I don’t think it’s that outrageous. There was another unit in the same building sold below list last August:
The one I posted is a 3 br but smaller, I think maybe it will go for $50K higher? Don’t quote me on this though. I do wonder why this is so much cheaper than some other condos. I wonder if there is HOA restriction on rentals?
Just because they ask doesn’t mean they will get it. Why would anybody pay that much for Hunters Point when there are news like this at least once a week?
They are one and the same. Think of it this way. Say you are still working in tech and need to commute to downtown SF everyday. Would you rent in Van Ness or Hunters Point for the same rent?
So we now have condo samples up and down 101, and they cost about the same. This one in Millbrae can rent for 3.2k according to Zillow. So from MV, to SM, to MB condos cost about the same and rent for the same. Only in SF can they rent for 4k and above.