[quote=garysears] . . . I think land prices might be really starting to crumble. One bank threw in the towel in late April, lowering the price for 9 acres raw land from 190k to 50k. That seems significant to me. That listing is still current if anyone is interested.[/quote]
Gary, if the parcel is in Lakeside zip, it most likely does not have sewer access, which means you will have to install septic and/or dig a leachfield. It could also be VERY cost-prohibitive to hook up to water, depending on how far you’ll have to go with with piping.
I checked on this a few years ago for a friend considering a lot in 91941 and it was going to cost about $6,800 to hook up to City water (all said and done) which was nearby in the alley. Metropolitan Water Dist. gets a premium (kickback) for all new water hookups in the County.
If you or any other Piggs are interested in the parcel, I recommend a “due diligence” be conducted on it before placing an offer.
