Mountain View Condo


#1

Blast from the past! I passed on this condo back in 2012. I forgot to un-fav it and it just showed up on my alert today.

My old note said it could be rented for $1690. It eventually sold for 283K in Aug 2012. I must thought at the time rent was too low for the price.

:sob: :sob: :sob: :sob: :sob:

Fast forward to today:

Just closed for 827K. Tripled in 6 years. Rent is still weak. Only $2700 today.


#2

The FOMO is real.


#3

I wish I had more FOMO back in 2012. :sob:


#4

You think you will say that about 2018?

/remind @manch in 5 years


#5

The SF SOMA condo @harriet posted couple days back is about the same price, but rent is 4.5K instead of 2.7. Maybe I’ll buy that one instead.


#6

This is not reddit, does that even work?


#7

Don’t forget my red envelope in five years :tanabata_tree:


#8

Lol, no. It was a joke :stuck_out_tongue: I’m glad it wasn’t lost on everyone on the board though :smiley:


#9

I actually really liked that one too…


#10

Here’s another reminder South Bay’s rent really sucks compared to the city’s.


#11

At this rate I’m gonna earn my red envelope before @sfdragonboy does…


#12

You just need to show up to a meetup and you’ll receive it :slight_smile:


#13

Well to be fair, you aren’t comparing the same-same. If this was 2/2 townhouse style down here it would net closer to 3300-3500. I do wonder what Harriett closes for though…


#14

Even a semi-decent 2/1 condo in SF can be rented for 3.5k minimum. TH 1k more at least. Biggest headache is existing and potentially upcoming rent control crap. Landlords are mostly despised up here. :cry:


#15

Here a room in a townhome rents about 1500 last i checked, probably a year or two ago.


#16

When is the next one happening? Ready to collect some :moneybag: :smile:

Not to spam even more but apparently my street (ahem) has another vacant triplex (exterior is not my cup of tea but it’s been sitting on the market for over a month):


#17

THOU SHALT NOT BUY MULTI-FAM IN SF !!!


#18

Bold move. That is wgy they look cheap. At least this one comes vacant :slight_smile:


#19

Multi-fam price is falling in SF. I noticed many had to reduce their asking price. You never see that in SFH or condos.


#20

Does sf have anri Airbnb regulations