Monday, August 14, 2006

17% Loss at Downtown Condo at Park and 10th on Cortez Hill #107

This building was built in 1983 and is one of the oldest condo projects in downtown San Diego. It's up on Cortez Hill and is in reasonable shape.

Type: Listed on MLS (#066053984)

Resale Price: $410,000 (Range priced $405,000 to $415,000)
Cost: $469,500

Loss@6% Sales Expenses: $84,100
Loss%: 17.91%

Purchase Date: 10/01/2004
Holding Period: 22 months and counting...

Bedrooms: 2
Bathrooms: 2
Square Feet: 1004

Purchase Details: view

No comments: