tag:blogger.com,1999:blog-2983944778720243687.post1269912980086249301..comments2023-11-05T04:24:01.807-08:00Comments on Westside Bubble: Weekly inventory updateWestside Bubblehttp://www.blogger.com/profile/03383559105050069002noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2983944778720243687.post-6124518598942653212008-06-24T17:21:00.000-07:002008-06-24T17:21:00.000-07:00yes - that is correct PARTS of santa monica are mo...yes - that is correct PARTS of santa monica are more expensive than bev hills and holmby hills <BR/><BR/>but most of santa monica is cheaperAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-19471408256449079952008-06-23T12:56:00.000-07:002008-06-23T12:56:00.000-07:00that sounds about right land in 90402 is $250 buck...that sounds about right <BR/><BR/>land in 90402 is $250 bucks per square foot <BR/><BR/><BR/>$250 times 7500 sq foot lot = 1.9 million for a 7500 sq foot lot<BR/><BR/>i think that bel air and beverly hills are cheaper on price per sq foot and the beach cities are more expensive on a price per sq foot basisAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-47709751604483910192008-06-22T05:31:00.000-07:002008-06-22T05:31:00.000-07:00Incidentally, the house at the corner of Arizona a...Incidentally, the house at the corner of Arizona and Yale has been lowered to 1.5, giving it a land value of $250 per square foot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-80493900344589711192008-06-21T19:01:00.000-07:002008-06-21T19:01:00.000-07:00"It's a price of entry thing... 90404 lots are sub..."It's a price of entry thing... 90404 lots are subdivided more radically, and (even as smaller lots) they're more development friendly."<BR/><BR/>Um, speaking of which:<BR/><BR/>2511 ARIZONA AVE, Santa Monica, CA 90404... Price per Sq. Ft. of land: $270<BR/><BR/>3218 ARIZONA AVE, Santa Monica, CA 90404... Price per Sq. Ft. of land: $456<BR/><BR/>Clearly this is a price of entry sort of thing... but 3218 is so small that you can't get zoning permission to build more than one unit on it... even at the highest valuation of land ever in Santa Monica it should only be about $350,000.<BR/><BR/>They're not going to get it, but it's going to be interesting to watch. It's possible that a 450 square foot house, set in a 1400 square foot ditch (as far away from the ocean as you can get while still being in Santa Monica, with a view of a parking lot) is going to set the land value record for 90404.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-43406462134243498722008-06-21T16:04:00.000-07:002008-06-21T16:04:00.000-07:00Anonymous said... I like the term "drive by offers...Anonymous said... <BR/>I like the term "drive by offers"<BR/><BR/>is this a common term used in sm?<BR/><BR/><BR/>does the latest batch of data still show drive by buyers for land n of montana ?Anonymousnoreply@blogger.com