MONROVIA, Calif. (AP) — Newly listed for sale in Southern California's notoriously pricey realty market: half a house for half a million dollars.
The one-bedroom, one-bathroom bungalow in suburban Monrovia, northeast of Los Angeles, was crushed by a tree in May with two renters and two dogs inside. There were no injuries, but a fence and most of the roof were mangled.
-Carlos
The "open floor plan" was a nice touch.
ReplyDelete- WDS
$750 sq foot- wow!
Delete"open floor plan"
"plenty of sunshine"
"beautiful sunset views"
"half the maintenance of most houses"
"pet accessible"
"newer paint"
Kinda pricey for a unique fixer upper.
ReplyDeleteSounds like a bargin. Prospective buyers who want to get in on the ground floor are advised to put their offers in ASAP.
ReplyDeleteTwo House members, one from Washington state, were trying to get cosigners to force the likes of Blackrock to divest their residential holdings. If the bill passed the sponsors claimed house prices would drop at least 30%. One problem: Blackrock gives the communist party millions. The bill is going nowhere. 500K for a pile of debris is not going to change any time soon.
ReplyDeleteSomehow it looks to me as a knocker downer and either put in a prefab or hire an architect to build a new house. $500K for the land plus demolition costs seems pricey, but the market may support it.
ReplyDeleteHalf a million? I bought a small ranch in south Tejas for less than that!
ReplyDeleteHalf a million dollars in Hongcouver BC gets you a large box in one of the nicer alleyways.
ReplyDeleteMy brother lives in a suburb of Atlanta , and a house near him got crushed by a huge tree , and the smashed house sold for $450K
ReplyDeletehe bought his1900 SF house in 2001 for $100k, and now just the empty lot without a house is worth $500K
its nuts. and its not just in commiefornia.
but all you gotta do is go to a small town that was devasted when the ratbastards in DC voted for NAFTA,
I have a friend that their parents lived in a small town of 6000 people in central Alabama, when the parents died, I went and helped get the house ready to sell.
a nice 2600 SF brick ranch built in 1952, on 5 acres with a 20x40 shop.
it only took 18 months for them to sell it for $85K