Purchased for $1.65 million in May of 2016, the 2,000-ish-square-foot unit #403 on the fourth floor of 767 Bryant Street returned to the market listed for $1.75 million this past June having been completed remodeled “from the studs up,” with high-end and custom finishes throughout and the phrase, “Success consists of going from failure to failure without loss of enthusiasm,” prominently stenciled near the ceiling of the now “penthouse” loft’s main room.
And at the end of June, the sale of the newly remodeled loft closed escrow with a reported contract price of $1.87 million.
A couple weeks later, the unit was listed for rent at $11,500 per month. In September, the asking rent was dropped to $8,500 per month. And last month, the“stunning panoramic view penthouse loft” suddenly returned to the market listed for $1.695 million without a tenant in place.
This afternoon, the list price for 767 Bryant Street #403 was dropped to $1.495 million. And while the furnishings have changed, the stencil remains.