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 … Continue reading **Update** Empty McMansion #2 – SOLD!
Today we have two properties that could not be more different. One is a 69 year old “sold as-is” home located in the Northern hills of Arcadia. It isn’t a flattering place but you supposedly get a “Great city light view”. The second property is a typical 5,100sf McMansion located near Longden and Baldwin Ave. … Continue reading Tale of Two Properties
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 … Continue reading $1.8MM McMansion near Monrovia
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 … Continue reading Location location location
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’s a seller hoping to get … Continue reading Priced to Sell or Priced to Sit?
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’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 … Continue reading $888k – Lucky enough to find a knife catcher?
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’s not much to say about this property. The home is big, the lot is huge and the price… just under $5,000,000. With 1 acre of land to work with, … Continue reading $5,000,000 on Fallen Leaf
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’t need photos to see how this story will unfold. The property is East of 10th Ave. and borderline Monrovia. In … Continue reading $700k and 4 blocks from Monrovia
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’s property is a short-sale listing for $120,000 more than its 2006 purchase of $860,000. I’m certain that the buyer went through the following thought process: Purchase this fixer-upper with 100% financing. Borrow more money … Continue reading Short Sale on Oxford – 100% financing to failure
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’s … Continue reading And the prices come tumbling…
*** EPIC FAILURE – I profiled the following property and praised it for being priced correctly. Unfortunately, some other listings have convinced me that this is a 55+ senior condo complex. If that is really the case, then $383,900 is probably near the highest this property would go for. *** 1126 W Duarte Rd #5 … Continue reading $383k REO Condo on Duarte
587 Fairview Ave. Arcadia, CA 91007 Price: $400,000 ($350/sf) Beds: 2 Baths: 2 Sq. Ft.: 1,144 Lot Size: Attached, Condominium This is part of the whole community of condos and apartments on the South-side of Huntington Dr. and Baldwin Ave. It’s not exactly a flattering property and $400,000 is definitely a wishing price. Add in … Continue reading $150k Overpriced Condo
220 E Sycamore Ave. Arcadia, CA 91006 Price: $887,000 ($435/sf) Beds: 4 Baths: 2.5 Sq. Ft.: 2,038 Lot Size: 0.27 Acres Today’s featured profile is at the request of an AHB reader. If you are ever interested in a property, feel free to shoot me a email with the address and Redfin link. I won’t … Continue reading 48 Years of Ownership – $887k Equity
330 W. NAOMI Ave. Arcadia, CA 91007 Price: $3,680,000 ($451/sf) Beds: 7 Baths: 7.5 Sq. Ft.: 8,166 Lot Size: 0.59 Acres Words cannot describe what I feel abou this property. Although I can understand why your multi-millionaire dollar celebraties and sport stars would buy an 8,000sf+ mansion/estate, why would anyone spend $3.6MM on a McMansion … Continue reading 8,000sf McMansion – Makes me cry
Before we get started on the next post, I just wanted to point out the Comment Tracker on the right-side of this site. It has been reset to reflect on the current month’s comments. It’s more for entertainment than anything else but perhaps SavedbyGrace will reward the monthly top commenter(s) with some free goodies. **Our … Continue reading REO NOT priced to sell at $221/sf
41 E Winnie Way Arcadia, CA 91006 Price: $850,000 ($546/sf) Beds: 3 Baths: 1.75 Sq. Ft.: 1,557 Lot Size: 8,100 Sq. Ft. This is a fairly decent starter home built in 1956. While it lacks the charm or extravagance of newer properties, you get adequate living area, privacy and some upgraded features. Unfortunately, the $850,000 … Continue reading No Poo for Winnie – 100% Return after 5 years?
2222 S. 2nd Ave. Arcadia, CA 91006 Price: $2,888,000 ($414/sf) Beds: 5 Baths: 5.5 Sq. Ft.: 6,981(!) Lot Size: 0.38 Acres Today’s new listing is a 6,981sf McMansion sprawled across a 1/3 acre piece of land. The description calls it a “Gorgeous Luxury Custom Built Estate.” Of course, we all know that this “custom home” … Continue reading 7,000sf McMansion in Arcadia
48 W Le Roy Ave. Arcadia, CA 91007 Price: $1,300,000 ($754/sf) Beds: 4 Baths: 2 Sq. Ft.: 1,725 Lot Size: 0.44 Acres This seller did not provide any photos so I’m unable to comment on the physical condition of the home. All we have for now is a street photo (above) and the following description: … Continue reading $1.3MM for Land
605 Lorena Ave. Arcadia, CA 91006 Price: $695,000 ($363/sf) Beds: 4 Baths: 3 Sq. Ft.: 1,915 Lot Size: 4,918 Sq. Ft. I’ll great straight to it. This is a 32 year old freeway-loaded property. It is definitely in need of some TLC… no, scratch that. This home needs a complete renovation. Did I mention that … Continue reading A freeway-loaded Lorena
Today’s new listing is a property that, for the right price, would be a decent home. Although it backs up against Michillinda, you get decent living space, a 10,400sf lot and what looks like a floor plan that can be worked with. Of course, the asking price of $788,000 rubbish…. 1151 Drake Rd. Arcadia, CA … Continue reading The price is NOT right on Drake
2 E Longden Ave. Arcadia, CA 91006 Price: $799,000 ($519/sf) Beds: 3 Baths: 2 Sq. Ft.: 1,539 Lot Size: 8,370 Sq. Ft. During a normal housing market, rundown properties could be bought for cheap and flipped for a premium after proper rennovations. When we’re in a frenzy bubble era, “flipping” usually meant buying a home … Continue reading Flipping into trouble on Longden
Today’s homeowner is left holding the bag and desperately needs to sell the it before his 20% downpayment is gone. No pictures have been provided but the aerial photo is all we need to see… 344 W Foothill Blvd. Arcadia, CA 91006 Price: $1,775,000 ($685.sf) Beds: 3 Baths: 3.25 Sq. Ft.: 2,590 Lot Size: 1.14 … Continue reading $1.775MM for land. Really sucky land.
I have no doubt that the following property could have sold for nearly $1MM back in 2006. Fast forward two years later and we have an owner who believes he can still get $888k for a property purchased for half a million dollars less just 9 years ago. 1317 Holly Ave Arcadia, CA 91007 Price: … Continue reading Arcadia will see additional 30% declines
There is a popular saying among wannabe real estate gurus, There is nothing you can buy in desirable Los Angeles cities that will cashflow. Maybe they are right. Maybe they are wrong? How low will this property have to drop in order to align itself with comparable rental rates? 1022 W Duarte Rd #13 Arcadia, … Continue reading When will townhomes cashflow?
