1233 BELLEVUE Ave #1 Burlingame, CA 94010

Price: $818,000

Last sale:

Loss if sold for asking: $51,000 or 5.9%

This actually looks like a well maintained townhome in a good part of Burlingame.  However, buying this home at the current price would work out to be quite a bit more than just renting in the same area.   Looks like there are no defaults or late payments on this home so it may take a while for the price to be lowered because I don’t think the owners are that desperate.  There are open homes scheduled for three Sundays starting this Sunday.  You can see it on 2/22, 3/1, and 3/8 from 2 to 4 pm.

1561 WESTMOOR Rd Burlingame, CA 94010

Price: $775,000

Last sale:

Loss if sold for asking: $75,000 or 8.8%

Sep 05, 2008 Listed

Here is another Burlingame rancher that’s being listed for way too much.  Seems like it took just about 2.5 months to sell in 2006.  I wonder how long it is going to take this time.  Open house is today 1/25 from 1pm to 4pm.

Price: $838,000

Last sale: Jul 28, 2006 Sold $900,000
Loss if sold for asking: $62,000 or 6.9%

This is a decent home in a nice area of San Carlos.  The pictures look like it was staged and there will be an open house this weekend on January 25th from 1pm to 4pm.   Even though it is a nice neighborhood it is still a bit too expensive at $698 per square foot so I expect this one to drop a bit more.

1561 WESTMOOR Rd Burlingame, CA 94010

Price: $775,000

Last sale: Aug 28, 2006 Sold $850,000

Loss if sold for asking: $75000 or  8.8%

This small pre-World War 2 home is pretty much backed up onto El Camino Real so it might be a little bit noisy and it is still $705 per square foot .  There is an open house this weekend on 1/25/09 from 1 to 4.

721 PORTWALK Pl #2703 Redwood Shores, CA 94065

Price: $485,000

Last sale:

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

Price: $1,310,000

Last sale:

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

Price: $1,498,000

Last sale:

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.

300 SAND HILL Cir #203 Menlo Park, CA 94025

Price: $1,225,000

Last sale:

Loss if sold for asking: $75,000 or 5.8%

Listing history:

This is a nice condo on a golf course, and after being listed for 2 months it’s already had a $200k price cut.  There is an open house tomorrow from 1 to 4pm.

3291 BRITTAN Ave San Carlos, CA 94070

Price: $879,000

Last sale:

Loss if sold for asking: $51,000 or 5.5%

This is a brand new listing and there will be an open house on Jan 25th from 1 to 4.  This is one of the cheaper homes in San Carlos in terms of price per square foot and it is in a fairly good neighborhood in the hills.

1150 GREENWOOD Ave San Carlos, CA 94070

Price: $1,448,850

Last sale:

Loss if sold for asking: $91150 or 3.84%

This is a 13 unit building that sold in 1988 for 760k and 1998 for 750k.  If history repeats itself, it is supposed to be worth $740k now.  However, San Carlos is a good area that gets decent rents, so this could be a good investment.