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5165 Jeffdale Ave, Los Angeles, CA 91364


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2009 Oct 19, 6:07pm   2,403 views  9 comments

by LAO   ➕follow (0)   💰tip   ignore  

$300K for this trash heap....

This is an example of the disaster we are in in Los Angeles....  Take a look at this disaster of a home.. It's impossible to inspect with all the garbage.     ***********************     http://www.redfin.com/CA/Woodland-Hills/5165-Jeffdale-Ave-91364/home/3557137      *********** **************.............     3bed/2bath $1647 sq feet $300K..     (CASH ONLY.. bank turned down $275K)It's houses like this in Los Angeles that make house hunting impossible...

Comments 1 - 9 of 9        Search these comments

2   LandShark2847   2009 Oct 20, 1:18am  

well, it is zestimated for 444 at least.

for 300, it is a steal

3   pkowen   2009 Oct 20, 2:10am  

This belongs in the Property gossip forum.

Please. Zestimates are meaningless. They just change their algorithm AFTER the market changes. They are always way behind reality.

This is what I've been saying - a rotting pile of sticks (with brick facade in this case) CAN BE WORTHLESS. Whatever the land is worth, you have to subtract the cost of tearing down the trash pile. What is the land worth?

On the other hand, maybe it's just dirt and mess. I am not above cleaning a mess if there's something good underneath. But it looks like some serious cracks and such. Well I am not in the LA market anyway.

4   Patrick   2009 Oct 20, 2:13am  

I moved it to Property Honesty forum. (Renamed from "Property Gossip" for better spin!)

5   4X   2009 Oct 20, 7:13am  

This is ridiculous....we need to let the market reset. Stop buying crap people!

7   dont_getit   2009 Oct 20, 8:33am  

owning the land : $300k.
owning the crap on it : priceless

8   JG1   2011 May 11, 12:17pm  

Sold (post-remodel?; pics online look OK now) 12/1/2010, $520K ($316/SF).

9   bubblesitter   2011 May 11, 12:46pm  

dont_getit says

owning the land : $300k.

owning the crap on it : priceless

LOL. Complete tear down. 300K for land and 350K to build it again. 650K total would be a steal, isn't it?

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