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PriceSpotter: REO in Downtown's Toy Factory Lofts

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PriceSpotter wonders how the Arts District is holding up. And this week's guessing games involves a property that is for sale. That's right, please guess what the ASKING price is of this property.

What/Where: One bedroom, one bathroom at 1855 Industrial Way in downtown's Arts District
Size: 990 square feet
Good to know: Came to market 7 days ago. Bought as foreclosure/REO. Sold for $525,000 in `05
More details: "Stunning loft/w polished blk concrete flrs and 12 ft ceilings. Kitchen has blk gloss cabinets, stainless steel appliances; Sub Zero ref. Bathrm has 6 jet shower with granite tile, Toto Japanese toilet. Custom cabinet/closet separates bed area. Wired for 3 flt screen TV's. Bldg has roof top pool, fireplace, cabanas and incredible city and mountain views. Additional BBQ & grass area, 24 hr security/doorman. Secure covered parking."
Guesses in the comments