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Old 08-31-2015, 11:25 PM
 
Location: TOVCCA
8,452 posts, read 12,868,927 times
Reputation: 12448

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Quote:
Originally Posted by BennyPhoenix View Post
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
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Old 09-01-2015, 12:39 AM
 
399 posts, read 337,835 times
Reputation: 1470
You can buy the land and camp on it. Not the same as building a house but it's good enough.
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Old 09-01-2015, 12:59 AM
 
Location: West Hollywood, CA
1,367 posts, read 1,933,609 times
Reputation: 1825
Quote:
Originally Posted by KazChasey View Post
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
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Old 09-01-2015, 08:42 AM
 
Location: Downtown Los Angeles, CA
1,886 posts, read 1,650,144 times
Reputation: 2230
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.
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Old 09-01-2015, 08:58 AM
 
Location: NY/LA
4,299 posts, read 3,489,358 times
Reputation: 3557
Quote:
Originally Posted by nightlysparrow View Post
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.
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Old 09-04-2015, 08:40 AM
 
Location: Southern California
4,453 posts, read 5,887,635 times
Reputation: 2221
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.
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Old 09-04-2015, 09:54 AM
 
Location: Southern California
12,717 posts, read 12,425,074 times
Reputation: 35291
It would cost millions to build a small shack on this properly.
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Old 09-04-2015, 03:19 PM
 
4 posts, read 4,154 times
Reputation: 18
More than likely that plot is not zoned for residential dwellings at all, thus the low price.
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