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Check this property out….
http://www.sdlookup.com/Property-E17128B7-4627_Ocean_Blvd_414_San_Diego_CA_92109
Purchased 12/05 for 850K. Just listed for 795-850. The unit below sold for 669K last month. It’s 300 sqft smaller and one less bdr but it still looks like a push for them to get over 800K.
So yes it can go down.