Solid--2267 Clinton Ave, Alameda, CA

|
While we're revisiting old favorites, I submit that the overpriced cut-up Victorian jigsaw puzzle (9 units? Give me a break) at 2267 Clinton will be on the market well beyond its owners' lifetimes. Heck, the way it's going, the owners' children might die of old age still clinging to their $1.5M price point.

It's back as MLS(r) #40402191, at the new, low, low price of $1,425,000.

Based on the MLS(r) photos, there isn't much left of the property's much-vaunted Victorian character. Carpet, carpet everywhere, and not an unrented square inch to breathe. The (terrible) MLS(r) photos suggest some of the units are empty (so much for $114,600 yearly income), the two photographed kitchens look incredibly cheap, characterless and cramped, and other than the picture and chair rails and some woodwork that would take some effort to remove, there doesn't seem to be anything remotely Victorian left in this once-glorious carved-up house. And remember these are the official, cherry-picked photos aimed at representing the house in its best light to prospective buyers.

I am thoroughly underwhelmed. I could see paying $600,000 for the (enormous) building, lot and location, maybe, and spend another $200,000 turning it back into a real house. Not a penny more.

Update 1/8/10: And again, for a little less this time ($1,369,000).

About this Entry

This page contains a single entry by L. Opine published on March 27, 2009 11:45 PM.

Manicured--1019 Santa Clara Ave, Alameda, CA was the previous entry in this blog.

Id lk 2 buy vwl--410 Bryant Avenue, Alameda, CA is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.