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$21,500,000 Investor Flip


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2012 Oct 22, 10:01am   1,488 views  0 comments

by David9   ➕follow (0)   💰tip   ignore  

I first came across this article stating the price had been reduced by
$15,000,000 from the original listing price of $40,000,000.

http://homes.yahoo.com/blogs/spaces/jaw-dropping-chateau-d-marked-down-164003822.html

I was going to post with something like: 'It's always a good sign when prices in Beverly Hills drop'. Then I go to Redfin and the last sale was for $3,500,000!

http://www.redfin.com/CA/Los-Angeles/10425-W-Sunset-Blvd-90077/home/6827138

I may never believe another Real Estate article again.

Personally, I agree the property is: ""hideous" and "Marie Antoinette by way of the Sultan on Brunei on a Vegas bender,"

#housing

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