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	<title>Arcadia Housing Blog &#187; Property Profiles</title>
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	<link>http://www.arcadiahousingblog.com</link>
	<description>Tracking the Arcadia and San Gabriel Valley Housing Market</description>
	<lastBuildDate>Mon, 22 Dec 2008 18:50:43 +0000</lastBuildDate>
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			<item>
		<title>**Update** Empty McMansion #2 &#8211; SOLD!</title>
		<link>http://www.arcadiahousingblog.com/2008/08/29/update-empty-mcmansion-2-sold/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/29/update-empty-mcmansion-2-sold/#comments</comments>
		<pubDate>Fri, 29 Aug 2008 13:00:04 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=675</guid>
		<description><![CDATA[Back in February we profiled a series of empty McMansions in Arcadia. Most of them were brand new, big and overpriced. After a total of 217 days on the market, the following McMansion on 8th Street finally sold.
Original listing price: $2,980,000 ($398/sf)
Final sales price on 6/12/08: $2,600,000 ($347/sf)
The 13% price reduction might not seem significant [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/29/update-empty-mcmansion-2-sold/feed/</wfw:commentRss>
		<slash:comments>21</slash:comments>
		</item>
		<item>
		<title>Tale of Two Properties</title>
		<link>http://www.arcadiahousingblog.com/2008/08/28/tale-of-two-properties/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/28/tale-of-two-properties/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 13:00:54 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=669</guid>
		<description><![CDATA[Today we have two properties that could not be more different. One is a 69 year old &#8220;sold as-is&#8221; home located in the Northern hills of Arcadia. It isn&#8217;t a flattering place but you supposedly get a &#8220;Great city light view&#8221;.
The second property is a typical 5,100sf McMansion located near Longden and Baldwin Ave. It [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/28/tale-of-two-properties/feed/</wfw:commentRss>
		<slash:comments>13</slash:comments>
		</item>
		<item>
		<title>$1.8MM McMansion near Monrovia</title>
		<link>http://www.arcadiahousingblog.com/2008/08/26/18mm-mcmansion-near-monrovia/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/26/18mm-mcmansion-near-monrovia/#comments</comments>
		<pubDate>Tue, 26 Aug 2008 13:00:13 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=666</guid>
		<description><![CDATA[1235 Magnolia Ct.
Arcadia, CA 91006

 Price: $1,800,000 ($418/sf)

Beds: 	5
Baths: 	4.5
Sq. Ft.: 	4,304
Lot Size: 	10,729 Sq. Ft.

This McMansion is part of a new 5-home cul-de-sac located East of 10th Ave. and near the Monrovia borderline:


It is so far from the other McMansion neighborhoods that these 4,000+ square foot properties look completely out of place:

During the height [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/26/18mm-mcmansion-near-monrovia/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Location location location</title>
		<link>http://www.arcadiahousingblog.com/2008/08/21/location-location-location/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/21/location-location-location/#comments</comments>
		<pubDate>Thu, 21 Aug 2008 13:00:24 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=653</guid>
		<description><![CDATA[1030 Heritage Oaks Dr.
Arcadia, CA 91006

Price: $1,098,000 ($336/sf)

Beds: 	6
Baths: 	4
Sq. Ft.: 	3,265
Lot Size: 	10,220 Sq. Ft.
Year Built:	1976

At first this property seemed like a decent deal assuming you can knock $100-200k off the asking price. A 6 bedroom SFR for $336/sf? Seems like a steal in this bubble market. Then I started browsing through the photos. [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/21/location-location-location/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>Priced to Sell or Priced to Sit?</title>
		<link>http://www.arcadiahousingblog.com/2008/08/20/priced-to-sell-or-priced-to-sit/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/20/priced-to-sell-or-priced-to-sit/#comments</comments>
		<pubDate>Wed, 20 Aug 2008 13:00:52 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=648</guid>
		<description><![CDATA[123 Eldorado St #A
Arcadia, CA 91006

Price: $589,000 ($405/sf)

