
    List Price: $599,000 to $630,000
    View Full Listing: MLS-100015119
    Topazzzer

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    01 May 2012 07:58 PM
    Hey cpa,
    Take a gander at this unit on my floor. Listed at $625/sf. You like to say that list prices matter, eh? Happy days are here again.
    creative_cpa

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    02 May 2012 10:58 AM
    Let me know when it closes, Kenny.
    You are not authorized to post a reply.
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