1160 W Orange Grove Ave. Arcadia, CA 91006 Price: $3,000,000 ($875/sf) Beds: 3 Baths: 3 Sq. Ft.: 3,427 Lot Size: 1.3 Acres This home 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 … Continue reading A whole lot of land on Orange Grove
Condos and townhomes are attractive to home buyers because they offer more living square footage per dollar and generally require less exterior maintenance. This is perfect for those who have no desire to maintain a 3,000sf yard or worry about landscaping. Of course, the responsibility of maintenance in condos is paid through HOA fees; so … Continue reading Evaluation of Townhomes
It was by coincidence that I profiled 4 freeway-loaded properties this week. We did not go out of our way to find them and they are all new or refreshed listings. So it did not surprise me to find another unfortunate seller on the market. 13 days running… any guess when the first price drop … Continue reading The Great Freeway Phenomenon
Two days ago I profiled a decent property on Oxford Drive that was overpriced by $200k. Today we have a home on the same street. It lacks the charm and desirability but asking for over $500 per square feet. 481 Oxford Dr. Arcadia, CA 91007 Price: $850,000 ($502 per sq. ft.) Beds: 3 Baths: 2 … Continue reading Knife catcher on Oxford
Some of you might think that I purposely seek out undesirable overpriced properties in Arcadia for the sake of bashing them. This is absolutely not the case. SavedbyGrace and I have profiled many homes that we love along with highlighting some of the best neighborhoods in the city. It just so happens that while many … Continue reading Freeway loaded. Kool-aid loaded.
348 Oxford Dr. Arcadia, CA 91007 Price: $990,000 ($430 per sq. ft.) Beds: 3 Baths: 1.75 Sq. Ft.: 2,300 Lot Size: 0.32 Acres I really like this home, its ranch design and location. Although the property is sitting on a third of an acre, the 2,300sf home is built in such a way that it … Continue reading Uninformed on Oxford
303 Joyce Ave. Arcadia, CA 91006 Price: $999,000 ($301 per sq. ft.) Beds: 4 Baths: 5 Sq. Ft.: 3,324 Lot Size: 8,999 Sq. Ft. At first glance, this home seems like a great deal. $1MM for a 3,324sf “custom-built” 2003 McMansion. Aside from the usual overbuilt living area, this owner opted for more garage space: … Continue reading McMansion for $301/sf
What is your $5MM dream home? Would it be an ocean-view Mediterranean Villa in Newport Coast? Perhaps you’re a Hollywood star and prefer a modest 2 acre Malibu estate? For the city dwellers, Los Angeles’ Avenue of the Stars offer many luxury high-rise condos. Of course, if you love the San Gabriel Valley, its “city … Continue reading $5.8MM… in Monrovia??
San Marino. A city known for its large lots, strict zoning laws, specific architectural design standards and the intent on keeping things the way they are. This is the city that people always compare South Pasadena to, but never the other way around. If you want to talk about old money, new money and foreign … Continue reading Arcadia vs San Marino – $1MM
Yesterday we got a taste of desirable South Pasadena and its $1MM homes versus Arcadia’s. Today, let’s pull a 180 turn and check out $1MM properties on the other side of town. Yes, even though I often bash Monrovia due to its recent crime problems and school ranking performance, some 37,000+ people still call it … Continue reading Arcadia vs Monrovia – $1MM
Part of my job task involves visiting new tract home developments and posing as a buyer. One day I am a single guy looking to blow money on a million dollar high rise condo; another I am a husband in desperate need of a “modest” 3,000sf home to raise my family of 2, 3 or … Continue reading Arcadia vs South Pasadena – $1MM
Two new homes have joined the $2MM+ club. On Friday I profiled a mansion that seemed like a decent deal due to its community and location. Worth your $2MM in the Highlands 2209 Canyon Rd Listing Price: $1,999,000 5,586sf Mountain Location Let’s see if the following homes deserve the same praise. The following is located … Continue reading New listings for $3MM and $5.5MM
So what does it take to sell a home in today’s market? I am regularly challenged by associates who say $350-400 per square feet is “normal” for a home in Arcadia. They can’t imagine anything selling for under $300/sf. I don’t blame them since a quick search on Redfin and NeighborCity will reveal that very … Continue reading REO sold for $246 per sq. ft.
Today’s seller is facing the cold hard reality of our housing crisis and has been forced to reduce his listing price by 26.6%. We originally profiled this property back in March and many of you guys agreed that it was ridiculously overpriced: Can’t See the Forest for the Trees Original listing price: $1,350,000 ($614/sf) 38 … Continue reading 26% Price reduction. Expect more on the way.
For those who commute into Downtown, Pasadena represents a likely alternative to Arcadia. As apparent by the following profiles, you will get more house for the money but a highly rated school district isn’t something you’ll be buying into. Pasadena School Rankings vs Arcadia School Rankings For ~$750,000, you can choose from these 3 homes … Continue reading Arcadia vs Pasadena – $750,000
Temple City is a small community-city bordering Arcadia and even crosses it in some areas. As seen on the map below, it is a little less than half the size of Arcadia, For all you TC Rams, I’ve highlighted your city in green. Today let’s look at what $630,000 will buy you in each city. … Continue reading Arcadia vs Temple City – $630k
Holy cow! I can’t keep up with all the new $2,000,000+ listing that keep popping up every other day. This will be an interesting Summer as all the folks who can’t afford their McMansions anymore try to pawn it off to a lucky clueless buyer. Heck, some of them will even try to make a … Continue reading $3.2MM McMansion – Still no privacy
Today we have two homes. They are both similar in size, acreage and condition. In this case, it’s the location and school district which will determine what their true market is. Which one would you buy? 5308 Garypark Ave. Arcadia, CA 91006 Price: $450,000 Beds: 3 Baths: 2 Sq. Ft.: 1,435 $/Sq. Ft.: $314 Lot … Continue reading Comparing two locations
I was going to save this newly listed property for Monday but it got me so excited that it’s only right I post about it today. Since Father’s Day is coming up and we’ll be busy with family, I will just leave this profile up over the weekend. I’d love to hear your thoughts regarding … Continue reading A $2.5MM Monstrosity. Part 1
Up for sale is a million dollar home located blocks from Monrovia and the gang shooting area months earlier. But that aside, if safety isn’t your top concern, then this property seems to be promising: 316 Laurel Ave Arcadia, CA 91006 Listing Price: $1,085,000 BEDS: 4 BATHS: 4.5 SQ. FT.: 3,201 $/SQ. FT.: $339 LOT … Continue reading Tour a Home – Get a Timeshare?
