I’d be curious about that transaction. Not saying anything funny went on – but it strikes me as a VERY low price if the house didn’t have any serious (expensive) issues.
I’ve been seriously looking at Clairemont for multi-unit type properties (duplexes)… and they’re smaller overall square feet, same number of beds/baths… They are selling/closing higher than that. I’ve also been looking at rent in Clairemont pretty closely. Craiglist is a good way to get an idea of rents being asked… A quick check just now found that rents for 4br houses in clairemont rent for 1800-2400ish… depending in finish, whether they’re on a canyon (this one isn’t) etc.
Whoever purchased it got a good deal. But I don’t think it was a typical deal. Like I said – I’ve been tracking Clairemont. I think jpinpb has been too. I’d be curious what she thinks.