Thursday, December 13, 2007

Really Ancient Listings

I've written before on the Westside's Ancient Listings - those that have managed to last for month after month unsold, despite an active 2007 market. I count from original listing, despite some relistings and a few off the market awhile but no sale recorded. Santa Monica has the oldest ones. Here's the top-ten countdown from Santa Monica, Pacific Palisades (<$2M), and Palms-Mar Vista:

325 days - 1931 22nd, SM, 3 bed/2 bath, $1,150K, originally $1,325K listed about 1/22/07
331 - 3436 S. Centinela, MV, 3/2, $949K, $999K on 1/16/07
349 - 2912 2nd, SM, 2/1, $1,600K, $1,449K about 12/29/06
354 - 3735 Globe, MV, 3/1, $659K, $725K on 12/24/06
398 - 16602 Pequeno Pl., PP, 3/2, $1,299K, $1,495K on 11/10/06
436 - 2629 6th, SM, 3/2, $1,750K, $1,699K on 10/3/06
465 - 2724 6th, SM, 2/1, $999K, $1,190K about 9/4/06
472 - 2614 2nd, SM, 3/1.75, $1,339K, $1,495K about 8/28/06
502 - 926 Ozone, SM, 3/2.5, $1,199K, $1,410K about 7/29/06
814 - 2219 Ocean, SM, 3/3, $3,300K, $3,300K on 9/20/05 (photo)

4 comments:

Anonymous said...

I think you're referring to 926 Ozone, not 929 Ozone....

Anonymous said...

Are any of these at lot value

ie would it make sense to buy any of these and build new

alternatively i think i read that you can take a lot and slap a nice prefab home on it cheaper than stick build

Anonymous said...

The cheapest way to get a vacant lot in the 90402 is to buy 420 7th - this is asking 1.4 but I bet you could snag it for 1.2 -

knock it down for 50k


You got a pad on which to build what you want

Westside Bubble said...

Thanks, Anon #1.

Maybe 2724 6th, Anon #2, it is a tear-down, but you'd think anything well-priced would have sold a long time ago.

Was asking $1.4M between 8/16 and 9/17, Anon #3. But no purchase price reported yet on the County Assessor or Zillow.