Crazy LA Real Estate Prices: 1000 sqft house in Watts (think riots)... $425,000

[jAZ]

I was watching more TLC house flipping TV, and one of them was a 1200 sqft for 300K. So I went to Zillow to see what other houses were going for there.

It turns out this show's prices are really low.

http://www.zillow.com/HomeDetails.htm?zprop=20956727

[88TG88]

Thats actually pretty low. How big is the house ?

[jAZ]

Thats actually pretty low. How big is the house ?
1000 sqft, 3 bed, 2 bath.

[Smed1065]

Thats actually pretty low. How big is the house ?

Get reading comprehension then read the post again..........

Cali leads the way.

[Smed1065]

I live by myself and have 1200 sq. foot for $100,000 in Atlanta.

[jAZ]

This one is 1100 for 550K.

http://www.zillow.com/HomeDetails.htm?zprop=20954717

Still in Watts.

[Smed1065]

I would move as well if I made my first house purchase in CA.

Damn-it Carl. :cuss:

[BWillie]

Wow, those houses are shitholes. I wouldn't pay 75K to live anywhere near there.

[Smed1065]

I am looking at houses and it takes even $2000,000 in the south to get a decent crib in Alabama.

I know but it is my parents, not me.

Looks like I am paying my dues in their territory. :cuss:

[StcChief]

Watts. so who is gonna be left holding at the top of that pyramid.

[Simplex3]

I've noticed a common theme here:

1. There are no pictures of the actual house being sold

2. There is at least one neighbor on the block with a yard full of trash and one car on blocks out on the street.

[HemiEd]

Well at least it has been updated, in 1947. ROFL

[Bugeater]

Geez, how the hell can anyone in Watts afford that?

Anyway, this is what you could get in Omaha for the same $:

http://cbshomeimages.fnistools.com/Images/Listing/7/Large/20705511_1.jpg

This incredible 1.5 story home is located on the 7th tee box. 17 ft ceiling in great room with stone fireplace. Kitchen with hidden walk-in pantry, warming drawer, double ovens, two sinks, and center island. Ceramic tile floors throughout most on the main floor. All bedrooms have bathroom access, ceiling fans with lights and walk-in closets. Master bedroom with sitting room and fireplace. Heat lamps in all bathrooms. Custom light fixtures.

LISTING INFORMATION (Last Updated 7/8/2007 11:38 AM):
County: Douglas
Number Bedrooms: 4

Subdivision: Tiburon/Ballena
Baths (Full & Partial): 4
Year Built: 2004
Approx. Sq. Ft.: 2784
Main Sq. Ft.: 1956 Upper Sq. Ft.: 828
Exterior Type: Brick
Property Style: 1-1/2 Story
Property Type: Single Family
Stories: 1.5
Total Rooms: 8
Lot Size Range: 0.51 - 1 Acres

[Eric]

Anyone know how poor people afford houses there?

[Simplex3]

Anyone know how poor people afford houses there?
By pimping your mom.

[blueballs]

McDonalds starts you out
at 12.75 for fry cook

[Bugeater]

McDonalds starts you out
at 12.75 for fry cook
You can't pay for a $425,000 house on $12.75/hr. Hell I couldn't afford the house I live in on that.

[OnTheWarpath15]

Anyone know how poor people afford houses there?

We're far from poor, but my wife and I couldn't afford to live in CA.

We could live in a big house in a country club neighborhhod for that kind of cake.....

http://www.coldwellbanker.com/servlet/PropertyListing?action=detail&ComColdwellbankerDataProperty_id=11572605&page=property

[blueballs]

we tart

[Bugeater]

We're far from poor, but my wife and I couldn't afford to live in CA.

We could live in a big house in a country club neighborhhod for that kind of cake.....

http://www.coldwellbanker.com/servlet/PropertyListing?action=detail&ComColdwellbankerDataProperty_id=11572605&page=property
Wow, for that $ I would at least expect a house that's more than 4' away from the one next door. :shake:

[OnTheWarpath15]

Wow, for that $ I would at least expect a house that's more than 4' away from the one next door. :shake:

Next to impossible in this area, without being an hour from everything or spending 500K +

Builders are packing as many houses together as possible, and when they run out of room, they move farther west.

We've both lived here our entire lives, but I anticipate our next move will be out-of-town.

[Simplex3]

Wow, for that $ I would at least expect a house that's more than 4' away from the one next door. :shake:
I don't get it either. I would much rather have a smaller house farther away from my neighbors. Frankly, I'd like to have "neighbors" the way my father-in-law has neighbors. 2+ miles away.