$2,350,000 pain train hit La Jolla last week, so it’s no surprise that the same is going on in the westside of LA.

http://www.sdlookup.com/Property-1FF0B33F-9701_La_Jolla_Farms_Rd_La_Jolla_CA_92037#17521

Bought 12/29/2006 for $7,450,000 sold 01/30/2009 for $5,100,000. That’s a loss of $2,350,000 not counting transaction cost, carrying costs, etc.