Pinnacle in Downtown San Diego

Pinnacle #604 – Re-Listed

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550 Front St #604 / Pinnacle #604 – Floor Plan – Re-Listed – $1,089,000

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This 6th floor corner unit being flipped, but after about 6 weeks on the market at a very high price, no takers and the listing has expired and as expected has been re-listed to reset the clock on the market time..  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….

Pinnacle #604 – Expired

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550 Front St #604 / Pinnacle #604 – Floor Plan – Expired

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This 6th floor corner unit being flipped, but after about 6 weeks on the market at a very high price, no takers and the listing has expired.  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….  Expect to see it refreshed shortly.

Pinnacle #408 – Pending

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550 Front St #408 / Pinnacle #408 – Pending

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Less than a week on the market and this this southwest corner unit on the 4th floor is now in escrow.  Not the largest of floor plans, but one of the more popular ones for a lower level unit.  This one features the blue cabinet package in the kitchen, and also dark marble in the bathrooms.  The price isn’t bad compared to the other recent sales of lower level units on the front of the building.  I think this will sell more quickly than other options available right now on the east and north sides.

Pinnacle #408 – New Listing

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550 Front St #408 / Pinnacle #408 – New Listing – $1,049,000

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New to the market at the Pinnacle is this southwest corner unit on the 4th floor.  Not the largest of floor plans, but one of the more popular ones for a lower level unit.  This one features the blue cabinet package in the kitchen, and also dark marble in the bathrooms.  The price isn’t bad compared to the other recent sales of lower level units on the front of the building.  I think this will sell more quickly than other options available right now on the east and north sides.

Pinnacle #604 – New Listing

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550 Front St #604 / Pinnacle #604 – Floor Plan – New Listing – $1,090,000

Full Details:  Click Here

This 6th floor corner unit being flipped.  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….

Pinnacle #1403 – New Listing

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550 Front St #1403 / Pinnacle #1403 – Floor Plan – New Listing – $1,095,000

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After quite some time without any new listings for less than $1.3M or $1.4M, here’s a new listing on a 14th floor east-facing 2 bedroom. This plan offers 2.5 baths as well as almost no wasted space.  Conversely, the price is a big high for an east-facing unit, and the kitchen has the blue/purple cabinets vs the more traditional brown. We’ll see how they do, with the inventory so low, I actually think they’ve got a chance even though the asking price is about $30,000 higher than it was just a few months ago before it had come off the market for the holidays.

Pinnacle #2802 – Sold

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550 Front St #2802 / Pinnacle #2802 – Floor Plan – Sold for $1,325,000

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After a few months in escrow, this detailed and staged is this 28th floor northeast corner unit has finally closed escrow for $1,325,000 – a bit below the most recent asking price.  It offers 3 bedrooms as well as a bar for entertaining.  Nice patio size and views from this perch that looks out above the Horizons building.  Shows well – question will be how much of a discount someone wants for being on the east side of the building vs. the west side.  To answer the question, it’s about a 15% difference in this market comparing #2802 to #3003.  Congratulations to the new owner!

Pinnacle #1706 – Sold

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550 Front St #1706 / Pinnacle #1706 – Floor Plan – Sold for $1,150,000

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This 17th floor west-facing 2 bedroom closed escrow for $1,150,000 – just above the bottom end of the asking price range.  This plan offers 2.5 baths as well as almost no wasted space.  On the bright side, it does come with 4 parking spaces.   The red cabinets are a challenge for most, but for some a bonus.  With the inventory so low, no surprise to see the quick sale.  Looks like the bar has been set for a “standard sized” 2 bedroom with a safe water view in Downtown San Diego in a premium building.

Pinnacle #1706 – Pending

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550 Front St #1706 / Pinnacle #1706 – Floor Plan – Pending

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Now in escrow after a few weeks on the market…  After quite some time without any new listings for less than $1.3M or $1.4M, here’s a new listing on a 17th floor west-facing 2 bedroom.  This plan offers 2.5 baths as well as almost no wasted space.  On the bright side, it does come with 4 parking spaces.   The red cabinets are a challenge for most, but for some a bonus.  We’ll see how they do, with the inventory so low, I actually think they’ve got a pretty good chance for a quick sale.  I’ll post again once it closes.

Pinnacle #1403 – Withdrawn

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550 Front St #1403 / Pinnacle #1403 – Floor Plan – Withdrawn

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Temporarily off the market… After quite some time without any new listings for less than $1.3M or $1.4M, here’s a new listing on a 14th floor east-facing 2 bedroom.  This plan offers 2.5 baths as well as almost no wasted space.  On the bright side, it does come with 4 parking spaces.   Conversely, the price is a big high for an east-facing unit, and the kitchen has the blue/purple cabinets vs the more traditional brown.  We’ll see how they do, with the inventory so low, I actually think they’ve got a chance. I’ll post again once it’s back on the market.