CFAH

Purchased for $2,425,000 in June of 2019, the stunning 2,200-square-foot live/work loft #102 at 355 Bryant Street returned to the market listed for $2,250,000 million last year after a “Luxury Live Auction!” failed to produce an acceptable offer in 2020.

Subsequently reduced to $2,195,000 million, the sale of the high-end condo has now closed escrow with a contract price of $2,212,500, which is officially “over asking” according to all industry stats and aggregate reports but 8.8 percent ($212,500) under its 2019 value on an apples-to-apples basis while the Case-Shiller index for “San Francisco” condo values was up 4.0 percent over the same period of time.

Comments from Plugged-In Readers

  1. Posted by Ricky

    Good buy . Good sell . Lots of winning going on .

    • Posted by Brahma (incensed renter)

      Sure, there’s leverage going on here, so it’s not like the seller just lost that $212.5k gross over the thirty-three month holding period…but come on, the seller did not do well for themselves here.

  2. Posted by Willow

    Great unit but terrible location…with all those cars the air quality can’t be great.

Comments are closed.

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