Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Tuesday, January 13, 2009
New Condos San Francisco
There are some very good investment opportunities in new San Francisco high rises these days. Rents are up and holding their prices well while sales prices are down especially in the newer communities near the Bay Bridge and the ball park. If you compare annual rents to purchase price (the GRM), that ratio has become significantly better. GRMs unheard of in San Francisco for decades. Call me for some great investor deals with good equity upside in the future.
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