Well we have made the determination that the property-chunk of dirt that "house" sits on is worth more than that building itself-use the "Cat" "Eraser" and start over!A Cat excator with demolition bucket could help!And would be FUN!!
Move-in ready if your name is "Porky"
- Thread starter twintubdexter
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delaneymeegan
Well-known member
I doubt the cities have to offer incentives when properties are priced like this.
twintubdexter
Well-known member
Obviously the article I "lifted" these photos from was done to produce shock value. California's a big state and there are still many attractively priced homes around. I recently watched a real estate program that featured several very nice, fairly new homes in gated communities here in the Palm Springs area around $250,000. It is sad to think that if that house above were in Ralph's (rp2813) neighborhood the price would be a great deal more than $475K.
LOL Bob!!
<span style="font-family: verdana, geneva;">I thought exactly the same thing. I overlooked all that mess and zeroed in on the WK Dishwasher. I guess great minds think alike.</span>
<span style="font-family: verdana, geneva;">I thought exactly the same thing. I overlooked all that mess and zeroed in on the WK Dishwasher. I guess great minds think alike.</span>
ovrphil
Well-known member
Twin - real estate was always pricey in that area. I lived near Northridge - Canoga Park and Woodland Hills. I never saw anything quite as bad looking as this house. Though not in San Fernando Valley, as an example of how homes are valued, our friends live a mile from Redondo Beach - just a modest 2-bedroom house that they've done very little to over the past 40 years. A home in lesser condition than theirs, behind them, was listed as "newly renovated." Upon closer examination, it was a mess; leaky water hookup from main line to house, floppy loose cement pad(s), bad framework on front door (that always makes an impression!), etc. It listed for $800,000 and sold for $760,000 early last year, 2015. But what is commonly done, you know what's coming....they tear down the ranch and build a multi-story because the lot sizes are fairly generous in this area of Redondo Beach.
Sure surprised me - what a house. Flipping houses at age 81? There's hope yet.
Phil
It actually sold for $760K and was listed close to $800K
Sure surprised me - what a house. Flipping houses at age 81? There's hope yet.
Phil
It actually sold for $760K and was listed close to $800K
This "home" was featured on TV's INSIDE EDITION tonight! Their take is that it will be sold and flipped.
