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Articles Recently Tagged: 338 Main Street

(14 posts)
Prestigious High-Rise Unit Trades for 23 Percent Less

Prestigious High-Rise Unit Trades for 23 Percent Less

Speaking of “San Francisco’s best condominium project,” the apples-to-apples-to-apples re-sale of the three-bedroom, three-bath unit #32E in the Lumina tower at 338 Main Street has closed escrow. Purchased for $3.25 million in May of 2016, the 1,791-square-foot unit resold for $3.5 million in August of 2019, representing total appreciation... Read More »

Be Best for Over 20 Percent Less

Be Best for Over 20 Percent Less

Purchased for $3.295 million in June of 2016 and then rented out for what would appear to be around $8,000 per month, the two-bedroom, two-bath unit #34C in the Lumina tower at 338 Main Street, which is “considered San Francisco’s best condominium project,” according to its Compass agents, returned... Read More »

Prestigious High-Rise Unit Drops Further Below Its 2016 Price

Prestigious High-Rise Unit Drops Further Below Its 2016 Price

Purchased for $3.25 million in May of 2016, the three-bedroom, three-bath unit #32E in the Lumina tower at 338 Main Street, which “exemplifies the prestige of highrise (sic) living,” resold for $3.5 million in August of 2019, representing total appreciation of 7.7 percent despite the short-term hold and the... Read More »

Value of a Prized View Condo Drops $500K

Value of a Prized View Condo Drops $500K

As we outlined in October of last year: Purchased from the sales office for $3,149,500, or roughly $2,003 per square foot, back in June of 2016, the “highest and largest” two-bedroom, two-bath unit in the Lumina tower at 338 Main Street, unit #35A, was then listed for $3,449,000 in... Read More »

Rarely Available View Condo Drops $275K

Rarely Available View Condo Drops $275K

As we outlined earlier this year: Purchased for $2.125 million in April of 2016, the “rarely available,” two-bedroom, two-bath condo #17E in the LUMINA tower at 338 Main Street was offered for rent at $7,000 a month in 2018. After a year as a rental, the unit returned to... Read More »

Rarely Available View Condo Listed for 19 Percent Less

Rarely Available View Condo Listed for 19 Percent Less

Purchased for $2.125 million in April of 2016, the “rarely available,” two-bedroom, two-bath condo #17E in the LUMINA tower at 338 Main Street was offered for rent at $7,000 a month in 2018. After a year as a rental, the unit returned to the market priced at $2.4 million... Read More »

Reduced Rents and Pricing for a Prized View Condo

Reduced Rents and Pricing for a Prized View Condo

Purchased from the sales office for $3,149,500, or roughly $2,003 per square foot, back in June of 2016, the “highest and largest” two-bedroom, two-bath unit in the Lumina tower at 338 Main Street, unit #35A, was then listed for $3,449,000 in March of 2017 while alternatively being offered for... Read More »

Luxury Two-Bedroom Fetches $225K Less

Luxury Two-Bedroom Fetches $225K Less

As we outlined in September, having sold for $2.425 million in April of 2016 (with 35 percent down and a below average 2.848 percent interest rate on a $1.58 million loan), the two-bedroom unit #22E in the LUMINA tower at 338 Main Street returned to the market priced at... Read More »

A Signature Two-Bedroom Just Slipped Below Its 2016 Price

A Signature Two-Bedroom Just Slipped Below Its 2016 Price

Purchased for $1.895 million in the first quarter of 2016, the 1,401-square foot unit #21G in the LUMINA tower at 338 Main Street returned to the market priced at $2.195 million this past July, a sale at which would have represented total appreciation of 15.8 percent for the “coveted... Read More »

Sub-2016 Pricing for a Luxury Two-Bedroom with Views

Sub-2016 Pricing for a Luxury Two-Bedroom with Views

Purchased for $2.425 million in April of 2016, the two-bedroom unit #22E in the LUMINA tower at 338 Main Street returned to the market looking nearly new and priced at $2.488 million this past June, a sale at which would have represented total appreciation of 2.6 percent for the... Read More »