Wednesday, November 28, 2007

SELLER IS SERIOUS (?!)

Don't you love these? The updated description for this 4 bed / 4 bath house at 2222 Marine shouts,

"ANOTHER HUGE PRICE REDUCTION... THIS SELLER IS SERIOUS."

Really? Originally listed 5/17/07 for $1,975K, reduced to $1,775K in October, we're to believe a new $50K reduction to $1,725K is HUGE and SERIOUS?

"Great space and value in this Sunset Park home. Set on a large landscaped corner lot with room for a pool. Nature views from most windows. The four level split brings lightness and brightness. Large studio apartment with separate entrance and two car garage. This is a MUST SEE! ..."

Nature views, an implication of tranquility ... NOT! It's the corner of busy 23rd street, at the end of Santa Monica Airport, #6 in the map above (from June). And is that apartment legal in R1 Santa Monica?

15 comments:

J said...

Well, whenever I'm out shopping and I see "Huge reductions! 2.8% off" I go straight into that shop and buy stuff.

Anonymous said...

"Well, whenever I'm out shopping and I see "Huge reductions! 2.8% off" I go straight into that shop and buy stuff."

Comparing RE to "stuff"? Why not to fish. Must be a flipper;-)

HUH ? said...

"Comparing RE to "stuff"? Why not to fish. Must be a flipper;-) "

Actually, Flipper was a mammal.

Anonymous said...

I can't wait until this thread turns into another discussion about the 90402.

oops . . .

smlooker said...

Anyway, it will be interesting to see whether this affects 90402. :)

J said...

My point was that that was a 2.8% reduction, which I wouldn't call huge. Maybe I shouldn't be so subtle next time.

Anonymous said...

What about if it was a 2.8% reduction in 90402? Would that be better or worse? I mean is it relative? Or just in relation to non-90402 stuff it seems like a little, but if it was 90402 it would actually be a good reduction.

Anonymous said...

"What about if it was a 2.8% reduction in 90402? Would that be better or worse? I mean is it relative? "

It will never happen. I think we should a Flipper. Oh, I forgot, it may be sleaping with the fishes.

Anonymous said...

this is absolte proof prices are going down!!!!!!!!!!!!!

look out 90402 u are next'!!!!

allsouledout said...

OK, I'll bit ... Westside, in the spirit of "giving people what they want", meaning 90402 ...

Check out 101 Ocean Ave #E301. Granted, it's a condo, but it's in the 90402 (you know, that building that is built into the bluff over the PCH, corner of Ocean & San Vicente).

2BR/2BA, 1400 sq ft

Listed 6/12/07 for $1.649mm

Has had 2 reductions recently, now listed at $1.449mm

Oh, yeah, and since it's a "full-service" buiding, the HOA fees are $1,025/mo

Brad said...

Hey bubble... thought this might be an interesting listing for you to look at... I love your blog, but you should put an email address on here so people can send you info... easier than sourcing it yourself...

http://redfin.com/stingray/do/printable-listing?listing-id=1225087

Brad said...

lemme try that again...

http://redfin.com/stingray/do/
printable-listing?listing-id=1225087

WarChestSM said...

his e-mail address is his name "westsidebubble" @ gmail dot com

same for me: "warchestsm"

Anonymous said...

"Nature views, an implication of tranquility ... NOT! It's the corner of busy 23rd street, at the end of Santa Monica Airport, #6 in the map above (from June). And is that apartment legal in R1 Santa Monica?"

I'm sure the professional real estate clerks who frequent this blog would never engage in such tactics.

Anonymous said...

yes !!!!!

90402 - you are next


PRICES WILL COLLAPSE IN 90402!!!

THIS IS THE PROOOF