September 9, 2009

Live like an Egyptian pharaoh in Fremont!

FREMONT, CA 94536 | MLS# 40425478
Price: $250,000

Beds: 3
Baths: 1
Sq. Ft.: –
Lot Size: 5,000 Sq. Ft.
Property Type: Single Family Detached
Style: Bungalow
Stories: 1
Neighborhood: NILES
Year Built: 1930
Community: NILES
County: Alameda
MLS#: 40425478
Source: EBRD
Status: Active
On Redfin: 14 days
Contractor Special in Old Niles. Bring your skills and reap the benefits!

Thanks to Burbed reader CB for this find.

Wow. Now you too can live like a pharaoh in Fremont! Frankly, I never knew that there was a community known as Niles there – learn something new every day.

I think most Real Bay Area people can really bring their skills and reap the benefits. Let’s see… bring on some Ruby on Rails, some Objective C, some .NET, some Beans, some SQL – PRESTO! You’ve got a $500k house!

But wait, there’s more! It really is near a river!


Wow… once you hire a team of archaeologists and interior decorators, you’ll be soon living near the banks of a mighty river, and with easy access to Mission Boulevard to boot!

Fit for a king. Fit for you!

Comments (29) -- Posted by: burbed @ 5:41 am

September 8, 2009

San Jose house – 50% off sale!

610 N 11TH St, San Jose, CA 95112 | MLS# 80821205
610 N 11TH St San Jose, CA 95112
Price: $395,000

Beds: 3
Baths: 1
Sq. Ft.: 1,308
$/Sq. Ft.: $302
Lot Size: 5,625 Sq. Ft.
Property Type: Detached Single Family
Style: Traditional
Stories: 1
View: Neighborhood
Year Built: 1920
Community: Central San Jose
County: Santa Clara
MLS#: 80821205
Source: MLSListings
Status: Active
On Redfin: 401 days
CAN BE SOLD BY ITSELF OR WITH THE Vacant LOT NEXT DOOR. The Value is in the LAND. Home needs some work or replace with a New Home – Zoned R2 (one Duplex on each Lot). View House Exterior and Land and then if interested, call LA to view the House – Near New Redevelopment Area/Japantown. Seller is Motivated – – All Reasonable Offers will be reviewed!! Price Reduced nearly half from Original.

These days, if you know where to look, there are tons of great bargains. Like this house!

Thanks to Burbed reader sonarrat for this find. Not only is it 50% off – you have the amazing option of buying the vacant lot next door! What an offer!

Let’s take a look at some price history:


Are you thinking what I’m thinking? Yep – without a doubt, the bottom has been reached. The price cannot possibly go lower, and will rise for sure. At a minimum, you’re looking at $25k in instant equity. But in reality, you’re looking at $400,000 in instant equity – waiting to be unlocked by you.

What are you waiting for? Buy it and flip it today!

Comments (16) -- Posted by: burbed @ 5:41 am

September 7, 2009

San Francisco, San Jose, cost of living comparisons for Labor Day

It’s Labor Day! That means you should be laboring to ensure your company remains innovative and profitable (as measured by page views, eye balls, friends collected, downloads, etc).

To help celebrate, let’s look at some cost of living comparisons! You know… to see what you’re laboring for.

But first, we need to agree on what salary to choose for comparison. I’m going to pick $100,000 for an easy number to compare (though we know that most make generously more than that!)

Here we go!

Unfortunately, CNN’s calculator doesn’t have Real Bay Area as a destination (yet), so first we’ll have to decide between SF vs SJ:


Alright… we’re going to with SF as the comparison.

So let’s look locally first – what about other parts of this great state – California. Let’s look to Los Angeles:


Wow… it’s kind of a shocker that groceries are so much cheaper in SoCal! What’s up with that? They’re probably eating all junk food, not “Alice Waters approved only” food that everyone here in the Real Bay Area eats. (BTW, San Diego was even cheaper, so I decided to leave it out.)

Ok, let’s look at our arch nemesis – New York City! But wait, there’s a few possibilities, so we’ll look at all of them, including its Cupertino-wannabe-suburbs:


Alright! A pretty good showing! We haven’t quite licked Manhattan yet, but we’re making progress. And we’re definitely more important now that Wall Street is over and green tech is the new wave of the everyday-millionaire in the future. It’s great to see that we’ve beaten nearly all the places where people who work in Manhattan live (Queens is a draw – and look who lives there… just look at their King!). How can Goldman Sachs employees living in Nassau County possibly compete with the fine fine people that we have in San Jose? If we looked at the San Francisco, this would be a total home run except for Manhattan. Great work everyone!

Ok, now let’s look at some fake Silicon Valley contenders:


Now, you might be tempted to move to one of these pretenders, lured by their incredibly cheap cost of living.