300 N. Altura Rd. Arcadia, CA 91007 Asking Price $1,399,000 ::: Sq-ft 2,366 Purchased Price $1,399,000 ::: Lot Size 13,680sf Purchased Date 10/16/2007 ::: Beds 4 Days on Redfin 1 ::: Baths 4 $/Sq-ft $591 ::: Year Built 1951 20% Downpayment $279,800 ::: Area Peacock Village Income Required $349,750 ::: Type SFR Est. Payment* $7,073/month … Continue reading Breaking Even on Altura Rd.
*** Update on 1511 Hyland Ave. *** We profiled this property back on April 21st. At the time, it was an REO listing for nearly $1,700,000 ($485/sf). Now it is back on the market with an updated pricing of $1,580,000 ($451/sf) and a modified description: No mention of REO status New photos Properly staged for … Continue reading Updated on Hyland REO
Before reading on, I wanted to let you know that the following property listing nearly floored me. We have profiled several ridiculously overpriced properties the last 2-3 weeks but this one gets to take home the prize. 1015 S 8th Ave Arcadia, CA 91006 Asking Price $1,180,000 ::: Sq-ft 1,374 Purchased Price $1,017,500 ::: Lot … Continue reading $1,180,000 for Dirt
2029 S. Baldwin Ave. Arcadia, CA 91007 Asking Price $718,000 ::: Sq-ft 1,859 Purchased Price $650,000 ::: Lot Size 7,480sf Purchased Date 5/4/2007 ::: Beds 3 Days on Redfin 17 ::: Baths 2 $/Sq-ft $386 ::: Year Built 1973 20% Downpayment $143,600 ::: Area Baldwin/Longden Income Required $179,500 ::: Type SFR Est. Payment* $3,630/month ::: … Continue reading Little to gain on Baldwin
Update* – Reduced to $1,294,876 (-$64,000) I profiled this property two months ago and it has since taken a $64k reduction in the asking price. As noted in the comments section of the original post, there was decent foot traffic through the open house back in March. Apparently nothing came about because it’s still on … Continue reading Highland Update*
815 E. Longden Ave. Asking Price $574,000 ::: Sq-ft 1,823 Purchased Price $575,000 ::: Lot Size 5,356 sqft Purchased Date 12/17.2004 ::: Beds 4 Days on Redfin 2 ::: Baths 2 $/Sq-ft $315 ::: Year Built 1965 20% Downpayment $114,800 ::: Area Near Monrovia Income Required $143,500 ::: Type SFR Est. Payment* $2,902/month ::: MLS# … Continue reading REO at 2004 Rollback Prices
68 W. Longden Arcadia, CA 91007 Asking Price $1,248,888 ::: Sq-ft 1,937 Purchased Price N/A ::: Lot Size 0.45 acres Purchased Date N/A ::: Beds 3 Days on Redfin 2 ::: Baths 2.25 $/Sq-ft $645 ::: Year Built 1938 20% Downpayment $249,777 ::: Area Santa Anita Income Required $312,222 ::: Type SFR Est. Payment* $6,314/month … Continue reading Another $1.2MM for land
114 W. Pamela Rd. Asking Price $1,298,000 ::: Sq-ft 3,424 Purchased Price $700,000 ::: Lot Size 7,500 Purchased Date 10/22/2001 ::: Beds 5 Days on Redfin 2 ::: Baths 4.5 $/Sq-ft $379 ::: Year Built 2001 20% Downpayment $259,600 ::: Area Baldwin Stocker Income Required $324,500 ::: Type SFR Est. Payment* $6,562/month ::: MLS# A08076815 … Continue reading Still just another McMansion
1219 S. 6th Ave. Arcadia, CA 91006 Asking Price $1,200,000 ::: Sq-ft 1,942 Purchased Price $1,230,000 ::: Lot Size 0.61 acres Purchased Date 2/21/2007 ::: Beds 3 Days on Redfin 166 ::: Baths 2 $/Sq-ft $618 ::: Year Built 1941 20% Downpayment $240,000 ::: Area Near Monrovia Income Required $300,000 ::: Type SFR Est. Payment* … Continue reading $1.2MM for Land. Are you a sucker?
443 Las Tunas Dr. Arcadia, CA 91007 Asking Price $775,000 ::: Sq-ft 1,020 Purchased Price $600,000 ::: Lot Size 0.26 acres Purchased Date 1/4/2008 ::: Beds 2 Days on Redfin 23 ::: Baths 1 $/Sq-ft $760 ::: Year Built 1941 20% Downpayment $155,000 ::: Area Las Tunas / Baldwin Income Required $193,750 ::: Type SFR … Continue reading 290% Return in 4 months
That’s who the average sellers are…hopeful romantics. If this were 2005, I can imagine the logic of buy, wait and resell for profit, but I find it difficult to comprehend that silly people were still doing that last year. The numbers are out for the month of April and DataQuick reported that Arcadia zipcode 91007 … Continue reading Hopeful Romantics
Day in and day out we profile properties in Arcadia and constantly remind ourselves how much money people would spend for good schools, good location and a generally a safe and welcoming neighborhood. Sometimes we forget that there are cities surrounding Arcadia that may offer more, or even less, home for the same price. I … Continue reading What Can You Buy With $759,000?
