Comments on: Community Profile – Santa Anita Oaks

By: RCsellshomes

RCsellshomes — Mon, 20 Apr 2009 22:51:28 +0000

I know I am a bit late on viewing this blog, but just to let you know, the boundries you have highlighted for Santa Anita Oaks is incorrect. The boundries for Santa Anita Oaks goes from Foothill to Orange Grove Ave. and Baldwin to Santa Anita. It does not go beyond those boundries. Most of the lots are over 25,000 sq ft. going up to over an acre. These lots are mostly on the east side of San Carlos with the smaller lots on the west side.

Also, someone above said that most of these homes where bough by foriengers. That is really not true. Most of the people here have lived here for over 15 years with many here over 30 years. Only about 2% at this time are foriengers.

Thank you for your writeup. I live here and we absolutely love it. The people here are wonderful and full of life. We bought in 6/08 and we definately feel it was money well spent. This is a long term investment not a short one and we couldn’t be more pleased that we made such a great investment.

By: GiveMeABreak

GiveMeABreak — Fri, 31 Oct 2008 17:46:53 +0000

Dear, Sad Ju: Have you taken your medication today? Your middle name sounds like what you must be about to do to yourself next – Hang! You are on a major bummer and you’re bringing everyone down. This blog is about the beauty of a very few, special neighborhoods, not about the imperialistic fat cats who own these homes and will be the first to be blown up when the revolution comes if they haven’t already taken their own lives with arsenic pills while watching their salons “rot” around them. That’s the picture you paint up. Lighten up, Bubalah. every thing’s going to be alright.

By: A whole lot of land on Orange Grove | Arcadia Housing Blog

A whole lot of land on Orange Grove | Arcadia Housing Blog — Tue, 15 Jul 2008 13:02:50 +0000

[...] has a lot going for it: 1.3 acre lot, large 1-story home, 1,100sf guest house and the desirable Santa Anita Oaks community (aka “Upper Rancho”). This is as close as an Arcadia home will get to [...]

By: No Appreciation in the Hamptons | Arcadia Housing Blog

No Appreciation in the Hamptons | Arcadia Housing Blog — Tue, 17 Jun 2008 13:00:30 +0000

[...] property has joined the $2,000,000+ club. This one is located in the beautiful Santa Anita Oaks area, or “Upper Rancho Estate”. Bordering close to San Marino and South Pasadena, homes [...]

By: RanchGenie

RanchGenie — Tue, 27 May 2008 17:04:47 +0000

Although it looks like San Marino, its more so unique because of the homes, set back from the street and trees in this neighborhood. The area is rare in that there are hardly any sidewalks, allowing each house to exhibit its beauty all the way to the curve. Rarely would you find a street that even resembles this in South Pasadena, a beautiful neighborhood in its own way.

By: Ju Hang Ohn

Ju Hang Ohn — Fri, 28 Mar 2008 22:38:53 +0000

Typically the high end of housing does not see the correction until later in the bust. These are nice houses in upper end neighborhoods. Sadly, even these houses will correct 50% or more. Why? Because there are way too many upper end houses that people eagerly rushed into thinking the rise is prices would never end. Of course, many of these people are from a foreign land and do not understand the dynamics of RE here in the US. A bubble is a bubble, and irrational exuberance whether in the stock market or in housing always must correct to the mean, and most likely will overshoot o the downside. The FED fully knows that it created this mess, and that it will take up to a decade or more to work our way through this cheap money ponzi scheme. Prices will revert back to their pre-exponential rise, about 1995-1997 area, before it’s done. So, the longer these sellers hold on the more certain we will see a major sell-off later when they all realize at once that they need to dump their houses and get out as they cannot support the payments needed to stay. Who could…as others have noted the prices are ridiculously high, the music has stopped and yup, you are the sad folks holding the bag. Only a fool would buy now for any reason except they love the house and dislike wealth and money so desire to waste it on a “want” and not a “need”. Again, as noted there are and will be fewer of these high enders willing to part with so much money for a wooden box that rots in the rain and requires expensive maintenance and high utilities to keep it running. I for one will wait for newer greener homes that have similar features but cost way less to own and maintain due to new technology now coming to the building industry.

J.H. Ohn

By: Carlo

Carlo — Wed, 26 Mar 2008 21:21:49 +0000

thanks for the post. i hope to read some more.
Best regards from Sebbi

By: 626chump

626chump — Tue, 25 Mar 2008 16:52:42 +0000

looking into it further, i think the area i am referring to is along Meridian Ave., in the vicinity of where it crosses the 110 freeway. looking at the hybrid map on redfin, the lot sizes are fairly decent. i’d have to drive through that neighborhood again this weekend to give the exact location. it was definitely a small pocket though, but that can be attributed to the fact that South Pas is much smaller than Arcadia, and there isn’t as much room for huge lots.

By: SavedbyGrace

SavedbyGrace — Tue, 25 Mar 2008 16:13:03 +0000

Ah yes, I misread the comment – thanks for the clarification. That is indeed the south part of the city of Pasadena. I should have been more clear in my commentary above. My apologies.

It seems like 626chump knows of a pocket in the City of South Pasadena west of FairOaks by the 110fwy. I don’t remember what that neighborhood looks like.

By: 626chump

626chump — Tue, 25 Mar 2008 15:31:45 +0000

SBG, the listings you linked are actually in Pasadena (on the southern end). I thought Mark was asking about the homes in the city of South Pasadena itself, which is located a little more southwest of the properties you highlighted. Just hoping to clarify.