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LibDemAlways

(15,139 posts)

39. So Cal in general is ridiculous, but certain areas are

Reply to PasadenaTrudy (Original post)

Thu Jul 17, 2014, 07:37 PM

Jul 2014

beyond all reason. In the tony suburb of Palos Verdes, a friend's totally beat up old house was sold recently when her elderly mother died. An investor paid $750k for the lot, tore down the old eyesore, bulit a standard 3+2 and quickly sold it for the full asking price of $1.7 million. The property taxes alone woud be killer. How people can afford it is beyond me.

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Does this house seem kind of expensive to you? [View all] PasadenaTrudy Jul 2014 OP

Location location location Boom Sound 416 Jul 2014 #1

There are houses nearby even more expensive Lurks Often Jul 2014 #2

Nope house prices are insane. Johonny Jul 2014 #3

OMG!!! pipi_k Jul 2014 #4

Looks pretty good to me...no work needed, looks like it has a small guest house or granny flat.. Tikki Jul 2014 #5

Beautifully maintained, nice curb appeal, highly desireable area eissa Jul 2014 #6

You've lived in SoCal all your life and you only just noticed that real estate is expensive? MindPilot Jul 2014 #7

Uh no PasadenaTrudy Jul 2014 #9

Yes, Pasadena. Location is everything. oldandhappy Jul 2014 #8

Not in Pasadena PasadenaTrudy Jul 2014 #11

oops! oldandhappy Jul 2014 #12

Well even for California it does appear excessively steep rock Jul 2014 #10

LOL! Politicalboi Jul 2014 #29

Looks like the house my uncle bought in that same area for $35K in 1995. haele Jul 2014 #13

Do they not have inspectors where you live? MattBaggins Jul 2014 #41

Uh, yes. mnhtnbb Jul 2014 #14

wow. that would sell 140, 150 here. maybe 160 in the more upscale streets, not neighborhood. lol. seabeyond Jul 2014 #15

I have friends who have bought in the outlying areas Beaverhausen Jul 2014 #16

That's just bizarre to me. In my neck of the woods - Southern VT/NH - Vinca Jul 2014 #17

Our last home was similar to that, albeit Skidmore Jul 2014 #18

Very expensive. I love CA but real estate is so high there... polichick Jul 2014 #19

You can buy 5000 sq feet here for less than that. MuseRider Jul 2014 #20

I believe it steve2470 Jul 2014 #21

Or for the price of their bathroom... theHandpuppet Jul 2014 #22

LOL. I think your fellow DUers have answered your question. If you want better prices, try Ventura. Hekate Jul 2014 #23

I live in Vandenberg Village upaloopa Jul 2014 #30

Thanks! PasadenaTrudy Jul 2014 #32

The equivalent in SB is "a San Roque charmer," which is Realtor-speak for teensy and pricey... Hekate Jul 2014 #36

My daughter is a UCSB student who rents in IV. LibDemAlways Jul 2014 #37

We live in Ventura County and our residential income property just appraised.. Tikki Jul 2014 #44

A pedestal sink and no bidet in the bathroom? How gauche! Buns_of_Fire Jul 2014 #24

Definitely Cali_Democrat Jul 2014 #25

insane dsc Jul 2014 #26

location matters and it looks like the homes in this area are about the same , you can probably JI7 Jul 2014 #27

Yeah JustAnotherGen Jul 2014 #28

That's in Pasedena where two scientist live together in a shitty apartment itsrobert Jul 2014 #31

Bazinga MattBaggins Jul 2014 #42

Yes, but I'm in the DC area. elleng Jul 2014 #33

A studio apt. PasadenaTrudy Jul 2014 #34

As long as people are willing to pay liberal N proud Jul 2014 #35

True dat PasadenaTrudy Jul 2014 #38

So Cal in general is ridiculous, but certain areas are LibDemAlways Jul 2014 #39

Kind of? pnwmom Jul 2014 #40

it doesn't even have a pool? IcyPeas Jul 2014 #43