416 S. Old Ranch Rd. Asking Price $750,000 ::: Sq-ft 1,438 Purchased Price ? ::: Lot Size 9,000 sf Purchased Date ? ::: Beds 3 Days on Redfin 2 ::: Baths 2 $/Sq-ft $522 ::: Year Built 1941 20% Downpayment $150,000 ::: Area Peacock Village Income Required $187,500 ::: Type SFR Est. Payment* $3,792/month ::: … Continue reading Comp Killers
3137 Center St. Arcadia, CA 91006 Asking Price $459,900 ::: Sq-ft 1,987 Purchased Price $900,000 ::: Lot Size 10,202sf Purchased Date 10/23/2006 ::: Beds 4 Days on Redfin 10 ::: Baths 2 $/Sq-ft $231 ::: Year Built 1947 20% Downpayment $91,800 ::: Area Bordering El Monte Income Required $114,750 ::: Type SFR Est. Payment* $2,320/month … Continue reading Blast to the past
8 W. Camino Real Ave. Asking Price $718,000 ::: Sq-ft 1,956 Purchased Price $268,000 ::: Lot Size 8,875 Purchased Date 09/23/1993 ::: Beds 3 Days on Redfin 2 ::: Baths 3 $/Sq-ft $367 ::: Year Built 1969 20% Downpayment $143,600 ::: Area Santa Anita Income Required $179,500 ::: Type SFR Est. Payment* $3,630/month ::: MLS# … Continue reading $718k Short Sale
225 E. Longden Ave. Arcadia, CA 91006 Asking Price $1,200,000 ::: Sq-ft 1,817 Purchased Price $473,000 ::: Lot Size 0.58 acres Purchased Date 4/27/2000 ::: Beds 4 Days on Redfin 42 ::: Baths 2 $/Sq-ft $660 ::: Year Built 1945 20% Downpayment $240,000 ::: Area Longden/2nd Income Required $300,000 ::: Type SFR Est. Payment* $6,067/month … Continue reading WTF listing – $1.2MM for land
1043 Leandra Ln. Asking Price $858,000 ::: Sq-ft 2,103 Purchased Price $336,500 ::: Lot Size 9,060 Purchased Date 12/4/1997 ::: Beds 3 Days on Redfin 5 ::: Baths 2 $/Sq-ft $408 ::: Year Built 1975 20% Downpayment $171,600 ::: Area Foothill/210 Fwy Income Required $214,500 ::: Type SFR Est. Payment* $4,338/month ::: MLS# A08068681 *Estimated … Continue reading 4 Houses from the Freeway for $858,000
535 W. Duarte Rd. #41a Arcadia, CA 91007 Asking Price $428,000 ::: Sq-ft 1,218 Purchased Price $380,000 ::: Lot Size (Condo Complex) Purchased Date 11/4/2005 ::: Beds 2 Days on Redfin 83 ::: Baths 2 $/Sq-ft $351 ::: Year Built 1972 20% Downpayment $85,600 ::: Area Duarte/Lacadena Income Required $107,000 ::: Type Attached Condo Est. … Continue reading Condos on W. Duarte
521 Columbia Rd. Asking Price $719,777 ::: Sq-ft 2,082 Purchased Price $826,845 ::: Lot Size 9,750 sq-ft Purchased Date 02/20/2008 ::: Beds 4 Days on Redfin 2 ::: Baths 2.5 $/Sq-ft $346 ::: Year Built 1948 20% Downpayment $143,955 ::: Area Peacock Village Income Required $179,944/yr ::: Type SFR Est. Payment* $3,639/month ::: MLS# 12109825 … Continue reading 31% Off Peak in Peacock Village
612 N. 1st Ave. Asking Price $599,000 ::: Sq-ft 1,688 Purchased Price $586,000 ::: Lot Size 7,410 sq-ft Purchased Date 12/24/2007 ::: Beds 3 Days on Redfin 41 ::: Baths 2.5 $/Sq-ft $355 ::: Year Built 1941 20% Downpayment $119,800 ::: Area 210 fwy Income Required $149,750/yr ::: Type SFR Est. Payment* $3,029/month ::: MLS# … Continue reading Holy Freeway Noise Batman
152 W. Norman Ave. Asking Price $1,480,000 ::: Sq-ft 1,757 Purchased Price $1,400,000 ::: Lot Size 0.58 acres Purchased Date 03/31/2008 ::: Beds 3 Days on Redfin 34 ::: Baths 2 $/Sq-ft $842 ::: Year Built 1949 20% Downpayment $296,000 ::: Area Santa Anita Income Required $370,0 00/yr ::: Type SFR Est. Payment* $7,484/month ::: … Continue reading $1,075/sq-ft on Norman Ave – Update
812 Victoria Dr. Asking Price $748,000 ::: Sq-ft 1,256 Purchased Price $27,500 ::: Lot Size 7,675 sq-ft Purchased Date 07/11/1969 ::: Beds 2 Days on Redfin 2 ::: Baths 1 $/Sq-ft $596 ::: Year Built 1941 20% Downpayment $149,600 ::: Area Peacock Village Income Required $187,000/yr ::: Type SFR Est. Payment* $3,782/month ::: MLS# 22109279 … Continue reading Under $750k in Peacock Village
307 E. Duarte Rd. #B Asking Price $579,900 ::: Sq-ft ? Purchased Price ? ::: Lot Size ? Purchased Date ? ::: Beds 3 Days on Redfin 199 ::: Baths 3.5 $/Sq-ft ? ::: Year Built 1963 2007? 20% Downpayment $115,980 ::: Area Near Monrovia Income Required $144,975/yr ::: Type Attached Condo Est. Payment* $2,932/month … Continue reading More Bank Owned Foreclosures
905 Rodeo Rd. Asking Price $575,000 ::: Sq-ft 1,631 Purchased Price $628,000 ::: Lot Size 0.26 acres Purchased Date 09/01/2004 ::: Beds 2 Days on Redfin 11 ::: Baths 2 $/Sq-ft $353 ::: Year Built 1950 20% Downpayment $115,000 ::: Area North Arcadia Income Required $143,750/yr ::: Type SFR Est. Payment* $2,907/month ::: MLS# H08056514 … Continue reading Rodeo Casualty
5640 Hallowell Ave. Asking Price $619,000 ::: Sq-ft 1,396 Purchased Price $124,000 ::: Lot Size 6,098 Purchased Date 01/16/1985 ::: Beds 2 Days on Redfin 17 ::: Baths 2 $/Sq-ft $443 ::: Year Built 1952 20% Downpayment $123,800 ::: Area Live Oak Income Required $154,750/yr ::: Type SFR Est. Payment* $3,130/month ::: MLS# A08050209 *Estimated … Continue reading Who’s the Lucky One?
