Pinnacle #2003 – Sold

550 Front St #2003 – Floor Plan – Sold for $825,000

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This this middle-unit on the 20th floor facing east closed escrow today for just $10,000 less than the asking price. Not a bad price in this market for an upper floor unit that’s nicely decorated. Congratulations to the new owner!

Pinnacle #508 – Sold

550 Front St #908 – Floor Plan – Sold for $900,000 (+$100,000 for furnishings)

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This southwest corner unit on the 5th floor closed escrow today for an impressive $900,000, not to mention $100,000 for the furnishings as well for  a net price of $1,000,000.  Very impressive sale for a unit so low in the building.  Congratulations to the new owner!

Pinnacle #1401 – Sold

550 Front St #1401 – Floor Plan – Sold for $1,400,000

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This corner unit on the 14th floor closed escrow for $1,400,000, just under the asking price.  High enough up for sit down views of the bay and ocean beyond, yet not so high up to only be looking at the clouds.  Immaculately detailed, and lightly lived in as a 2nd home, no surprise to see it move quickly at a solid price.  Congratulations to the new owner!

Pinnacle #1101 – Sold

550 Front St #1101 – Floor Plan – Sold for $1,275,000

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This southeast corner unit on the 11th floor closed escrow for $1,275,000.  Nicely upgraded and maintained – presently it’s the only unit for sale on the south side of the building.  A little low for big water views, but due to the higher ceilings in the building, it’s about the equivalent of a 13th floor in the average building.  Congratulations to the new owner.

Pinnacle #902 – Sold

550 Front St #902 – Floor Plan – Sold for $409,000

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This east-facing 1 bedroom on the 9th floor closed escrow today for $409,000 – just a little bit less than the asking price.  The condo was priced bit higher than the most recent sales for 1 bedroom condos in the building, but being a bit higher up, no big surprise to see it close above $400,000.

Pinnacle #2004 – Sold

550 Front St #2004 – Floor Plan – Sold for $1,057,000

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This northeast corner unit on the 20th floor finally closed escrow for slightly under the asking price.  Pretty amazing to me – I think the seller could have sold it for quite a bit more if they had removed their tenant prior to the sale to make access easier.  Multiple balconies including a large deck on the east side of the building.  Top floor in the building for this particular stack of floor plans.  Congratulations to the new owner!

Pinnacle #803 – Sold

550 Front St #803 – Floor Plan – Sold for $440,000

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This REO/foreclosure listing on the east side of the building closed today for $440,000 – excellent price for the buyer.  Tax rolls show 911 sq ft, but builder’s brochure says 1012. Excellent price – expect a lot of activity on this one. First bank-owned listing in a while in the building.

Pinnacle #2003 – Sold

550 Front St #2003 – Floor Plan – Sold for $715,000

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This middle-unit on the 20th floor facing east closed escrow today for $715,000.  Pretty clear now that the market has been set for middle units on the east side of the building based on recent activity.  Congratulations to the new owner!