My old haunt and if I remember yours as well “Valencia” has come down dramatically the last few months , prices there are about the same as the T.V. these days, But at the same time I have heard that L.A. has actually seen price increases the last three months which does not sound right from what I have been seeing at least in Valencia.
Anyway talk about half off, a few buddies have gotten at least 75% off on a few older rental/cash flow type places in T.V. ,
I still say we are close to being over the hump in this recession and things should be getting better soon.