You’re Sold! (And Hopefully Not Sued For Falling Off The Stairs)

As we reported this past September:

Purchased for $1,330,000 in October 2007, the 1,866 square foot Heublein Building (601 4th Street) loft number 322 has since been extensively remodeled.

The two-bedroom is now back on the market in 2011 and asking $1,450,000 ($777 per square foot). The sale will likely contribute to price “appreciation” when it comes to industry stats, but as plugged-in people know, it won’t be apples to apples.

This past Thursday the sale of 601 4th Street #322 closed escrow with a reported contract price of $1,455,000 ($780 per square foot). And yes, as a reader referred, the seller was an “Apprentice,” at least for the first six episodes of season two.
∙ The Heublein Building Lofts (601 4th Street) [SocketSite]
∙ Before, After And “Appreciation” At (Or At Least For) The Heublein [SocketSite]