Bay Area Property Listed for $400K Despite Being Underwater
TL;DR
A property in Alameda, California, bought at auction for $100,100, is now listed for sale at $400,000 after the new owner discovered it is entirely underwater. The listing, described as a "water lot," highlights its prime location near amenities, though building on it would be costly.
Topics:businessreal-estate#alameda#investment-opportunity#property-listing#real-estate#real-estate-auction#underwater-property
- Owner lists property for sale after buying it without realizing it is entirely underwater WHIO
- Underwater Alameda property selling for $400K KTVU FOX 2 San Francisco
- You can own prime property in this Bay Area city for $400000 but there's a catch... KGO-TV
- Property investor bought Bay Area 'bargain' for $100,000 sight unseen - then got horrible surprise. Can you se Daily Mail
- Property Available on Alameda's Exclusive Grand Street for Just $400K Alameda Post
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