When 1125 Broderick first came on the market back in August, we lamented that flippers had sacrificed its Edwardian soul for flat fireplaces and parking. At the time, the newly renovated four-bedroom home, which also comes with an in-law suite, was listed for $3.499 million. It went into contract quickly but the sale fell through. Since then, the home has struggled to find a buyer, disappearing and reappearing on the market several times. Most homes that linger without a sale for a few months end up dropping their prices, but this place has opted for a contrarian approach, adding $100K to its price to land at $3.599 million.
The house was originally purchased back in 2013 for just $1.805 million. Its flippers gave it a down-to-the-studs renovation, even though it wasn't in bad shape, tearing our brick fireplaces and stripping intricate old woodwork. The modern look hasn't been resonating with buyers, but that doesn't seem to be deterring the sellers. Instead, the brokerbabble calls the home a "New Year holiday value" and even touts its "attention to historical detail."
· Watch this Anza Vista Edwardian Sacrifice its Soul for Parking [Curbed SF]
· 1125 Broderick [Official Site]