The Egyptian is a recent condominium community located in Hillcrest on the border with North Park in the old Egyptian theater.
This is the second Egyptian condominium to make this list as unit #410 is also listed at a loss. This development was built by Citimark which puts out an excellent product so this loss is pretty much market forces driven.
Type: Listed on MLS(#066095991)
List Price: $559,000
(Range priced $549,000 to $569,000)
Cost: $617,539
Loss@6% Sales Expenses: $92,079
Loss%: 14.91%
Purchase Date: 07/19/2005
Holding Period: 19 months and counting...
Bedrooms: 2
Bathrooms: 2
Square Feet: 1431
Purchase Details: view
Subscribe to:
Post Comments (Atom)
3 comments:
This guy is clearly a flipper. Kinda fun to see the flippers go flop.
$505/month HOA...ouch.
anon 12:29,
How is it clear this guy is a flipper? He held the property 19 months. Maybe a job transfer? Divorce?
Post a Comment