1044 SUZANNE Ct Half Moon Bay, CA 94019

1044 SUZANNE Ct Half Moon Bay, CA 94019

Price: $299,900

Beds: 3
Baths: 1.5
Sq. Ft.: 1,190
$/Sq. Ft.: $252
Lot Size: 1,428 Sq. Ft.
Property Type: Townhouse
Style: Contemporary
Year Built: 1970
Stories: 1-3 (Low Rise)
View: Green Belt, Mountains, Neighborhood
Neighborhood: Wave Crest
County: San Mateo

Last sale:

Nov 24, 2008 Sold $436,298

Loss if sold for asking: $136,398 or 31.3%

This is a bank owned property on the coast.  It seems like a decent townhome and it is listed for less than its 2003 price.

721 PORTWALK Pl #2703 Redwood Shores, CA 94065

721 PORTWALK Pl #2703 Redwood Shores, CA 94065

Price: $485,000

Beds: 2
Baths: 2
Sq. Ft.: 850
$/Sq. Ft.: $571
Lot Size: -
Property Type: Condominium
Year Built: 1987
Stories: 1-3 (Low Rise)
View: Neighborhood
Neighborhood: Boardwalk
County: San Mateo

Last sale:

Mar 07, 2007 Sold $545,000  

Loss if sold for asking: $60,000 or 11%

Brand new listing that’s close to Oracle.  This might be good for a single person, but it is still overpriced since the median price per squarefoot in Redwood Shores is under $500 now.

1206 Lake St Millbrae, CA 94030

1206 Lake St Millbrae, CA 94030

Price: $1,310,000

Beds: 3
Baths: 2
Sq. Ft.: 2,300
$/Sq. Ft.: $570
Lot Size: -
Property Type: Single-Family Home
Year Built: 1963
View: Panoramic, Bay
Region: San Mateo County/South
Area: Millbrae
County: San Mateo

Last sale:

Aug 24, 2007 Sold $1,400,000  

Loss if sold for asking: $90,000 or 6.4%

This is a nice looking house in Millbrae, but I’m not sure if it’s worth 1.3 million.  Then again, I never understood why Millbrae is so expensive.

590 Lisbon St Daly City, CA 94014

590 Lisbon St Daly City, CA 94014

8units.jpg

Price: $1,498,000

Beds: -
Baths: -
Sq. Ft.: 10,348
$/Sq. Ft.: $145
Lot Size: -
Property Type: Apartments, 5-15 Units
Style: Contemporary
Year Built: 1971
Stories: 3
View: City Lights
Region: San Mateo County/Northwest

Last sale:

Jun 24, 2005 Sold $1,575,000



Loss if sold for asking: $77,000 or 4.9%

Another apartment building up for sale, but this one is in Daly City.  It seems like more and more multifamily buildings are coming up for sale, but it is tough for investors to get a loan these days since a lot of banks have cut off funding to investors entirely.

316 LUX Ave South San Francisco, CA 94080

316 LUX Ave South San Francisco, CA 94080

duplex.jpg

Price: $799,000

Beds: 6
Baths: 4
Sq. Ft.: 4,937
$/Sq. Ft.: $162
Lot Size: 5,600 Sq. Ft.
Year Built: 2004
Stories: 2
View: Neighborhood
Neighborhood: Old South SF/Rocca
County: San Mateo

This is a fairly new  duplex and it is already a short sale.  The realtor that posted the listing seems  very fond of  spaces and caps:

T H I S I S A S H O R T S A L E. .. S U B J E C T T O L E N D E R A P P R O V A L. O C C U P I E D O N E U N I T A N D R E N T T H E N E X T U N I T F O R A D D E D I N C O M E. THIS DUPLEX WAS A L M O S T B R A N D N E W . 3 B D R M E A C H. AND F A M I L Y RM. 2.5 BA. E A C H U N I T. L A R G E B D R M S. I D E N T I C A L U N I T. 2 C A R G A R A G E. APPT. ONLY