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A potential deal awaits for a north facing 1 bedroom Diamond Terrace unit. It is currently listed for sale at $374,900. With a great location – across from Petco Park in the bourgeoning East Village, this 826 square foot 9th floor unit could still have some negotiating room below the list price. Tax records show the bank took the property back at $333,000 on 1/3/2008. Same unit three floors up sold at $400,000 in September. Nice as a potential rental unit or a great vacation home. I don’t like it so much for an owner occupied unit because of the odd floorplan…it would wear on me after a while. Upon entry you have to walk around the corner to get to the kitchen and living area, or to the right to go to the bedroom and bathroom. Not a big deal, but I prefer to walk into open space.
The list price has been reduced to $435,000 for 1,003 square feet of urban loft in m2i, the Citymark building located on Island and 10th Avenues. This particular unit is a courtyard facing 2 bedroom, 2 bath loft style condo featuring 11 foot ceilings and private patio. Currently it is the lowest priced unit in the area over 1,000 square feet.
m2i is great building for almost any use – investment property, primary residence or second home. The low HOA’s ($358/ mo.) add to the affordability factor of the unit.
Currently listed by Michael Ciampa, 92101 Urban Living.
