Tuesday, January 09, 2007

Downtown Condo at ParkLoft #304

ParkLoft is located by Petco Park. It was an early project in the East Village area.

This particular unit sustained a recent $140,000 price cut which and is substantially lower than the last sale price in the summer of 2004.

Type: Listed on MLS(#066074284)

List Price: $559,000

Cost: $650,000
Loss@6% Sales Expenses: $124,540
Loss%: 19.16%

Purchase Date: 08/31/2004
Holding Period: 29 months and counting...

Bedrooms: 0
Bathrooms: 1.5
Square Feet: 1305

Purchase Details: view


Anonymous said...

I assume this one is an open loft. I don't suppose at that price it had a ballpark view.

Lew Breeze said...

Yep, open loft. Facing north with city views. An no balcony either.

Mr. Brightside said...

No balcony really hurts. Aloft at Cortez has a ton of very small units with no balcony at high prices. I doubt that's going to work. It's a nice looking building with a pool though.

I don't think that ParkLoft has been very successful, I also don't think that loft units are all that attractive either. Seems like you'd still rather have a nice larger master bedroom.

Anonymous said...

In the photos on Lew's site, I see frnch doors in the bedroom. Do they just open to nothing?? Just curious.