Yesterday we suggested you could spend more than two million dollars on an empty spot of land in the middle of flipping nowhere. Today we’re also flipping, with a quick-turnaround sale found by Burbed reader Mr. Kiasu. Oh, and did we mention that the market is hot, hot hot? Except for here.
1448 FOWLER Ln
Los Altos, CA 94024
$2,665,000, reduced from
$2,995,000, reduced from $3,295,000
SQ. FT.: 4,876
$/SQ. FT.: $547
LOT SIZE: 0.35 Acres
PROPERTY TYPE: Detached Single Family
YEAR BUILT: 1900
COMMUNITY: South of El Monte
COUNTY: Santa Clara
ON REDFIN: 36 days
Turnkey 1900 Craftsman style Plantation home. .. own a piece of LA History. Poss Mills Act Tax Savings. 4800sf + 1800sf basement. Updated w/ new kitchen w/ marble countertops, remodeled baths and wood floors throughout. Newer fndtn, new copper plumbing, upgraded elect. panels, new zoned heating. Expansive back yard w/ pool & large lawn. Great cul-de-sac w/ LA Schools. Poss Seller financing options.
Spring bounce in Los Altos!
Bought in oct 2011 for 1.5, now on sale for 3.29.
Probably a flip but we’d need to see the pictures for last October I guess. Neighbors are all in the 1.5 range.
Wait, $3.29? Not anymore. Now it’s $2.65. And still very much for sale. Even with all those mawbul kawlums. How could that be? It’s on a cul-de-sac and there’s a gate to keep out the riffraff and everything.
Fortunately, the old pictures are still available for our perusal, so thank you Redfin! Here’s a lovely pair from the old and the new of the same room. Do you think they replaced the pool table? Which one is the new sale?
Yes, comparing the old and the new listing photos really is something. For example, just a quick glance led to this find of bunus kawlums not available in the current listing! So it definitely pays to check selling history when looking at a property listing. That’s when you notice how many things in this house haven’t been updated and then wonder how the seller can justify more than doubling the price on this flip. We can see just how successful that gambit was.
Now sit back and listen to some really annoying light jazz while you enjoy the virtual tour.