Wells Fargo exec pays $1.75M for Blu condo

Medium 30ba0de6c6136f4d3949e3d1f67354da Michael E. Fishman and Nicole L. Fishman bought the three-bedroom, two-bath penthouse condo at 631 Folsom St. in South of Market from Folsom Ventures LLC for $1.75 million on Aug. 19.

Mr. Fishman is executive managing director, executive VP and national director of loan originations with Wells Fargo Foothill Inc. in Santa Monica. He graduated from the Rochester Institute of Technology.

There are 108 units in the 21-story Blu condo development.

According to BlockShopper.com, there have been 35 condo sales in Western Addition during the past 12 months, with a median sales price of $659,000.

Address: 631 Folsom Street, Unit: Penthouse
Buyer(s): Michael E Fishman and Nicole L Fishman
Seller(s): Folsom Ventures LLC
Sale date: Aug. 19, 2009