We all know that the market is tight and there’s nothing for sale – especially in the sub $300K range. I have a client who owns a 9th floor, 748 sqft loft at Smart Corner. The condo has an extra large balcony (compared to similar units) and faces east. My guess is that you could rent out the unit for about $1600/mo fairly easily. It’d be great to rent out to people at the City College, Cal Western Law, or anyone else who wants to be downtown.
The condo is an open loft, allowing you to design the space however you want. Or, you could build out a bedroom with drywall, screens, sliding panels, bookshelves, etc. Smart Corner is located on Park Blvd, between Broadway and C Street. The trolley station runs right next to it and you get some incredible views from the roof top deck (which is where the hot tub is).
This condo is brand new and will probably hit the MLS in January or February (but it can be sold now). If you’re interested in seeing this condo before it hits the market, let me know and I can set it up. Thanks