608 Calle Ernesto Cerra in Santurce cuts its ask to $1,495,000
The four-unit property at 608 Calle Ernesto Cerra in Santurce, San Juan, is now advertised at $1,495,000, its second price cut in under two months. The ask stood at $2,225,000 when the property came back on the market on August 25, 2026, so it has come down by $730,000, or 32.8%.
Two cuts since August
Copies of the ad at $2,225,000 followed on other broker sites over the next week. On September 8, 2026 the ask fell to $1,990,000, a cut of $235,000 or 10.6%.
From October 21, 2026, the ads began showing $1,495,000, a further $495,000 or 24.9% off. Two copies of the ad are still live at $1,990,000.
Bought for $401,515 in 2024
The property sold on May 2, 2024 for $401,515. Even after both cuts, the current ask is $1,093,485 above that price. It had been advertised at $360,000 from April 1, 2024, a month before that sale.
The ad describes the property as recently renovated, with four separate units holding 8 bedrooms and 7 bathrooms, 1,858 sq. ft. of interior living space and 4,316 sq. ft. in all, counting a carport, terraces and a rooftop deck with a private pool. It also offers seller financing.
Multi-family asks in Santurce
Santurce has 88 multi-family properties for sale, this one included, with a median ask of $1,050,000. At $1,495,000, this property is among the 24 asking that much or more.
