The activity over at 2530 Sacramento this week turned its nose up at the latest negative housing reports. Listed at $1,295,000 in mid May, the vacant two-unit building is being sold via probate and is subject to court confirmation. This means that the accepted offer heads to court, a date is set, and then others can attend the court date and outbid the accepted offer.
The property garnered multiple offers, with the accepted one clocking in at…$1,905,000. So if you’re still interested in outbidding that baby, you’re gonna need to come up with a minimum of $2,000,750. What recession? Just goes to show you where the market is for vacant two-unit buildings in prime San Francisco locations.