Don’t know about the REO, but this one was a distress(ed?)
sale in the same area.
I saw them trying to rent it for about $600/month above market, then it popped up on realtytrac and then it went For Sale.
106 N Mountain, 91024
According to Zillow:
03/12/2007: $985,000
09/19/2005: $1,100,000
Add in the carrying costs (cuz I know it never did rent) and that is a fair loss given the area is supposedly up quite a bit over that time period.
