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Why anyone would want to live in California with prices like that is beyond me....Location is everything though. That is a $80K house on $2,390,000 lot.
^^^^^^
This says it!
Whoever bought it wants the property, not the house. Come on, there's not even a fridge included, the furniture looks like the bargain package from a staging place, that sunken living room is dated, no separate walk-in shower.....I bet an investor bought it
There are 2 kinds of properties in this world -- beach front and non-beach front. It's just a matter of common sense where to invest on your non-beach front.
It sold for 2.47M. The 782K was the amount above asking.
Ooops! Thanks to all the people who pointed this out.
My mind was in a fog yesterday, LOL! There were a few other posts that were equally loopy. I've had the flu, and I guess my meds were having more influence than I realized. Lesson learned, don't post on city-data when you're taking medicine. Good thing I wasn't driving!
They'll prob pay to substantially make it a nicer house to live in. A family friend sold their un-renovated, olddd house in a good neighborhood in the NYC suburbs for $1.2m and the buyers literally just tore it all down and built up a brand new house. People who have money........ always find ways to spend it.
Unbelievable. Such an unappealing little modest house. I wonder if banks actually lend such a huge amount, or what the appraisal is.
Same deal with my parents' place in SoCal. Similar looking modest house on million+ 1-acre lot.
$30,000 in the 60's.
You do wonder where it will all end....
I assume they will lend on at least part of it. You may need a bigger down payment. I know some one who lives in a very desirable but tiny house in Boston worth like 800k and I think they only put 10-15% down.
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