thinking about buying land and then building on it instead of buying something made already

[nightlysparrow]

Originally Posted by BennyPhoenix

Not 8000 sf buildable.
Utilities are "nearby". You'd have to pay plenty for hookups.
It's in a good area. A flat lot in that area 8000sf would cost you at least $1,400,000 including utilities present.
There's a reason that lot has remained vacant for over a century.

Exactly. And OP would be wise to remember there may be a hill-sliding El Nino coming

[KazChasey]

You can buy the land and camp on it. Not the same as building a house but it's good enough.

[YoungTraveler2011]

Originally Posted by KazChasey

You can buy the land and camp on it. Not the same as building a house but it's good enough.

camp on it and build the house slowly hehehe

[adr3naline]

I know this lot. They must be selling the air because it's a cliff even by LA standards. If I recall correctly, that part of Utica Dr. is experiencing rather serious erosion issues, so factor errosion control into your foundation costs as you also spend a fortune mounting support into the below rock.

[Mr. Zero]

Originally Posted by nightlysparrow

Exactly. And OP would be wise to remember there may be a hill-sliding El Nino coming

They were probably referring to mudslides when the listing said:

"Lots like this don't last long in this market."

Better hurry and buy it while it's still there.

[thelopez2]

The property couldn't sell for $39,000 in 2013, so they bumped it $30k 1.5 years later. Another near by property went for $17,000, back to person who sold it a few years earlier.

[Mr_Geek]

It would cost millions to build a small shack on this properly.

[DeeRay]

More than likely that plot is not zoned for residential dwellings at all, thus the low price.