Building is undergoing extensive repairs and upgrades. Just had a $75,000 assessment and expects as much as $168,000 more beginning february 1, 2025. Payable over 14 months. Cash buyers only unless buyer has special arrangement with lender. Unit has a reverse mortgage balance of approximately $1,000,000 and need a short sale to close. Note: $104,220+/- for unpaid assessments. Building has been "red flagged" by the city of san diego.
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Listing Price Changes
Price Reduced: 10/07/2024 from $945,000 to $650,000 Price Reduced: 08/21/2023 from $1,050,000 to $945,000 Price Reduced: 07/11/2023 from $1,100,000 to $1,050,000
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Sales History
Date
Price
Return
Held
Annual
06/25/2025
$600,000
-
n/a
-
Selling brokerage Walker Land Company Listing provided courtesy of Rowland Realty