4252 22nd Street
The sale of 4252 22nd Street closed escrow on 9/25/09 with a reported contract price of $780,000. Previously asking as much as $1,495,000 in September 2008 (don’t ask us).
Purchased for $760,000 in May 2006 with tenants in place and without the approved permits and plans but prior to the owners having started work and ripping out the kitchen (which changes the game with respect to financing).
Unfortunately it’s anything but “Apples to Apples” (fortunately we can likely co-file under “Coming (relatively) Soon“).
Okay, So How About Half? (4252 22nd Street Goes “Pre-Foreclosure”) [SocketSite]

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Comments from “Plugged-In” Readers

  1. Posted by The Milkshake of Despair

    house – kitchen – tenants = Purina developer chow

  2. Posted by EBGuy

    Would be nice to see this fully developed to its highest, best use as as a duplex (condos) since this is RH-2. Looks like its already permitted as a McNoe special. Good luck to the developer.

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