1233 S. 6th Ave. Asking Price $1,169,000 ::: Sq-ft 4,227 Purchased Price $1,500,000 ::: Lot Size 0.36 acres Purchased Date 07/15/2005 ::: Beds 5 Days on Redfin 2 ::: Baths 4 $/Sq-ft $277 ::: Year Built 1989 20% Downpayment $233,800 ::: Area Santa Anita Income Required $292,250/yr ::: Type SFR Est. Payment* $5,910/month ::: MLS# … Continue reading Back House REO
140 W. Foothill Blvd. Asking Price $770,000 ::: Sq-ft 1,735 Purchased Price $800,000 ::: Lot Size 0.33 acres Purchased Date 08/23/2006 ::: Beds 3 Days on Redfin 58 ::: Baths 1.75 $/Sq-ft $444 ::: Year Built 1947 20% Downpayment $154,000 ::: Area Santa Anita/fwy Income Required $192,500/yr ::: Type SFR Est. Payment* $3,893/month ::: MLS# … Continue reading Pre-Foreclosure Foothill Short Sale
1511 Hyland Ave. Asking Price $1,698,800 ::: Sq-ft 3,504 Purchased Price $1,500,000 ::: Lot Size 0.27 acres Purchased Date 01/07/2005 ::: Beds 6 Days on Redfin 4 ::: Baths 4 $/Sq-ft $485 ::: Year Built 1948 20% Downpayment $339,760 ::: Area Highlands Income Required $424,700/yr ::: Type SFR Est. Payment* $8,589/month ::: MLS# A08056374 *Estimated … Continue reading Hyland REO
38 W. Forest Ave. Asking Price $100,000 ::: Sq-ft 1,685 Purchased Price $610,000 ::: Lot Size 7,500 Sq. Ft. Purchased Date 07/8/2005 ::: Beds 3 Days on Redfin 98 ::: Baths 2 $/Sq-ft $59 ::: Year Built 1947 20% Downpayment $20,000 ::: Area Santa Anita/fwy Income Required $25,000/yr ::: Type SFR Est. Payment* $505/month ::: … Continue reading Single Family Home for $100k
2035 Highland Oaks Dr. Asking Price $1,350,000 ::: Sq-ft 2,810 Purchased Price $600,000 ::: Lot Size 0.32acres Purchased Date 07/14/1989 ::: Beds 3 Days on Redfin 185 ::: Baths 2 $/Sq-ft $480 ::: Year Built 1961 20% Downpayment $270,000 ::: Area Highlands Income Required $337,500/yr ::: Type SFR Est. Payment* $6,825/month ::: MLS# A07150855 *Estimated … Continue reading One Bubble Buyer After Another
2164 Canyon Dr. Asking Price $1,399,000 ::: Sq-ft 2,129 Purchased Price $1,180,000 ::: Lot Size 0.97acres Purchased Date 9/1/2006 ::: Beds 2 Days on Redfin 125 ::: Baths 2.25 $/Sq-ft $657 ::: Year Built 1959 20% Downpayment $279,800 ::: Area Highlands Income Required $349,750/yr ::: Type SFR Est. Payment* $7,073/month ::: MLS# 22103235 *Estimated monthly … Continue reading A Grand Canyon
1844 Anita Crest Dr. Asking Price $900,000 ::: Sq-ft 1,632 Purchased Price $616,000 ::: Lot Size 10,031 Purchased Date 12/11/2003 ::: Beds 3 Days on Redfin 118 ::: Baths 2 $/Sq-ft $551 ::: Year Built 1956 20% Downpayment $180,000 ::: Area Highlands Income Required $225,000/yr ::: Type SFR Est. Payment* $4,550/month ::: MLS# 22103393 *Estimated … Continue reading On the Crest
2165 Highland Vista Dr. Asking Price $899,500 ::: Sq-ft 1,873 Purchased Price $455,000 ::: Lot Size 0.87 acres Purchased Date 05/23/2001 ::: Beds 2 Days on Redfin 44 ::: Baths 2.25 $/Sq-ft $480 ::: Year Built 1960 20% Downpayment $179,900 ::: Area Highlands Income Required $224,875/yr ::: Type SFR Est. Payment* $4,548/month ::: MLS# 22106521 … Continue reading High Up in the Hills
1714 Highland Oaks Dr. Asking Price $1,358,876 ::: Sq-ft 2,788 Purchased Price $980,000 ::: Lot Size 0.28 acres Purchased Date 08/24/2007 ::: Beds 4 Days on Redfin 11 ::: Baths 3 $/Sq-ft $487 ::: Year Built 1957 20% Downpayment $271,775 ::: Area Highlands Income Required $339,719/yr ::: Type SFR Est. Payment* $6,870/month ::: MLS# 22107958 … Continue reading Highland
5674 Huddart Ave Asking Price $749,800 ::: Sq-ft 1,714 Purchased Price $245,000 ::: Lot Size 6,790 Purchased Date 09/15/2000 ::: Beds 3 Days on Redfin 41 ::: Baths 3 $/Sq-ft $437 ::: Year Built 1950 20% Downpayment $149,960 ::: Area Near El Monte Income Required $187,450/yr ::: Type SFR Est. Payment* $3,791/month ::: MLS# H08030314 … Continue reading Huddart
1642 N. Santa Anita Ave. Asking Price $898,000 ::: Sq-ft 1,978 Purchased Price $1,140,000 ::: Lot Size 9,750 Purchased Date 08/09/1991 ::: Beds 3 Days on Redfin 77 ::: Baths 2.5 $/Sq-ft $454 ::: Year Built 1952 20% Downpayment $179,600 ::: Area Highlands Income Required $224,500/yr ::: Type SFR Est. Payment* $4,540/month ::: MLS# A08010257 … Continue reading Not New to Exotic Financing
716 Joaquin Rd. Asking Price $775,000 ::: Sq-ft 1,452 Purchased Price $343,000 ::: Lot Size 9,000 Purchased Date 10/13/2000 ::: Beds 2 Days on Redfin 2 ::: Baths 1.75 $/Sq-ft $534 ::: Year Built 1948 20% Downpayment $155,000 ::: Area Peacock Village Income Required $193,750/yr ::: Type SFR Est. Payment* $3,918/month ::: MLS# A08049960 *Estimated … Continue reading Competition on Joaquin
1518 Highland Oaks Dr. Asking Price $1,198,000 ::: Sq-ft 2,435 Purchased Price $402,000 ::: Lot Size 0.45 acres Purchased Date 10/16/1992 ::: Beds 3 Days on Redfin 11 ::: Baths 2.25 $/Sq-ft $492 ::: Year Built 1951 20% Downpayment $239,600 ::: Area Highlands Income Required $299,500/yr ::: Type SFR Est. Payment* $6,057/month ::: MLS# A08042694 … Continue reading Highland History & HELOC Abuse
707 Joaquin Rd. Asking Price $699,000 ::: Sq-ft 1,513 Purchased Price $669,000 ::: Lot Size 8,625 Purchased Date 02/28/2005 ::: Beds 2 Days on Redfin 2 ::: Baths 1.75 $/Sq-ft $462 ::: Year Built 1947 20% Downpayment $139,800 ::: Area Peacock Village Income Required $174,750/yr ::: Type SFR Est. Payment* $3,534/month ::: MLS# H08047616 *Estimated … Continue reading Short Sale in Peacock Village
152 W. Norman Ave. Asking Price $1,888,000 ::: Sq-ft 1,757 Purchased Price $1,350,000 ::: Lot Size 0.58 acres Purchased Date 01/04/2008 ::: Beds 3 Days on Redfin 2 ::: Baths 2 $/Sq-ft $1,075 ::: Year Built 1949 20% Downpayment $377,600 ::: Area Santa Anita Income Required $472,000/yr ::: Type SFR Est. Payment* $9,546/month ::: MLS# … Continue reading $1,075/sq-ft on Norman Ave.
