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NCgirl
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| 08/27/2008 9:38 AM |
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| I doubt anybody on this board is in any position to buy this place. |
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Caligirl43
Posts:135
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| 08/27/2008 9:46 AM |
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| I agree with 92101 Resident. Maybe they could film the next Batman movie there. Perhaps that would keep it out of foreclosure. |
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HighRiser
Posts:42
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| 08/27/2008 9:50 AM |
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| Caligirl43 "It's not personal, it's just business." That's what the Mafia say just before they shoot you! |
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GerMan
Posts:4
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| 08/27/2008 10:04 AM |
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http://www.sdlookup.com/MLS-081015633-645_Front_St_2004_San_Diego_CA_92101
Here is the other penthouse in. Just so you can see what the unit would look like with a little more taste. It actually fits in with the downtown theme. Why would anyone waste there money on the batcave when this unit is in the same building and at half the cost.
Still too much imo |
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Brian
Posts:2240
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| 08/27/2008 10:28 AM |
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Posted By NCgirl on 08/26/2008 6:40 PM
OMG! I used to know that guy...way back from the early -mid 90's. He is actually really nice and and quite the looker too. He had a really, really nice place right on the board walk in Mission Beach. It was decorated very modern though...but VERY decorated, I thought it was strange for a young , straight guy to have such a perfect place...and also wondered how trimming palm trees made that much $$$. Jim Shaw, too funny. I stand corrected he is not some old foriegn guy, just a San Diego hot guy.
You just like him because he was hot, hahaha...... He might be fat and ugly now.
Come on, a $12 million listing and can't pay piddly property taxes? Give me a break. This guy asked for it. If he didn't want people talking about him, he shouldn't have babbled to the press trying to pump and dump his property.
Live by the sword, die by the sword.
BTW, this property is not owned by any LLC, it's owned by husband and wife.
Nobody in their right minds would buy this place. If one wanted to impress, one would be better off buying a Picasso and hang it on a blank wall. At least with the Picasso, you can pack it up, transport it and move it 1/2 way around the world without losing equity.
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Horst
Posts:33
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| 08/27/2008 10:35 AM |
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Posted By Caligirl43 on 08/27/2008 9:31 AM
I don't think Brian posting the defaults is mean. People need to know that sort of information if they're seriously considering buying this place. It's not personal, it's just business, y'all.
Too funny. Like anybody on this site is "seriously" considering buying a $7M condo. |
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Caligirl43
Posts:135
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| 08/27/2008 10:48 AM |
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| Well Horst, according to some of the posts I read on here some of these people "claim" to make a hefty sum of money! |
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Caligirl43
Posts:135
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| 08/27/2008 10:52 AM |
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| Shoot, somebody on here could actually be Donald Trump in disguise. Ya never know. |
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Betty
Posts:147
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| 08/27/2008 12:37 PM |
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Yeah, but even Donald Trump would not engage into such an obvious bad deal.
On the other hand, Trump's place looks similar - cost tons of money, shows absolutely no taste! |
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Horst
Posts:33
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| 08/27/2008 12:44 PM |
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Posted By Caligirl43 on 08/27/2008 10:52 AM
Shoot, somebody on here could actually be Donald Trump in disguise. Ya never know.
I guess anything is possible, but probably more likely to be that good-for-nothing son of his.
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HighRiser
Posts:42
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| 08/27/2008 1:13 PM |
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Posted By GerMan on 08/27/2008 10:04 AM
http://www.sdlookup.com/MLS-081015633-645_Front_St_2004_San_Diego_CA_92101
Here is the other penthouse in. Just so you can see what the unit would look like with a little more taste. It actually fits in with the downtown theme. Why would anyone waste there money on the batcave when this unit is in the same building and at half the cost.
Still too much imo
That's pretty sweet. I have never liked those chandeliers though. At least you can toss out the furniture when you get fed up with it without having to do a major rebuild like in the Bat Cave. Have you noticed how carefully staged this is with all the books placed artfully in just the right places? I have to say, nice as it is it is still not as tricked out as one of the units I have seen in Pinnacle, which was truly a design tour de force. |
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twocents
Posts:78
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| 08/27/2008 3:55 PM |
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| HA! Caligirl figured it out.....Brian is Donald Trump's ALIAS!!!!! |
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Caligirl43
Posts:135
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| 08/27/2008 7:26 PM |
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| I actually think Trump's place looks worse - way more gaudy than the San Diego condo. |
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Goingup?
Posts:154
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| 08/29/2008 8:02 AM |
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It's never a good investment decision to trick out a cheap house that turns it into the highest priced one in the neighborhood.
The owner of the Penthouse at Pinnacle is spending a few millions and few years to "trick" out her unit, but then she paid 11M for it.
Pretty clear this unit will go into forclosure. I'll be very interested to see what it ultimately sells for. |
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artist
Posts:83
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| 08/30/2008 11:19 AM |
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I have been in this place and it is actually nice. It is not to my taste and I think it defeats the open floorplan by covering most of the windows but it is actually well done. There has to be at least a few million in materials and improvements and it shows. My bet is if it were to list a $5M it would go in a heartbeat. Go to Rancho Santa Fe or LaJolla and there are many houses that have this same look. There are still lots of Italians in the SD area don't forget.
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Brian
Posts:2240
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| 08/30/2008 11:35 AM |
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Posted By artist on 08/30/2008 11:19 AM
My bet is if it were to list a $5M it would go in a heartbeat.
The tax basis of the property is $5,875,000. The owners claims as much.
With the taxes outstanding, you're looking at about $6,000,000.
That unit won't list or sell for $5,000,000 because the sellers need to pay their debts and cover their carrying costs.
I agree with Goingup (which is not often) that this unit is headed for foreclosure. If a rich buyer really wanted this place (and I suspect he would be a very rare buyer), he should wait for the foreclosure then approach the bank directly with an all cash offer.
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artist
Posts:83
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| 08/30/2008 12:48 PM |
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Here is the boat to go with it. LOL
http://yachtbroker.escapeartist.com/boats/action/view/boat/64/index.html |
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Brice
Posts:11
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| 08/30/2008 7:51 PM |
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| I must admit I like it, but I always have a problem with decorating a home with a style which doesn't belong, maybe that's all that was available in properties? Kinda reminds me of a friends house in Chicago, very very old money but the style fit the building. And what grand workmanship! Maybe he wants to adopt? |
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Brian
Posts:2240
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Brian
Posts:2240
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| 09/05/2008 8:18 PM |
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Notice that both listings are by Prudential.
I bet that #2202's listing is an attempt to make
#2203 seem like bargain.
We'll see if there a stupid millionaire out there who will fall for this.
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