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
Cost: $727,879
Loss@6% Sales Expenses: $69,879
Loss%: 9.60%
Purchase Date: 07/28/2005
Holding Period: 18 months and counting...
Bedrooms: 1
Bathrooms: 2.5
Square Feet: 1556
Purchase Details: view
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1 comment:
I've been in this particular unit. It is actually a nice open floor plan...very spacious. Cost per sq ft could be attractive to someone.....considering location is close to park and downtown.
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