Comments on: $1.775MM for land. Really sucky land.

By: Ken

Ken — Thu, 24 Jul 2008 16:38:58 +0000

Wait until the seller goes under, pick it up at the base of the trough for pennies on the dollar, do a little fixup, plant a victory garden and orchard in that HUGE back yard…

I wonder if that’s enough arable acreage to make a big dent in the ever-increasing grocery bills? And the “gentleman farmer’s back forty” when the fruit trees grow in WOULD damp down the noise from the 210…

By: Arcadia Lost

Arcadia Lost — Sat, 19 Jul 2008 07:51:39 +0000

I’d say some of those involved in the 1.55M purchase should keep an eye out for cars of men and women in black suits stopping outside their homes or offices. Maybe an Indymac special.

By: phantom600rr

phantom600rr — Fri, 18 Jul 2008 16:14:58 +0000

I really feel bad for the residents of properties in that stretch between Foothill Blvd and the 210 Freeway. I do not know much about air pollution, but I’m sure the levels are quite high in that area. And neeedless to say, the noise level is way up there! I wonder if the houses in that area were built before or after the existence of Foothill Blvd and the 210…

By: george8

george8 — Fri, 18 Jul 2008 13:12:46 +0000

The second transaction in 2005 appeared to be fishy being $500k higher in just two months. I wonder if there was any dirty dealing involved to get more cash from the lender?

This one can really go low, as low as $750k in 2011.