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SANTANA Row


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2012 Sep 18, 3:56am   5,872 views  10 comments

by crazydesi   ➕follow (0)   💰tip   ignore  

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1   Ceffer   2012 Sep 18, 4:16am  

$850 per sq ft for a four story condo. I suppose a drug lord could take a para-glider off the balcony to escape when the feds come crashing into the first floor.

2   PockyClipsNow   2012 Sep 18, 4:23am  

Its reasonably priced IF you can get the following financing:

purchase price 3m
int only loan at 1%

payments: 2500+1200 HOA= 3600 a month.

Easily it would rent for more.

I read zukerberg has a 1% mortgage. must be common and ez!! Maybe seller will finance.

3   Goran_K   2012 Sep 18, 5:35am  

1% interest only loan on a $3,000,000 property is reasonable?

4   REpro   2012 Sep 18, 7:28am  

Ceffer says

$850 per sq ft for a four story condo. I suppose a drug lord could take a para-glider off the balcony to escape when the feds come crashing into the first floor.

Drug lord will purchase this condo together with owner’s finger to open the safe.

5   Facebooksux   2012 Sep 18, 8:33am  

Darrell In Phoenix says

PockyClipsNow says

Its reasonably priced

lmao.

Buddy..... we build that for $50/square. That is no more reasonably priced that you pimps are honest.

Even better is the fact that the entire neighborhood surrounding Santana Row is a fucking ghetto.

6   PockyClipsNow   2012 Sep 18, 12:14pm  

its reasonable with the right financing!!

non recourse

seller carries

zero down

cash back at close

come on people! this is CA - everything shady you can make up is legal here.

7   New Renter   2012 Sep 18, 1:30pm  

At that price I'd demand the right to piss on all the peasants walking below...

8   bg   2012 Sep 18, 7:49pm  

2.5 million in 2005. Immune to the bubble on this resale.

9   37108605   2012 Sep 18, 9:55pm  

Goran_K says

1% interest only loan on a $3,000,000 property is reasonable?

On fantasty island it is.

10   Goran_K   2012 Sep 19, 1:29am  

PockyClipsNow says

its reasonable with the right financing!!

Throughout my career, I've seen all manner of financing model. Sir, that model is offensive quite frankly.

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