The Egyptian is a recent condominium community located in Hillcrest on the border with North Park at the site of the the old Egyptian theater.
Besides the rather large loss this property is notable as the list price is less than the developer sold the unit for back in 2005.
The list price was reduced on 12/04/06 from $765,000 to $700,000.
Type: Listed on MLS(#061079777)
List Price: $700,000
Loss@6% Sales Expenses: $69,879
Purchase Date: 07/28/2005
Holding Period: 18 months and counting...
Square Feet: 1556
Purchase Details: view