Buying a condo conversion right now would be the worst decision you’ll ever make in your life. These things are going drop big time over the next couple years. Condos in general are not a good investment, in a down market they get hit the hardest because outside of investors there is not a large market for them. A condo conversion is even less desirable than a regular condo. Bottom line, you will lose your ass if you buy this.
Median condo price in San Diego will be less than 200K within a couple years.
