Doma is a CityMark building on Kettner Boulevard in Little Italy.
This large luxury unit is listed as a corporate relocation on the MLS. This probably indicates that some or all of the loss is being taken by a large company rather than the individual that purchased the unit. This is a good example of how some property will be for sale regardless of market conditions.
List Price History:
Price Reduced: 08/23/06 -- $769,900 to $749,900
Price Reduced: 09/26/06 -- $749,900 to $699,900
Type: Listed on MLS(#061053971)
List Price: $699,000
Cost: $797,500
Loss@6% Sales Expenses: $140,440
Loss%: 17.61%
Purchase Date: 09/22/2006
Holding Period: 3 months and counting...
Bedrooms: 2
Bathrooms: 2
Square Feet: 1754
Purchase Details: view
Friday, December 08, 2006
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3 comments:
Hey Brightside, I figured you would want this listing. I only cover PB in my blog, so I didnt want to include it.
6552 Avenida Wilfredo, La Jolla, CA 92037
Very nice, 10k sqft lot in La Jolla with a beautiful 3 bdrm house on it was purchase and later sold this year for a reasonable loss (Which grows substantially with holding costs and a commission).
Thanks sven,
I'll keep an eye out for the sales data to come across. It's not on sdlookup.com or the county website yet.
What is your blog address? I don't think I've ever seen it.
it's http://pacificbeachbubble.blogspot.com
Sdlookup and the assessors site don't have this updated yet, but zillow does.
11/17/2006: $1,805,000
04/21/2006: $1,850,000
So much for the theory that only the cheaper places are losing equity.
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