What would you pay for this condo?

[Scotty Scott]

This condo is new development. I'm interested in making this my primary residence. The complex is in a not so busy area, not unlike downtown los angeles. rarely any foot traffic.

It is listed for $347k, however I think they are expecting to net at least $300k. Let me know what you think.. I don't think its worth anywhere near that price, given the problem with the columns. It is the only unit in the complex that has this "feature" and has been on the market since the early 2007.

http://www.flickr.com/photos/scottyscott/sets/72157617848158735/

The HOA is $369/mo. Property Tax is 1.19%.

There is no pool, or gym. only an enclosed courtyard with BBQ stations and seats..

The neighborhood is not quite a location someone would raise a family. . more for young professionals like myself. Just businesses, but no nearby schools. mostly in an industrial area.

Anyway suggestions would be much appreciated!

Thank you!