As pemeliza pointed out, it is on the freeway, but one heck of a drop from the 2006 price. 2940 Columbia sold for 725k, 57% off. I just can’t imagine how insane someone was to buy it during the bubble for almost 1.7 million. More than double the 2002 price. And if you ask me, sitting right there on the freeway, it’s still quite a chunk of change at 725k. Beautiful place and great view. I’m not sure about the location. In 2009 they were still trying to fetch 1.5 million. The bank approved the short sale last summer for 950k.