Don’t fall for it!

Did you know that in most of these cities, brilliant engineers, the true saviors of the world, are paid only minimum wage? And that no only do they not get Aeron chairs, Dual Quad Proc machines with 30″ LCDs, but instead they have to use folding chairs and Commodore 64’s with tape drive and acoustic coupler modems. Seriously. As for sushi? Let’s just say you’d better get used to eating Chicken of the Sea. Santana Row? Fry’s? Nope. Better get used to doing all your shopping at Walmart Outlet, and Radio Shack Factory Store. Don’t even get me started on the weather – people die there because of the weather. Have you ever heard of people dying here in the Real Bay Area due to natural events (excluding earthquakes which never happen)? Why else do you think it is so cheap in these places? There’s no such thing as a free lunch!

I hope you enjoyed and appreciated this thorough analysis of what it is like to live in other places. Enjoy your labor day!

Comments (74) -- Posted by: burbed @ 5:18 am

September 6, 2009

Fremont Union School District Spending – Cupertino Fremont Homestead Lynbrook Monta Vista

From a flyer sent out to people living in the Fremont Union School District:


Wow. This is a bit of a shocker. The home of the juggernaut Monta Vista, the second most important high school in the world (after Gunn) has spending that is below the statewide average?

I think this is something we should all be proud of. This is an example of how the Bay Area perpetually wrings out more efficiency, doing more with less. It’s a key sign of our ability to innovate.


But on a more serious note, what exactly is this a sign off? How is this possible?

Comments (20) -- Posted by: burbed @ 5:50 am

September 5, 2009

The Real Book of Real Estate: Real Experts. Real Stories. Real Life.

It’s Saturday, and therefore it’s time for Burbed’s book of the week! The Real Book of Real Estate: Real Experts. Real Stories. Real Life. (9781593155322): Robert T. Kiyosaki: Books
The Real Book of Real Estate: Real Experts. Real Stories. Real Life. (Paperback)

“If you want all insider wisdom on how to personally get and STAY rich, read this book! Bribe your kids (financially, if you have to) to do the same.” -Mark Victor Hansen, co-author of the No. 1 Chicken Soup for the Soul series “To get over the top financially, you must read Rich Dad, Poor Dad. Its common sense and market savvy for your financial future.” -Zig Ziglar, world-renowned author and lecture”

Product Description
The Real Book of Real Estate is the one book, the Bible, of real estate advice and techniques every investor needs to navigate through the ups, the downs, and the in-betweens of the real estate market and come out on top.

The only thing better than one real estate expert helping you invest and win is twenty real estate experts with that same mission. For the first time ever, Robert Kiyosaki, bestselling author of Rich Dad, Poor Dad, has assembled in one big book a star studded cast of real estate wizards and trusted advisors with one purpose in mind: to share their knowledge to help you win in real estate.

This is the ultimate real estate desk reference you’ll come back to again and again. Whether you’re a seasoned investor or buying your first property, you will enhance your knowledge and grow your wisdom through this book. The book shows you how to value a property, handle leases, manage tenant relationships, get financing, even establish your own team of advisors, and so much more. You’ll hear from the insiders and learn from their wins and their losses. It’s decades’ worth of experience and knowledge you just can’t get anywhere else.

You know who the Real Book of Real Estate: Real Experts. Real Stories. Real Life. is good for? People in the Real Bay Area.

Let’s face it, even though the Real Bay Area is chock full of the most educated and smartest people in the world, everyone can use a little mentorship from time to time. And what better way than from people hand selected from the Rich Dad Poor Dad guy.

I mean… come on! Zig Ziglar recommends it! How can you go wrong with this?

And when you’re not too busy being real, please help this site out, click this link to learn more!

Comments (18) -- Posted by: burbed @ 5:46 am

September 4, 2009

They’re giving away houses for free in Alviso

1397 MICHIGAN Ave, San Jose, CA 95002 | MLS# 80918267
1397 MICHIGAN Ave San Jose, CA 95002
Price: $379,999

Beds: 3
Baths: 1
Sq. Ft.: 1,056
$/Sq. Ft.: $360
Lot Size: 6,000 Sq. Ft.
Property Type: Detached Single Family
Style: Traditional
Stories: 1
View: Neighborhood
Year Built: 1940
Community: Alviso (Santa Clara County)
County: Santa Clara
MLS#: 80918267
Source: MLSListings
Status: Active
On Redfin: 125 days
Not a foreclosure or short-sale! 2nd unit is garage conversion. 2 units ($800/$2,000)could offset mortgage pymts. Big corner lot (6,000 sq. ft. )parking access in large yard and off street parking alongside main house. 2nd unit has compact kitchen, living rm. 1 bdrm, bath stall shower. Inspections completed/reports online. To be sold AS IS in present structural condition. Easy access to Hiwy237.

