February 4, 2010
Top Floor Sir, Going Down (181 O’Farrell #513)
As we wrote in November with respect to Odeon (181 O’Farrell):
And then there’s the penthouse (#513) which was purchased for $2,000,000 in March 2007. An attempt to sell it off as a fractional over the past two years failed and it’s been the market as a whole for the past 172 days. Originally asking $2,349,000, it’s been three months at $2,099,000 with an owner that "says make an offer!!"
The Odeon penthouse is now back on the MLS with an "original" list price of $1,899,000 and an official 3 days on the market. You’ve got to love (or at least understand) those industry stats and Realtor reports.
∙ Listing: 181 O’Farrell #513 (3/2) 2,516 sqft - $1,899,000 [MLS]
∙ Oh My (And Bank Owned) At The Odeon On O’Farrell [SocketSite]
First Published: February 4, 2010 10:30 AM
Comments from "Plugged In" Readers
it's going to be a hard sell with $1,300/month of parking + HOA.
I predict it either sits on the market 2 months and goes for $1.6M, or sits 6 months and goes for $1.4M
Posted by: asiago at February 4, 2010 12:10 PM
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