For those of you joining this blog, already in progress, we’ve been sharing Real Bay Area real estate win since 2006. (Check out the archives at right!) So Burbed has been around the block once already, back in the good ol’ days of high prices for not much house. Then we watched sellers get greedy and wait too long for a better price, until they had to start chasing the market down, and down, and down…
This lucious little lodgement in Los Gatos illustrates that we’re on our way back to 2006 again! Thanks very much to Burbed reader wahnny for sending it in! (Of course it’s pending!)
134 LOMA ALTA Ave
Los Gatos, CA 95030
797 Sq. Ft.
$1,252 / Sq. Ft.
Lot Size: 7,000 Sq. Ft.
On Redfin: 20 days
Status: Pending Without Release
Property Type: Detached Single Family
Community: Los Gatos/Monte Sereno
a fine example of the original California Bungalow. Perfect for a small family starting out or ideal for retirement living walking distance to the village. Very deep lot with fruit trees and alley access, too.
Aww, that’s so cute! It’s like a dollhouse, only smaller! Here’s why wahnny wanted us to wander on over:
For almost $1 million, one can buy a 1930s-style 800sqft bungalow on 7000 sqft lot in Los Gatos! It actually looks pretty clean inside and out, so it’s not exactly a “crapshack” (as per Burbed standards). Perhaps “crampshack” describes it better (although in comparison to adjacent homes/lots, it could be argued otherwise). Well, other than price, this might be quite a deal!
That’s like saying, “Well, other than being on a Superfund site, Gables End might be quite a deal too!”