This one was a surprise for me because I never noticed that it was for sale. Suddenly, I saw the protective fencing appear, and luckily I took this photo on Sunday, September 28, 2014 because the house was demolished sometime during the following week.
The house was built in 1938 on a 33x130 lot, and the 2014 assessment was just over $1.5 million. Since there was no for sale information that I could find, perhaps this is a family's project. Not absolutely every demolition can be assumed to be by developers or for investment purposes. I've come across at least two so far, and there could be more because remodeling an existing house is often more problematic than starting over, due to complex city regulations.