As the housing correction continues, inventory will increase and more properties will stay on the market without a transaction. Deceiving realtors often take a listing off MLS and Redfin, only to re-list right away in order to reset the days-on-market counter. This particular listing has been re-listed so many times I’ve lost count, but the … Continue reading 400+ DOM in Arcadia
1025 W. Huntington Dr. #K Asking Price $228,000 ::: Sq-ft 1,160 Purchased Price $200,000 ::: Lot Size 2,117 Purchased Date 10/28/2005 ::: Beds 3 Days on Redfin 25 ::: Baths 2 $/Sq-ft $197 ::: Year Built 1968 20% Downpayment $45,600 ::: Area Huntington Income Required $57,000/yr ::: Type Condo Est. Payment* $1,153/month ::: MLS# W08032144 … Continue reading On the Hunt
905 Singing Wood Dr. Asking Price $3,450,000 ::: Sq-ft 4,711 Purchased Price $2,400,000??? ::: Lot Size 0.89 acre Purchased Date 02/17/2006 ::: Beds 4 Days on Redfin 146 ::: Baths 5 $/Sq-ft $732 ::: Year Built 1966 20% Downpayment $690,000 ::: Area Santa Anita Oak Income Required $862,500/yr ::: Type SFR Est. Payment* $17,443/month ::: … Continue reading Still Singing?
1031 W. Foothill Blvd. Asking Price $1,998,000 ::: Sq-ft 3,754 Purchased Price $1,700,000 ::: Lot Size 44,100 (1 acre) Purchased Date 07/26/2005 ::: Beds 4 Days on Redfin 156 ::: Baths 4.25 $/Sq-ft $532 ::: Year Built 1956 20% Downpayment $399,600 ::: Area Santa Anita Oak Income Required $499,500/yr ::: Type SFR Est. Payment* $10,102/month … Continue reading Footing the Bill on Foothill
1537 Hyland Ave. Asking Price $1,250,000 ::: Sq-ft 2,567 Purchased Price $1,158,000 ::: Lot Size 10,880 Purchased Date 02/13/2007 ::: Beds 4 Days on Redfin 78 ::: Baths 3 $/Sq-ft $487 ::: Year Built 1948 20% Downpayment $250,000 ::: Area Santa Anita Oak Income Required $312,500/yr ::: Type SFR Est. Payment* $6,320/month ::: MLS# A08002615 … Continue reading High on Hyland
750 Arcadia Ave. #3 Asking Price $558,000 ::: Sq-ft 1,882 Purchased Price $415,000 ::: Lot Size 3,162 Purchased Date 03/02/2004 ::: Beds 3 Days on Redfin 42 ::: Baths 3 $/Sq-ft $296 ::: Year Built 1974 20% Downpayment $111,600 ::: Area Income Required $139,500/yr ::: Type SFR Est. Payment* $2,821/month ::: MLS# A08019933 *Estimated … Continue reading Arcadia Mania
420 Columbia Rd. Asking Price $898,000 ::: Sq-ft 2,000 Purchased Price $156,000 ::: Lot Size 9,060 Purchased Date 09/28/1984 ::: Beds 3 Days on Redfin 180 ::: Baths 1.75 $/Sq-ft $449 ::: Year Built 1948 20% Downpayment $179,600 ::: Area Peacock Village Income Required $224,500/yr ::: Type SFR Est. Payment* $4,540/month ::: MLS# A07140037 *Estimated … Continue reading Columbia Disaster
930 Panorama Dr. Asking Price $1,080,000 ::: Sq-ft 2,317 Purchased Price $960,000 ::: Lot Size 10,390 Purchased Date 12/01/2005 ::: Beds 3 Days on Redfin 196 ::: Baths 2 $/Sq-ft $466 ::: Year Built 1948 20% Downpayment $216,000 ::: Area Peacock Village Income Required $270,000/yr ::: Type SFR Est. Payment* $5,460/month ::: MLS# 22098482 *Estimated … Continue reading Futurama on Panorama
825 Coronado Dr. Asking Price $980,000 ::: Sq-ft 1,914 Purchased Price $733,000 ::: Lot Size 7,344 Purchased Date 07/05/2005 ::: Beds 4 Days on Redfin 17 ::: Baths 3 $/Sq-ft $512 ::: Year Built 1948 20% Downpayment $196,000 ::: Area Peacock Village Income Required $245,000/yr ::: Type SFR Est. Payment* $4,955/month ::: MLS# A08031233 *Estimated … Continue reading Coronado Disconnect
525 Campesina Rd. Asking Price $1,950,000 ::: Sq-ft 5,279 Purchased Price $1,548,500 ::: Lot Size 0.33 acres Purchased Date 07/21/2006 ::: Beds 6 Days on Redfin 103 ::: Baths 5.25 $/Sq-ft $369 ::: Year Built 1989 20% Downpayment $390,000 ::: Area Peacock Village Income Required $487,500/yr ::: Type SFR Est. Payment* $9,859/month ::: MLS# 22102844 … Continue reading Camp and Wait
504 W. Naomi Ave. Asking Price $1,600,000 ::: Sq-ft 3,542 Purchased Price $533,000 ::: Lot Size 0.44 acres Purchased Date 01/07/1993 ::: Beds 3 Days on Redfin 16 ::: Baths 2 $/Sq-ft $452 ::: Year Built 1951 20% Downpayment $320,000 ::: Area Baldwin Income Required $400,000/yr ::: Type SFR Est. Payment* $8,089/month ::: MLS# A08030241 … Continue reading Excuse Me?
