Remember 4217 Fremont Condos? The developer for this 6 unit condo had sold two homes and turned the remaining homes into rental units. Apparently, one of the owners is trying to sell the unit using a sealed bid auction but did not received any bids. It seems to me that individual auction isn't as effective unless there's a critical mass grouped together. Maybe someone in the real estate industry will start providing this type of service where every month, a whole bunch of condos get auctioned off.