Priced at $1.879 million in early 2014, two-bedroom unit #206 at 3500 19th Street, at the corner of Valencia, sold for an even $1.800 million, or roughly $1,157 per square foot, that March.

Featuring “an expansive open floor,” high-end finishes and a private deck overlooking the building’s courtyard, the 1,556-square-foot unit returned to the market in June of 2017 priced at $1.849 million and ended up fetching $1.680 million that August.

And having returned to the market last month priced at $1.775 million, the re-resale of 3500 19th Street #206 has just closed escrow with a contract price of $1.865 million or roughly $1,199 per foot, which is 3.6 percent above the price it first fetched in 2014 and 11 percent higher versus the third quarter of 2017, on an apples-to-apples-to-apples basis.

Comments from “Plugged-In” Readers

  1. Posted by Amewsed

    A lot of condos’ ceilings do not have ceiling space to put in recessed lighting. So are track lighting the only option for overhead lights? Upside is clean lines but also look dated.

    I saw on this site a SOMA condo which used large swing arm style lights affixed to the wall.

    • Posted by DJDavid

      Often times the building floors are made of post-tension concrete and you can’t drill very far into it otherwise you risk the stability, so you have to mount “on to” the concrete like a track light…

  2. Posted by markets_arent_a_panacea

    and in inflation adjusted (real terms) a loss.

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