1528 N. Santa Anita Ave. Asking Price $888,000 ::: Sq-ft 1,751 Purchased Price — ::: Lot Size 8,800 Purchased Date 1954 ::: Beds 2bed+den Days on Redfin 7 ::: Baths 2 $/Sq-ft $507 ::: Year Built 1954 20% Downpayment $177,600 ::: Area Highland Income Required $222,000/yr ::: Type SFR Est. Payment* $4,490/month ::: MLS# A08034464 … Continue reading Under $900k in the Highlands
307 E. Colorado Blvd. Asking Price $859,000 ::: Sq-ft 3,243 Purchased Price $1,088,000 ::: Lot Size 7,296 Purchased Date 11/14/2006 ::: Beds 5 Days on Redfin 4 ::: Baths 4 $/Sq-ft $265 ::: Year Built 1991 20% Downpayment $171,800 ::: Area Near Monrovia Income Required $214,750/yr ::: Type SFR Est. Payment* $4,343/month ::: MLS# 22106998 … Continue reading REO on Colorado for $265/sqft
1800 Lee Ave. Asking Price $1,658,000 ::: Sq-ft 5,000 Purchased Price $758,000 ::: Lot Size 10,500 Purchased Date 10/21/2005 ::: Beds 4 Days on Redfin 3 ::: Baths 4.5 $/Sq-ft $332 ::: Year Built 2008 20% Downpayment $331,600 ::: Area Santa Anita Income Required $414,500/yr ::: Type SFR Est. Payment* $8,383/month ::: MLS# W08035337 *Estimated … Continue reading Empty McMansion #7
271 Longley Way Asking Price $898,000 ::: Sq-ft 2,300 Purchased Price $850,000 ::: Lot Size 14,460 Purchased Date 02/28/2007 ::: Beds 3 Days on Redfin 86 ::: Baths 3 $/Sq-ft $390 ::: Year Built 1947 20% Downpayment $179,600 ::: Area Baldwin Income Required $224,500/yr ::: Type SFR Est. Payment* $4,540/month ::: MLS# W07176926 *Estimated monthly … Continue reading A Long Way To Go
44 E. Forest Ave. Asking Price $1,350,000 ::: Sq-ft 2,200 Purchased Price $506,000 ::: Lot Size 7,570 Purchased Date 08/24/2005 ::: Beds 4 Days on Redfin 140 ::: Baths 2.75 $/Sq-ft $614 ::: Year Built 2007 20% Downpayment $270,000 ::: Area Santa Anita Income Required $337,500/yr ::: Type SFR Est. Payment* $6,825/month ::: MLS# W07152876 … Continue reading Can’t See the Forest for the Trees
705 Carriage House Dr. Asking Price $3,500,876 ::: Sq-ft 5,755 Purchased Price $1,953,500 ::: Lot Size 25,157 Purchased Date 07/24/2002 ::: Beds 5 Days on Redfin 4 ::: Baths 6.5 $/Sq-ft $608 ::: Year Built 2002 20% Downpayment $700,175 ::: Area SantaAnitaOaks Income Required $875,219/yr ::: Type SFR Est. Payment* $17,700/month ::: MLS# W08004196 *Estimated … Continue reading Carried Away with the House
619 Rosemarie Dr. Asking Price $1,280,000 ::: Sq-ft 3,150 Purchased Price $480,000 ::: Lot Size 7,440 Purchased Date 11/21/2003 ::: Beds 4 Days on Redfin 56 ::: Baths 4.5 $/Sq-ft $406 ::: Year Built 2007 20% Downpayment $256,000 ::: Area Baldwin Stocker Income Required $320,000/yr ::: Type SFR Est. Payment* $8,090/month ::: MLS# W08004196 *Estimated … Continue reading Empty McMansion #6
333 E. Las Flores Ave. Asking Price $1,738,000 ::: Sq-ft 3,954 Purchased Price $788,000 ::: Lot Size 9,417 Purchased Date 08/23/2006 ::: Beds 5 Days on Redfin 32 ::: Baths 5.5 $/Sq-ft $440 ::: Year Built 2008 20% Downpayment $347,600 ::: Area Santa Anita Income Required $434,500/yr ::: Type SFR Est. Payment* $8,787/month ::: MLS# … Continue reading Empty McMansion #5
322 Leda Ln. Asking Price $1,999,000 ::: Sq-ft 4,450 Purchased Price $779,000 ::: Lot Size 9,840 Purchased Date 11/03/2006 ::: Beds 5 Days on Redfin 45 ::: Baths 4.5 $/Sq-ft $449 ::: Year Built 2008 20% Downpayment $399,800 ::: Area Santa Anita Income Required $499,750/yr ::: Type SFR Est. Payment* $10,107/month ::: MLS# W08008865 *Estimated … Continue reading Empty McMansion #4
415 W. Palm Dr. Asking Price $1,999,000 ::: Sq-ft 4,475 Purchased Price $765,000 ::: Lot Size 9,480 Purchased Date 08/01/2006 ::: Beds 5 Days on Redfin 7 ::: Baths 4.5 $/Sq-ft $447 ::: Year Built 2008 20% Downpayment $399,800 ::: Area Baldwin Stocker Income Required $499,750/yr ::: Type SFR Est. Payment* $10,107/month ::: MLS# A08026688 … Continue reading Empty McMansion #3
1103 S. 8th Ave. Asking Price $2,880,000 ::: Sq-ft 7478 Purchased Price $750,000 ::: Lot Size 27,063 Purchased Date 04/19/2004 ::: Beds 7 Days on Redfin 113 ::: Baths 7.5 $/Sq-ft $385 ::: Year Built 2007 20% Downpayment $576,000 ::: Area Near Monrovia Income Required $720,000/yr ::: Type SFR Est. Payment* $14,561/month ::: MLS# A07162003 … Continue reading Empty McMansion #2
177 W. Norman Ave. Asking Price $3,080,000 ::: Sq-ft 6800 Purchased Price $1,150,000 ::: Lot Size 0.44 acres Purchased Date 04/19/2006 ::: Beds 6 Days on Redfin 4 ::: Baths 7 $/Sq-ft $453 ::: Year Built 2008 20% Downpayment $616,000 ::: Area Baldwin Stocker Income Required $770,000/yr ::: Type SFR Est. Payment* $15,573/month ::: MLS# … Continue reading Empty McMansion #1
217 Carolwood Dr. Asking Price $999,000 ::: Sq-ft 2400 Purchased Price $850,000 ::: Lot Size 14,500 Purchased Date 12/04/2007 ::: Beds 4 Days on Redfin 10 ::: Baths 3 $/Sq-ft $416 ::: Year Built 1957 20% Downpayment $199,800 ::: Area Highlands Income Required $249,750/yr ::: Type SFR Est. Payment* $5,051/month ::: MLS# 12105594 *Estimated monthly … Continue reading Shameless Flipper
388 Torrey Pines Dr. Asking Price $4,698,000 ::: Sq-ft 8,616 Purchased Price – ::: Lot Size 24,638 Purchased Date – ::: Beds 6 Days on Redfin 27 (56 Zillow) ::: Baths 9.25 $/Sq-ft $545 ::: Year Built 2006 20% Downpayment $939,600 ::: Area Highlands Income Required $1,174,500/yr ::: Type SFR Est. Payment* $23,753/month ::: MLS# … Continue reading Torrey Pines – The McMansion of McMansions
