tag:blogger.com,1999:blog-2983944778720243687.post800910771746438871..comments2023-11-05T04:24:01.807-08:00Comments on Westside Bubble: Glut in Stewart ParkWestside Bubblehttp://www.blogger.com/profile/03383559105050069002noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-2983944778720243687.post-13939761261898981962009-10-01T18:25:28.065-07:002009-10-01T18:25:28.065-07:00New to these postings. While I understand the bub...New to these postings. While I understand the bubble comments in general, when you look at Santa Monica as a whole, the only place you are able to get into a non-fixer upper single family house, in the 600's is in this area. As long as SM prices as a whole stay where they are at, these prices are not going to go down. Am i missing something?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-78959567345433534302009-09-20T21:38:16.020-07:002009-09-20T21:38:16.020-07:00Urban Oasis??? This is in a sketchy neighborhood ...Urban Oasis??? This is in a sketchy neighborhood right next to a busy freeway. <br /><br />Something is seriously wrong with these sellers and crazy people for still buying these shacks at high prices.Fingerprint safehttp://www.avidbiometrics.com/Biometric-Safes-c3/noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-3771502980733846282009-09-14T10:55:48.961-07:002009-09-14T10:55:48.961-07:00"as long as people think they can get away wi..."as long as people think they can get away with asking for these kinds of prices, we're still in a bubble"<br /><br />Agree completely. Of course these sellers are delusional and will not get anything near their asking prices--in fact, hopefully they will get busted out by this folly--but as long as there are delusional fools who think this is even a serious proposition, we're still in a Bubble.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-61048233321178337252009-09-13T21:47:06.996-07:002009-09-13T21:47:06.996-07:00pat says
Well in response to anonymous of 10:30 I...pat says<br /><br />Well in response to anonymous of 10:30 I would answer, I DO.<br /><br />I've lived on Delaware ave. just east of stewart park for 25 years. I've only been to the Joker bar once, but I liked the people I met there. A lot smarter than anonymous might think.<br /><br />Re: all the industrial warehouses nearby, they are full of High end post production editing, top tier design firms, and film production companies. I like this. These are my kind of people.<br /><br />Yes the freeway is nearby but the sound is not a factor.<br /><br />The metro is coming. I like the idea of walking a few blocks to catch a train to downtown. Kinda like New York.<br /><br />Also Delaware ave is a beautiful tree lined street with a diverse group of well maintained homes with a mix of retired and young professional people,<br /><br />Sorry to go on like this but regardless of price, I get the idea from these posters that that they have never been here but instead are taking a long look down their noses.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-53395915778970914452009-09-13T10:30:37.055-07:002009-09-13T10:30:37.055-07:00This is a total joke. You could pay these prices ...This is a total joke. You could pay these prices to live in a nice townhouse North of Wilshire and get a great location AND a great school district. Who the hell would want to live in this area?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-23616968820089883672009-09-11T20:37:41.399-07:002009-09-11T20:37:41.399-07:00...and eat at Rae's....and eat at Rae's.Fact and Feelingsnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-14041432450900676412009-09-11T15:47:39.161-07:002009-09-11T15:47:39.161-07:00"I'm not sure I agree with the two prior ..."I'm not sure I agree with the two prior comments that this shows we're still in a bubble--if they sell for this much, perhaps. But let's hope no one is that stupid to pay that much to live near the Joker bar."<br /><br />Well, let's put it this way- as long as people think they can get away with asking for these kinds of prices, we're still in a bubble. After all, as I said, these should really represent the lowest end of the SM market; and as long as prices like these are asked in THIS area, what could you expect for the nicer areas? I think this area is really a nice (lower) benchmark for observing how much the bubble has deflated (or not), and worth keeping track of.<br /><br />And by the way- let's not forget that not too long ago people did seem to be willing to pay that much to live near the Joker bar.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-11341893181137337722009-09-11T14:55:13.178-07:002009-09-11T14:55:13.178-07:0099c; The Joker; trailer park.
