They did finally find a buyer for 421 26th (3br/3ba, 2900 sq. ft.), a late-70s "contemporary" (but hey, it ain't the 70s anymore) that was once a showpiece and now had become a major project.
The home was offered short as of Labor Day last year, starting at $1.449m – called an "auction price" on the flyer. That…
They did finally find a buyer for 421 26th (3br/3ba, 2900 sq. ft.), a late-70s "contemporary" (but hey, it ain't the 70s anymore) that was once a showpiece and now had become a major project.
The home was offered short as of Labor Day last year, starting at $1.449m – called an "auction price" on the flyer. That didn't draw multiple bids, though. A buyer did come in later, but walked partway through the short sale process.
In April this year, in "Steal This Shortie," we noted that the price had come down to $1.299m, pretty amazing for almost 3000 sq. ft. in a decent location on the plateau.
The sale has now closed for $1.240m, after the main lienholder declared, "lower the price and blow it out."
Find us another listing in the Sand that has sold for $427/PSF!
We've noted before that the home has a (long-ago) history as a Sophisticated Snoop tour show home, but now simply "shows its age." It has a "chopped-up, puzzle-like layout was just too daring and challenging to be near what most buyers would want now," we noted.
Now it's someone's project. Working with that layout, the custom windows, and everything that needs help will be a fascinating process. But if you start out low enough, it just may be worth it.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 19th, 2024 at 12:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.