Pain in La Jolla

[sunny88]

[quote=XBoxBoy]Here’s a Blackhorse condo that sold in March 2006 for $2,040,000 and just resold for $1,300,000

That’s a $740,000 or 36% loss. (Still not counting carrying costs, maintenance, realtor commissions, etc)

Who says the coast is immune?

http://www.sdlookup.com/Property-1B4507B8-9703_Keeneland_Row_La_Jolla_CA_92037%5B/quote%5D

I doubt that the $2040 k number is correct. This home was never worth that much!

[waterboy]

$1.3 is crazy for that. Land lease anyone?

[waterboy]

$1.3 is crazy for that. Land lease anyone?

[waterboy]

$1.3 is crazy for that. Land lease anyone?

[waterboy]

$1.3 is crazy for that. Land lease anyone?

[waterboy]

$1.3 is crazy for that. Land lease anyone?

[JustLurking]

sunny88 – tell that to this neighbor, who also bought in 2006 for almost $2 million:

http://www.sdlookup.com/MLS-080064053-9720_Claiborne_Square_La_Jolla_Ca_92037

People did pay that much for those condos at the peak. Nuts, but true.

[JustLurking]

sunny88 – tell that to this neighbor, who also bought in 2006 for almost $2 million:

http://www.sdlookup.com/MLS-080064053-9720_Claiborne_Square_La_Jolla_Ca_92037

People did pay that much for those condos at the peak. Nuts, but true.

[JustLurking]

sunny88 – tell that to this neighbor, who also bought in 2006 for almost $2 million:

http://www.sdlookup.com/MLS-080064053-9720_Claiborne_Square_La_Jolla_Ca_92037

People did pay that much for those condos at the peak. Nuts, but true.

[JustLurking]

sunny88 – tell that to this neighbor, who also bought in 2006 for almost $2 million:

http://www.sdlookup.com/MLS-080064053-9720_Claiborne_Square_La_Jolla_Ca_92037

People did pay that much for those condos at the peak. Nuts, but true.

[JustLurking]

sunny88 – tell that to this neighbor, who also bought in 2006 for almost $2 million:

http://www.sdlookup.com/MLS-080064053-9720_Claiborne_Square_La_Jolla_Ca_92037

People did pay that much for those condos at the peak. Nuts, but true.

[sunny88]

Wow, that is pure insanity! Paying almost $2 million for a nicer row home on land lease is just unbelievable and crazy…

[sunny88]

Wow, that is pure insanity! Paying almost $2 million for a nicer row home on land lease is just unbelievable and crazy…

[sunny88]

Wow, that is pure insanity! Paying almost $2 million for a nicer row home on land lease is just unbelievable and crazy…

[sunny88]

Wow, that is pure insanity! Paying almost $2 million for a nicer row home on land lease is just unbelievable and crazy…

[Author]

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