Don't forgot th...99c; The Joker; trailer park.<br /><br />Don't forgot the massage parlors right there on Pico too! I think there are two of them, but of course, I wouldn't know anything about that.<br /><br />There are certainly worse places in LA, but these prices are a total fantasy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-46232928537586572542009-09-11T14:53:09.649-07:002009-09-11T14:53:09.649-07:00Not to mention the proposed metrolink service yard...Not to mention the proposed metrolink service yard near the trailer park which is rumored to include power washing essentially 24 hrs a day. <br /><br />I do not see crime as an issue in Santa Monica generally, but there have been a few murders/assaults in this neighborhood this summer.<br /><br />However, if rent is really 4200 as one listing indicates, then while high, the prices are not that far off.<br /><br />Rent is most likely much lower. I recently rented a new 4 bd 4 ba 2500 sqft house in a much nicer area of sunset park just over 4200.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-82534410185511115512009-09-11T13:47:27.094-07:002009-09-11T13:47:27.094-07:00I think a lot of blog commenters (not so much here...I think a lot of blog commenters (not so much here, but mostly at Distress Monitor) are really ridiculous and snobby thinking that anything in Sunset Park is dangerous or "the ghetto." <br /><br />Now, I'm not saying that about this neighborhood, but really, this neighborhood is really the ass-end of Santa Monica. There are more affordable places elsewhere where you aren't living next to a freeway and near a bunch of warehouses and light industrial buildings. The only way you buy in this neighborhood, I guess, is if you're really desperate to get into the school district.<br /><br />The prices on these listings are laughable. I'm not sure I agree with the two prior comments that this shows we're still in a bubble--if they sell for this much, perhaps. But let's hope no one is that stupid to pay that much to live near the Joker bar.Evanhttps://www.blogger.com/profile/07547211277547266241noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-25508692642524418552009-09-11T13:04:36.180-07:002009-09-11T13:04:36.180-07:00As someone said previously, this is complete proof...As someone said previously, this is complete proof of bubble mentality.<br /><br />This hood is bounded by Pico (the Joker bar and 99c store), the 10 fwy, and a trailer park (yes, a trailer park on Stewart to those who don't know the area).<br /><br />These listings are a complete joke and anyone who buys near these prices is a fool.<br /><br />JasonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-16058023476675367542009-09-11T09:13:39.332-07:002009-09-11T09:13:39.332-07:00I didn't know that area had a name.I didn't know that area had a name.Woosterhttps://www.blogger.com/profile/01373096624094744181noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-79459487124461044212009-09-10T21:37:56.028-07:002009-09-10T21:37:56.028-07:00Regarding the "pending" listing, previou...Regarding the "pending" listing, previously raised 2208 Yorkshire on another blog about a month ago, but am still mystified. Remember property being listed for $699K earlier this year, then reduced to $649K, and then announced for auction. <br /><br />Whether it sold at auction, not sure, but public records indicate a $210K purchase on 7/2/09 and NOT by a bank apparently. It could all be just a glaring typo, but it's tantalizing to think an SM property could be had for such a price (the previous sale was way back in July 1967 for $24,500) even if it's in Stewart Park.<br /><br />And talk about "pending," what about the MLS indicating "looking for backup" by 1308 26th (since 3/30/09) and by 2219 14th (since 3/5/09)?<br /><br />Pendings, looking for back-ups, withdrawn (for a day or so) and then magically reappearing, and not to mention shadow inventory -- the shenanigans continue...Facts and Feelingsnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-85743473201178187482009-09-10T21:14:28.862-07:002009-09-10T21:14:28.862-07:00These listings, which should really represent (giv...These listings, which should really represent (given the location) the lower end of the Santa Monica market, are proof enough-if anyone still needs it- that we're still deep in bubble territory. Why would anyone spend more than 300,000 to live in spitting distance to the 10? (Not to talk the close to $1mio that these losers want.)<br /><br />I honestly don't see what should make any of these more expensive than say, the lower end of Mar Vista. Schools? Give me a break.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-2380366365526472492009-09-10T20:17:31.098-07:002009-09-10T20:17:31.098-07:00wow. $1million to live 1/2 block from the 10. ...wow. $1million to live 1/2 block from the 10. slap some black granite on top of some ugly & old wooden cabinets. there should also be an escrow account for the inevitable health problems later in life.Anonymousnoreply@blogger.com