Los Angeles

[ToadB]

http://www.redfin.com/CA/Toluca-Lake/9928-Toluca-Lake-Ave-91602/home/5310064

No, this is not even remotely the area or price range I'm looking, but I stumble on this listing and it made me chuckle.

[kq6ea]

"Unsold in 440 days"!
Make mes wonder why it's still listed!
Jim

[ToadB]

Well, they are hoping to make about 6 million in profit.

[Tom1]

Wow, and the house LOST money between the previous two sales.  Nice place, though.

[JeremyMiles]

Here's another long stayer:

http://www.redfin.com/CA/LOS-ANGELES/4144-MOUNT-VERNON-Dr-90008/home/6867303

556 days, will they make two years?

Can anyone say "Chasing the market down?"

[TrabucoDom]

That's stunning...$3,000 HOA dues...I wonder if that is per month...

And they started at asking almost $8.8M...now only 6.65M

I guess they feel that extra underground 2700 sq.ft. is worth lots of dough.

[BadKittyM]

Somewhere here in Porter Ranch, that ginormous, hilariously tacky Graceland reproduction house has been on the market for a while. They wanted 1.89 (edited for pricing mistake) mil at first, and stunningly, nobody wants it. Not even now, with it dropped to nearly 700k.
*snicker*

I wouldn't care if it dropped to 400k - I wouldn't buy it; I could never live in it and feel proud of myself or comfortable. Short of plowing it under or a raging house fire, there's nothing you can do to that place to make it not tacky as all get-out. I seriously wonder what people are thinking sometimes. (Note that I'm neither an investor nor someone looking to flip. Even *if* I could buy a place at 400k and turn around in a few years and sell it for a profit, I wouldn't. We are looking for a place to LIVE, hopefully permanently)

Message Edited by BadKittyM on 08-06-2008 11:35 AM

[JeremyMiles]

Hi BadKitty, Can you show us the link?

[BadKittyM]

If I had bookmarked it, I would pop it in gleefully. I'll have to email my agent and see if she can call it up.


EDIT: here we go.
*snicker*
17912 Parthenia St. Northridge (my bad - thought I remembered it being in Porter Ranch). At any rate, it's being advertised in other states as well, higher-priced. Current listing price locally is back up to 999k from 749k. Original listing price was 1.89 million.

The listing on Redfin is expired, but it's current elsewhere.
http://intero.terabitz.com/homes/CA/Northridge/91325/17912_Parthenia_St/434779/

Message Edited by BadKittyM on 08-06-2008 11:32 AM

Message Edited by BadKittyM on 08-06-2008 11:33 AM

[Grish]

OMG, I'm dying laughing here!! The sublety of the decor is overwhelming, right down to the small chandeliers and Roman soldier! Who are/were these people, one has to ask!!!!!!