Rare is the high-end property around here that sells for the initial asking price. The question is: how far does the number have to drop before someone bites? Here are the week’s top reductions….
Back on the market after a six-week break, a sexy staging, and a substantial reduction—2084 Alisos Drive (↓$345K to $4.15M) is ready to be snapped up. / Open Sunday, 1-4 p.m.
340 E. Los Olivos Street (↓$254K to $2.995M) also had a respite, a professional zhooshing-up, and a price-chop. The 1911 house looks fantastic—love the gleaming woodwork, the wide porch, and the deck with a view of a bunya-bunya tree. The big question is to what degree the location (cater-corner from the Mission) affects the livability.
The 1920 house at 120 Chapala Street (↓$51K to $2.4M), between West Beach and the train station, has been reduced repeatedly since it first came on the market for $2.8 million in May of 2018. The triangular shape could pose design challenges, and the very blue kitchen and the bathrooms want updating, but the location is highly walkable….
421 Montgomery Street (↓$100K to $2.095M) is a trio of cottages two blocks from the Mission; the single-bedroom ones are rented, but the two-bedroom one could be yours. / Open Saturday, 2-4 p.m., and Sunday, 1-4 p.m.