Beds: 	3
Baths: 	2.5
Sq. Ft.: 	1,453
Property Type	Attached, Townhouse

OWNER PURCHASED THIS PROPERTY AT YEAR 2005 FOR $575,000 AND SPENT $20,000 TO UPGRADE KITCHEN COUNTER TOP, CABINETS, HARDWOOD/TILE FLOOR AND GARAGE FLOOR. THIS IS PRICED TO SELL.
Here&#8217;s a seller hoping to get out of his 2005 purchase with a minimal loss. [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/20/priced-to-sell-or-priced-to-sit/feed/</wfw:commentRss>
		<slash:comments>17</slash:comments>
		</item>
		<item>
		<title>$888k &#8211; Lucky enough to find a knife catcher?</title>
		<link>http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/#comments</comments>
		<pubDate>Tue, 19 Aug 2008 13:00:20 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=645</guid>
		<description><![CDATA[The following property is profiled by the request of one of our readers. It seems like many people are attracted to these PUD/townhomes. If you&#8217;re not into yard maintenance, driveways or require large lots to entertain with, then I suppose this is the perfect property for you!
901 Holly Ave.
Arcadia, CA 91007

Price: $888,000 ($334/sf)

Beds: 	3
Baths: 	3.75
Sq. [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/19/888k-lucky-enough-to-find-a-knife-catcher/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>$5,000,000 on Fallen Leaf</title>
		<link>http://www.arcadiahousingblog.com/2008/08/16/5000000-on-fallen-leaf/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/16/5000000-on-fallen-leaf/#comments</comments>
		<pubDate>Sat, 16 Aug 2008 13:00:39 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=641</guid>
		<description><![CDATA[1061 Fallen Leaf Rd.
Arcadia, CA 91006

Price: $4,998,000 ($643/sf)

Beds:	7
Baths:	7.25
Sq. Ft.:	7,769 (8,000sf+ incl. guest house)
Lot size:	 1.05 Acres

There&#8217;s not much to say about this property. The home is big, the lot is huge and the price&#8230; just under $5,000,000.
With 1 acre of land to work with, there&#8217;s no chance this home can be overbuilt like the hundreds [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/16/5000000-on-fallen-leaf/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>$700k and 4 blocks from Monrovia</title>
		<link>http://www.arcadiahousingblog.com/2008/08/15/700k-and-4-blocks-from-monrovia/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/15/700k-and-4-blocks-from-monrovia/#comments</comments>
		<pubDate>Fri, 15 Aug 2008 13:00:18 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=638</guid>
		<description><![CDATA[1535 Loganrita Ave.
Arcadia, CA 91006

Price: $700,000 ($393/sf)

Beds: 	3
Baths: 	2
Sq. Ft.: 	1,779
Lot Size: 	0.31 Acres

This is a new listing so no pictures have been posted yet. Fortunately, we won&#8217;t need photos to see how this story will unfold. The property is East of 10th Ave. and borderline Monrovia. In fact, it is about 5 big blocks [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/15/700k-and-4-blocks-from-monrovia/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Short Sale on Oxford &#8211; 100% financing to failure</title>
		<link>http://www.arcadiahousingblog.com/2008/08/14/short-sale-on-oxford-100-financing-to-failure/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/14/short-sale-on-oxford-100-financing-to-failure/#comments</comments>
		<pubDate>Thu, 14 Aug 2008 13:00:25 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=635</guid>
		<description><![CDATA[315 N. Oxford Dr.
Arcadia, CA 91007

Price: $980,000 ($463/sf)

Beds: 	2
Baths: 	2
Sq. Ft.: 	2,117
Lot Size: 14,680sf

Today&#8217;s property is a short-sale listing for $120,000 more than its 2006 purchase of $860,000. I&#8217;m certain that the buyer went through the following thought process:

Purchase this fixer-upper with 100% financing.
Borrow more money for extensive remodeling and upgrades.
Re-sale the home for $1,300,000+
Profit!!

But [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/14/short-sale-on-oxford-100-financing-to-failure/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>And the prices come tumbling&#8230;</title>
		<link>http://www.arcadiahousingblog.com/2008/08/12/and-the-prices-come-tumbling/</link>
		<comments>http://www.arcadiahousingblog.com/2008/08/12/and-the-prices-come-tumbling/#comments</comments>
		<pubDate>Tue, 12 Aug 2008 13:00:23 +0000</pubDate>
		<dc:creator>TheArcadian</dc:creator>
				<category><![CDATA[Property Profiles]]></category>

		<guid isPermaLink="false">http://www.arcadiahousingblog.com/?p=631</guid>
		<description><![CDATA[For a while now I have estimated that Arcadia home prices will drop down to $250/sf for low-end condos, $300-350/sf for average single family homes and $400/sf in the most desirable neighborhoods. Of course, there are factors such at views, large lots, gated communities and property age that will command a premium beyond $400/sf.
Let&#8217;s take [...]]]></description>
		<wfw:commentRss>http://www.arcadiahousingblog.com/2008/08/12/and-the-prices-come-tumbling/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
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