35 W. Norman Ave. Asking Price $1,180,000 ::: Sq-ft 2,854 Purchased Price $1,269,000 ::: Lot Size 0.42 acres Purchased Date 07/27/2006 ::: Beds 4 Days on Redfin 92 ::: Baths 3.5 $/Sq-ft $413 ::: Year Built 1926 20% Downpayment $236,000 ::: Area Santa Anita Income Required $295,000/yr ::: Type SFR Est. Payment* $5,966/month ::: MLS# … Continue reading Normal Price Reductions
807 W. Camino Real #B Asking Price $569,900 ::: Sq-ft 1,883 Purchased Price $481,500 ::: Lot Size 2,047 sqft Purchased Date 01/11/2008 ::: Beds 3 Days on Redfin 4 ::: Baths 2.75 $/Sq-ft $303 ::: Year Built 1986 20% Downpayment $113,980 ::: Area Near TC Income Required $142,475/yr ::: Type Att. Townhouse Est. Payment* $2,881/month … Continue reading Flipper Turn Sucker
1431 S. Santa Anita Ave. Asking Price $1,149,000 ::: Sq-ft 1,207 Purchased Price $816,000 ::: Lot Size 19375 sqft Purchased Date 02/17/2004 ::: Beds 3 Days on Redfin 150 ::: Baths 1 $/Sq-ft $952 ::: Year Built 1946 20% Downpayment $229,800 ::: Area Santa Anita Income Required $287,250/yr ::: Type SFR Est. Payment* $5,809/month ::: … Continue reading $952/sq-ft in 91006
That is the question. That may not be Hamlet’s question, but that is certainly the question looming over potential buyers as they try to decide whether or not to purchase a home right now. I’ve said before that comparable rents is a key indicator of market fundamentals and I still think that holds true today. … Continue reading To buy or not to buy…
Today we have clear evidence that Arcadia is not immune from the market forces and that the flip-happy mentality that’s been free flowing for years is coming to a painful end. It’s Valentine’s Day, but there’s no love for this seller. Last month I profiled a McMansion that was a failed flip. Things haven’t gotten … Continue reading Update: Golden McNugget
Last week’s find – $900,000 Dirt, was so outrageous I decided to check out the property in person. Time permitting, I will attempt to check out properties on a weekly basis and share my findings here. There are some things you just can’t see or tell from a Redfin or ZipRealty listing. Here’s a better … Continue reading Out and About
405 E. Camino Real Ave Asking Price $548,000 ::: Sq-ft 812 Purchased Price $505,000 ::: Lot Size 5,040 Purchased Date 06/08/2007 ::: Beds 2 Days on Redfin 110 ::: Baths 1 $/Sq-ft $675 ::: Year Built 1947 20% Downpayment $109,600 ::: Area Santa Anita Income Required $137,000/yr ::: Type SFR Est. Payment* $2,771/month ::: MLS# … Continue reading Flipping Woes on Camino
725 Tiffany Terrace Asking Price $998,000 ::: Sq-ft 2,777 Purchased Price $1,038,000 ::: Lot Size 8,625 Purchased Date 06/05/2007 ::: Beds 4 Days on Redfin 101 ::: Baths 3 $/Sq-ft $359 ::: Year Built 1985 20% Downpayment $199,600 ::: Area Near Monrovia Income Required $249,500/yr ::: Type SFR Est. Payment* $5,046/month ::: MLS# A07156761 *Estimated … Continue reading Flip ‘n Flop
***Update*** This listing was modified today to include a slightly lower asking price of $679,000. You think the realtor/seller saw our profile and decided they need to do something to move this property? The direction is correct; the magnitude is not sufficient. 517 Peachtree Lane Asking Price $699,900 ::: Sq-ft 1,492 Purchased Price $825,000 ::: … Continue reading Not So Peachy Anymore
6709 N Golden West Ave. 2/14/08 Update on listing price reduction 3/25/08 Sold for $970,000 (22% off peak) McMansion alert! McMansion alert! McMansion alert! Here’s another McMansion up for sale. I can’t imagine why anyone would like the look of a house that’s way overbuilt on its lot. The dominating three car garage at the … Continue reading Golden McNugget
300 E. Camino Real Ave. Directly from Redfin: “NOT A CORNER LOT. LOT SIZE 16082 SQ. FT. (86X187). THE HOUSE WAS DAMAGED BY A FIRE. ORIGINAL LOT SIZE WAS 91X187. THE OWNER WILL GRANT 5 FEET TO THE NEIGHBOR ON THE EAST IN AN EASEMENT OR A LOT ADJUSTMENT. PROPERTY SOLD FOR LAND VALUE ONLY. … Continue reading $900,000 Dirt
10420 E. Live Oak Ave. This speculator-investor didn’t get the memo so I better spell it out for him again – the US housing market is dead. These people are either really greedy or really stupid. I can’t figure out which it is, but it’s probably a bit of both. This is a classic flip … Continue reading Live Flipper
26 E. Camino Real Ave. This is brand new construction that was completed in 2007 by an investor who was obviously looking to make some money. It’s a typical McMansion home complete with the ugly 1990s peachy, pink exterior wall color. The interior is actually quite nice with the open layout, big windows and tray … Continue reading The Real Deal
31 Woodland Ln. The seller flipper at 31 Woodland Lane must be high on all 31 flavors of Baskin Robbins ice cream. The property has been on the market for 257 days and there’s no sign of any price reductions. It was previously purchased for $1.4MM just 13 months ago and the buyers want to … Continue reading 31 Woodland or 31 Flavors?
We can go in depth into why this isn’t Sierra Madre Housing Blog or Pasadena Housing Blog, but it’s simply because I live in the Arcadia area. I frequent its restaurants, use its roads, go to its parks and spend much of my time here so it’s convenient for me to scope out properties, keep … Continue reading The City of Arcadia