Nothing Else?

Written by Jim the Realtor

February 17, 2013

In la Jolla last year, there were 97 detached homes that sold for less than $1,000,000.

Today there are ten for sale – here is one:

5 Comments

  1. tj & the bear

    You’re absolutely right, “no redeeming values” whatsoever. What gets into people?

  2. avgjoe

    you are basically buying the lot and zip code.

  3. Jim the Realtor

    you are basically buying the lot and zip code.

    Yes, and the cost will be around $1,050,000 after removing the structure, leaving you a small pad (that really needs a retaining wall) with partial ocean view – and three buyers are willing to pay cash for it?

    Of course, I’m still scratching my head over this one:

    http://www.sdlookup.com/MLS-120059778-6949_Fairway_Rd_La_Jolla_CA_92037

  4. GameAgent

    Zillow an SDLookup show that this house sold for $1.15M back in 2006. However, the property taxes are currently less than $2k a year. How’d that happen?

  5. Jim the Realtor

    There must be a mix-up in there somewhere because the MLS & tax rolls aren’t showing any previous sale.

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Jim Klinge
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