U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-31-2015, 05:57 PM
 
Location: West Hollywood, CA
1,367 posts, read 1,929,338 times
Reputation: 1825

Advertisements

do u think it would be better to buy some land and then build on it instead of buying something that's already overpriced?

example, there's this piece of land for sale in hollywood, about 65k. 8,000 sq ft lot.

does anyone know how it all works. if i were to buy land, how do i go about building a home? im assuming id have to contact a contractor .. im just wondering if i buy this piece of land for example, how much more money would I need to build, say, a 2 bed 2 bath house on it?

are we talking 300k? 400k? 500k?

nothing extremely high end.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 08-31-2015, 06:07 PM
 
4,398 posts, read 9,387,808 times
Reputation: 3660
You're the oddest troll I've ever encountered. Are you on CD's payroll to make wierd posts and stimulate discussion?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 06:11 PM
 
Location: West Hollywood, CA
1,367 posts, read 1,929,338 times
Reputation: 1825
Quote:
Originally Posted by JohnG72 View Post
You're the oddest troll I've ever encountered. Are you on CD's payroll to make wierd posts and stimulate discussion?
I have no idea what you're talking about.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 06:19 PM
 
2,982 posts, read 4,035,134 times
Reputation: 1654
there's no way an 8k sq ft lot is going for 65k in hollywood
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 06:23 PM
 
Location: West Hollywood, CA
1,367 posts, read 1,929,338 times
Reputation: 1825
Quote:
Originally Posted by Cardiff Kook View Post
there's no way an 8k sq ft lot is going for 65k in hollywood
Is this a scam?

8344 Utica Dr, Los Angeles, CA 90046 | Zillow
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 06:30 PM
 
1,855 posts, read 2,443,913 times
Reputation: 3968
Quote:
Originally Posted by YoungTraveler2011 View Post
Looks hilly, cuz. You'd have to spend a small fortune just to level it out before you could build on it.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 06:44 PM
 
Location: South Bay
7,164 posts, read 20,108,974 times
Reputation: 3445
leveling may not even be an option, you may have to build on pillars (which i assume is also expensive).
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 07:01 PM
 
Location: West Hollywood, CA
1,367 posts, read 1,929,338 times
Reputation: 1825
Quote:
Originally Posted by Howiester View Post
Looks hilly, cuz. You'd have to spend a small fortune just to level it out before you could build on it.
das prob why its only 65k.

its gonna take 300k just to put the foundation in.

Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 07:43 PM
 
1,319 posts, read 3,872,213 times
Reputation: 1135
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.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-31-2015, 11:19 PM
 
Location: Los Angeles
4,080 posts, read 2,834,615 times
Reputation: 12582
Curiously, I remember doing some appraisals about 15 years ago for a guy who owned a concrete company. He would buy these little narrow lots around Laurel Canyon for almost nothing because they were totally hill. His guys would drag rebar up the hill and drop caisons over 100 feet down. Then he'd built these narrow multi-level houses up the hill. He made money with it, but he got the concrete and labor for the foundation at cost. Otherwise I think it would be very expensive.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
View detailed profiles of:

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top