November 19, 2009

New Year (And Perhaps Market) Motivations Atop Nob Hill

From the property flyer now making its way around the brokerages for 1170 Sacramento Street #2B by way of a plugged-in tipster: "TENANTS HAVE MOVED---NOW PAINTED AND STAGED! MOTIVATED SELLER! WANTS TO CLOSE BY DEC. 31!"

On the market for the past month asking $1,595,000 (purchased for $1,450,000 in May 2005), will it take more "motivation" than furnishings and paint to grant this holiday wish?

Other 1,961 square foot "B" stack units in the building currently on the MLS: 1170 Sacramento #12B asking $1,950,000 (reduced from $2,200,000); and 1170 Sacramento #14B asking $2,150,000 and which comes with a separate one-bedroom unit that "can be sold to another owner in bldg" (reduced from $2,380,000).

∙ Listing: 1170 Sacramento #2B (2/2.5) - $1,595,000 [1170-sacramento-2b.com] [MLS]
∙ Listing: 1170 Sacramento #12B (2/2.5) - $1,950,000 [MLS]
∙ Listing: 1170 Sacramento #14B (3/3.5) - $2,150,000 [MLS]

First Published: November 19, 2009 7:00 AM

Comments from "Plugged In" Readers

$2,704 HOA... ouch!
That's the mortgage payment on $400k of principal

Posted by: asiagoSF at November 19, 2009 12:06 PM

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