Let’s face it, Alviso just doesn’t get enough attention from Burbed. This house is shocking. They’re giving it away. Sheesh!

Let’s look at what you’re getting for free:


Wow. I’m totally digging those new teal countertops. You’ve gotta admit, you just don’t see those every day!

While we’re here, let’s learn more about Alviso:

  • Mail is not delivered in Alviso, but must be picked up at the post office.
  • After the 1970s, Alviso was treated like a socioeconomic backwater of the prospering Silicon Valley and struggled to restore its former vitality.

Personally I love this bit on the wikipedia.

Alviso 1981

And then…

Alviso 2007

Check out those AWESOME sidewalks! It’s walkable! Can you say gentrification?

Better buy now before it gets too hot for you to handle!

Comments (25) -- Posted by: burbed @ 5:27 am

September 3, 2009

Redwood City with charming front porch

441 UPTON St, Redwood City, CA 94062 | MLS# 80938975
441 UPTON St Redwood City, CA 94062
Price: $529,950

Beds: 2
Baths: 1
Sq. Ft.: 780
$/Sq. Ft.: $679
Lot Size: 2,750 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1953
Community: Cordilleras Heights
County: San Mateo
MLS#: 80938975
Source: MLSListings
Status: Active
On Redfin: 4 days

You know, looking at this photo, the charming front porch really calls out to me. I’m not quite sure where it is, but it really is charming. And that’s just the front!

In the backyard (which is private incidentally, unlike all the shared backyards that you sometimes run into), it has a separate storage shed. Wowsers.

All this and mature lush vegetation. Go figure! For just $679 per square foot.

Now I know Redwood City hasn’t been in the Real Bay Area for a while now, but with more properties like this, maybe 2010 isn’t so far away…

Comments (37) -- Posted by: burbed @ 5:22 am

September 2, 2009

Jason Bourne would buy this San Carlos house

173 EXBOURNE Ave, San Carlos, CA 94070 | MLS# 80937210
173 EXBOURNE Ave San Carlos, CA 94070
Price: $799,000

Beds: 3
Baths: 2
Sq. Ft.: 1,240
$/Sq. Ft.: $644
Lot Size: 5,750 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Canyon, City Lights
Year Built: 1961
Community: Cordes
County: San Mateo
MLS#: 80937210
Source: MLSListings
Status: Active
On Redfin: 14 days
Located atop a knoll in a wonderful neighborhood with spectacular panoramic bay views, this single-level floor plan embraces the ambiance indoors and outdoors. With 3 bedrooms, 2 bathrooms, including one master suite, this home features spacious light filled rooms, hardwood flooring and picturesque patio setting. Private backyard includes a patio area and year-round grounds.

WWJBD – What would Jason Bourne Do? Well, he’d probably buy this house on Exbourne Ave.

I love the blast proofing that the owners have done to this house. IED’s? Forget about it! Car bombs? No problem! Truck bombs? Tickles! Riots as peasants, jealous of your pride of ownership and massive equity try to invade? No problem. Boiling oil compatible. And its even on a knoll for your sniping needs!

Even ninjas would have trouble with this house!

By the way did you note that this house – and yes, this house only – includes year-round grounds? That’s something no other house in the area can claim! Awesome!

Comments (30) -- Posted by: burbed @ 5:15 am

September 1, 2009

San Carlos caltrain station for sale

710 KNOLL Dr, San Carlos, CA 94070 | MLS# 80937091
710 KNOLL Dr San Carlos, CA 94070
Price: $1,850,000

Beds: 3
Baths: 2
Sq. Ft.: 1,940
$/Sq. Ft.: $954
Lot Size: 0.69 Acres
Property Type: Detached Single Family
Style: Traditional
Stories: 1
View: Bay, Neighborhood, Valley, City Lights
Year Built: 1940
Community: Howard Park
County: San Mateo
MLS#: 80937091
Source: MLSListings
Status: Active
On Redfin: 16 days
Location is in the heart of San Carlos. Walk to downtown SanCarlos. Rare opportunity for 30,000sqft parcel ! Over 30,000 feet with panoramic bay views!! You have great pool site and possible tennis court!! Plenty of level area for great yard!! This is 2 lots with 2 APNs – so you could remodel current home to dream home and sell off lot to pay for remodel!! Great possibilites both lots have plans.

The listing agent also has a bridge they want to sell you! Check it out!

Just kidding. This is actually a pretty amazing deal – you’re actually buying 2 lots! And you can sell the other lot to pay for the remodel of the current house.

Frankly, I’m not sure I understand why the owner is giving away the house like this. Why wouldn’t he sell the two lots separately and make even more money?

Any good theories here?

Comments (9) -- Posted by: burbed @ 5:11 am