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On the Ground: Berkeley

  • The Servais-designed 3+/2.5 home at 1400 West View Drive in the Berkeley-Oakland hills (above) (see Home Girl’s take on it here) has had a $100K  price cut to $1,395,000 after 54 days on the market. A tipster notes: “$449 per sq ft seems like a deal for this place seeing that it last sold for $1,350K in Feb of 06. I went to an open house a few weeks back and the Servais design is gorgeous. There’s some incredible woodwork in that place.”
  • The recently built condo building at 2700 San Pablo Avenue in Berkeley (right) is to be sold at auction without ever having had a resident tenant. In a sign of the times, it is being put on the block to pay for the $10.8 million losses incurred by its owners, Carleton Place.
  • There’s still hope for sellers: 1225 Monterey Avenue (which I covered here), a 2/1 traditional bungalow built in 1921, closed escrow last week at $762,500, comfortably above its $719,500 asking price.
  • Berkeley scientists are behind a new driver-less bus that is guided by magnets embedded in the road and which was put the test last week in San Leandro. “Today’s demonstration marks a significant step in taking the technology off of the test track … towards deployment onto real city streets,” said Wei-Bin Zhang, from UC Berkeley. How many of us quaking Berkeley citizens will be willing to step on board is another question. Zhang did add: “Ultimately, it’s up to the community to decide which transit option is best for its members.” I think I’ll pass, thank you.

[Photo credit/San Pablo: Richard Brennerman.]

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