pinnacle san diego

Pinnacle #1007 – Back on the Market

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550 Front St #1007 – Floor Plan – Back on the Market

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This 1 bedroom unit which was in the process of being converted into a “medieval” studio on the west side of the building with a nice bay view is back on the market. Seller at this point will only entertain cash offers due to the difficulties caused by the condition of the unit and the building litigation for lenders.

Pinnacle #3201 – Pending

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550 Front St #3201 – Floor Plan – In Escrow

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Patience may have paid off for this seller on the south side of the 32nd floor.  Unparalleled views and large square footage as well – it’s now in escrow and word has it fairly close to the asking price.  I’ll post when it closes.  Unique floor plan – only a couple in the building.

Pinnacle #1708 – Sold

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550 Front St #1708 – Floor Plan – Sold for $1,315,000

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This southwest corner unit sold for $1,315,000 – about $225,000 less than the asking price. Per the MLS it actually went from active status to sold status directly, likely meaning the previous buyer who was in escrow performed in the end. The market seems to have spoken that 01 and 08 units are pretty firmly worth $1.1M to $1.4M.

Pinnacle #1004 – Pending

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550 Front St #1004 – Floor Plan – In Escrow

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After a few months on the market, this northeast corner unit is now in escrow.  The sister to this unit on the same floor which has a better water view should be closing shortly, so it’ll be interesting to see the difference in price from the west side to the east side of the building when they’re both sold.

Pinnacle #1007 – In Escrow

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550 Front St #1007 – Floor Plan – In Escrow

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This 1 bedroom unit which was in the process of being converted into a “medieval” studio on the west side of the building with a nice bay view has moved from contingent to pending.  This means the short-sale offer to sell the unit was approved by the bank, so we should see the closing sometime in the next 30-45 days.

Pinnacle #1708 – Pending

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550 Front St #1708 – Floor Plan – In Escrow

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This southwest corner unit is officially in escrow – as of now, nothing is available for less than $2,000,000 on the south side of the building, making it a great time to sell if you own an 01 or 08 unit…  I’ll post when this closes.