Comments on: Who’s the Lucky One? http://www.arcadiahousingblog.com/2008/04/24/whos-the-lucky-one/ Tracking the Arcadia and San Gabriel Valley Housing Market Thu, 20 Nov 2008 17:27:35 +0000 http://wordpress.org/?v=2.5.1 By: george8 http://www.arcadiahousingblog.com/2008/04/24/whos-the-lucky-one/#comment-1834 george8 Thu, 24 Apr 2008 14:31:48 +0000 http://www.arcadiahousingblog.com/2008/04/24/whos-the-lucky-one/#comment-1834 It looks like the owners have not done anything to improve the property for a long time. It is so dated. However, since it has a decent lot and yard, I'm willing to estimate as follows: $2000 rent and GRM 180 makes it $360k. It is just another WTF listing price that will sit and sit.... The unqualified buyer did a nice and wise trick to get out of this one. Good job! It looks like the owners have not done anything to improve the property for a long time. It is so dated.

However, since it has a decent lot and yard, I’m willing to estimate as follows: $2000 rent and GRM 180 makes it $360k.

It is just another WTF listing price that will sit and sit….

The unqualified buyer did a nice and wise trick to get out of this one. Good job!

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