DEAL – Short Sale at Discovery

Posted on June 13, 2008 | by Denny Oh

Discovery850 Beech Street, San Diego, 92101

2 BR + Den, 2 BA, 1,640 square feet

Imagine walking through your front door and being able to see 180 degrees of unobstructable city and bay views. Or imagine sitting on either of your two balconies, enjoying the warm San Diego weather. Oryou can just hang out inside, in almost 1,700 square feet.

Unit 1505 at Discovery is about to be back on the market. It’s a short sale and the last buyer is walking away from an incredible deal. The bank will accept an offer of $850,000 – way below what the exact same unit sold for just 2 floors above it. Unit 1705 sold in October of 2007 for $1,195,000. Again, this is the exact same floor plan, only 2 floors higher (yes, it did have some more upgrades, but hardly enough to account for a $345,000 premium).

This condo has 2 bedrooms, a den and 2 full bathrooms. At 1,680 square feet, youre only paying $506/sq.ft. and youre getting great views! Unit 1505 also has low HOAs of $631 a month.

Discovery was built in 2002 by BOSA and I think it has some of the best floor plans of any building Downtown. Discovery has 22 stories and offers an outdoor lap pool and jacuzzi on the 10th floor. The building also has concierge service, a fitness center, steam and sauna rooms and a lounge area. If youre looking for a home thats in a great building, but not too hectic, check out Discovery.

This is a great deal.

Contact Denny Oh to see this unit, or any others. mailto:[email protected]

858“243“2092

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2 Comments

  1. Liz Bankston says:

    You have a great real estate blog, sandiegoh – I have enjoyed scrolling through all the articles – you do an excellent job of keeping the reader entertained and interested – just like Chris at The Tomato said – love the way you have your articles break and continue. I lived Pacific Beach for the summer during college and thought it was beautiful – thanks for sharing all the photos of the San Diego Bay. Liz Bankston, http://www.AtlantaInTheKnow.com

  2. Denny Oh says:

    Liz,

    Thanks for the kind words. PB is a great place to live and I love it. Thanks for reading!