September 5, 2013

Redwood City pink house in Shire, Buyer to varify

Our site founder has this thing for pink houses, so we’re really delighted to find this gem.  There’s so much to love about it, we’d consider this house for the front page even without the awesome paint job.  Best of all, you could buy this one for cash.  In fact, you may well have to.

130904-devonshire-redfin2841 DEVONSHIRE Ave
Redwood City, CA 94063
$275,000

2 Beds
1 Baths
900 Sq. Ft.
$306 / Sq. Ft.
Built: 1948
Lot Size: 3,990 Sq. Ft.
On Redfin: 57 days
Property Type: Detached Single Family
Stories: 1
County: San Mateo
Style: Cottage/Bungalow
Community: Dumbarton
MLS#: 81324754

Fixer upper. Buyer to varify with Redwood City Planning dept. due to lot size. No contingency. 10% cashier check payable to ‘San Mateo County Public Guardian’. The condition of this property may require an all cash buyer or a rehab loan, ask your lender. Court confirmation on 9/10/2013 at 9 AM at Dept. 28, 400 County Center, RWC CA 94063.

If a picture is worth a thousand words, this house is a New Yorker essay.  Ask your lender.

130904-devonshire-living130904-devonshire-windowsimage130904-devonshire-door

Comments (2) -- Posted by: madhaus @ 7:03 am






September 4, 2013

She’s a Brick …House …in Los Gatos

Ready for some housing win? Sure you are.  Burbed reader nomadic has just what we need: great photos and an even greater price. Plus, Redfin says it’s not for sale and Movoto says it certainly is!

130903-englewood-movoto16600 Englewood Ave
Los Gatos, CA 95032

$1,600,000
Loan Payment: $6,204/mo
Bedrooms: 3
Bathrooms: 1
Size: 1,264 sqft
$/sqft: $1,265/sqft
Type: Single Family House
Year Built: 1947
Lot Size: 12,752
Days on Movoto: 59 days
MLS#: 81324091
Status: Active

Location, Location, Location, A beautiful, flat, corner 12,752SF site in a prime neighborhood of Los Gatos, close to downtown, schools, and all conveniences. Build new or remodel existing property which can be lived in or rented while obtaining permits and plans for your new home. House is being sold as is…

130903-englewood-kitchenBuild new or remodel. Guess “turnkey” is the wrong word for this listing. Let’s listen to nomadic’s words instead.

The listing agent forgot to put “value is in the land” in the description, because this is a prime teardown candidate.  However, at $1.6M it’s priced about $600k too high for just the land.  Look at the weird construction.  The interior walls all show the brick.  Does this house really not have any insulation?  The bricks are large too, adding a certain cinder block (non)appeal.

We especially like this paired photo set. Can you tell if you’re looking at the same room or not?

130903-englewood-room1130903-englewood-room2

Google Streetview reveals that the driveway gave up halfway from the house.

130903-englewood-streetview

Comments (5) -- Posted by: madhaus @ 7:06 am

September 3, 2013

Renters Ruin it for Rest of Real Realty Realm

Stay up late driving back and forth across the new Bay Bridge? Let’s ease you back into your workweek with some good old-fashioned rentard reaming and homedebtor hating.  Thanks very much to Burbed reader Petsmart Groomer for ensuring we didn’t miss this.

As Renters Move In, Some Homeowners Fret

130902-renters-2homesBy SHAILA DEWAN. The New York Times
Published: August 28, 2013

MEMPHIS — Beneath the spreading shade tree in Laura Holcomb’s front yard, there are some 70 varieties of hosta, stands of elephant ear and a Japanese maple. For the 17 years she has owned the brick house on Rose Trail Drive in the Hillshire subdivision, Ms. Holcomb has devoted herself to her home and garden.

Across the street, Carl Osborne and his family have been tenants for two years, moving in after the previous owner lost the house in a foreclosure. They are happy to have a decent place to call home but, like many renters, they have not done much to improve the appearance or join the community.

They are not alone: the family behind Ms. Holcomb, the one two doors down, and several in the cul-de-sac across the way are among the renters who have been supplanting homeowners in this blue-collar, suburban neighborhood as investors buy single-family homes and convert them to rentals.

“Used to, we knew our neighbors,” Ms. Holcomb said. Then she gestured toward the few remaining owner-occupied houses nearby. “Except for the two that have been here, I don’t know any of my neighbors.”

Yeah, because who wants to bother getting to know a bunch of renters? They dress different, they talk different, and they certainly do not devote themselves to their home and garden. Check out the photo above, proof that rentards leave boats on the lawn. With tarps. OLD tarps. Next thing you know they’re letting the grass die.

130902-renters-chartIf you live in an apartment complex, then everyone’s in the same boat on the front lawn… renting.  If you live in a condo or townhouse complex, you might have a mix with some units rented out and some filled with proud homeloaners.  And some single-family home neighborhoods are more renter-ful than others.  California always had more renters than most other states, mostly because our property is so expensive more people have to rent who would otherwise want to buy. It’s much more difficult to rent a single family home in other states. That is, it was more difficult until investors snapped up all the foreclosures.

130902-renters-lowlifesWhat kind of hood do you live in, and are you the typical resident or the oddball? That is, are you the lone renter in a block of SFHs, or the owner of the apartment building that you actually live in (along with those rentard lowlifes who are always late with the monthly nut)?

We’ll leave you with this thought from the piece:

Even conscientious landlords and tenants invest less in their property than owner-occupants, he said. “Who’s going to paint the outside of a rental house? You’d almost have to be crazy.”

Comments (3) -- Posted by: madhaus @ 7:04 am

September 2, 2013

San Francisco Microapartments: Hipster Stacks

File this one under the “Serious, we had absolutely no flipping idea about this” file.

According to The Epoch Times, a San Francisco apartment building recently featured on Burbed is not quite what it seems.  We thought it was just a series of very, very tiny places to live, allowing somebody to be a micro-slumlord over this warren of micro-rentals. But, whoa! Look what this place really is!  (Warnng: links to site are PDFs)

130901-harriet-frontageModular Building Creating Affordability in San Francisco

BY CATHERINE YANG, EPOCH TIMES STAFF

For developers in San Francisco, “it’s the best of times, and it’s the worst of times,” says Panoramic Interests CEO Patrick Kennedy.
130901-harriet-pod

If you’ve just put a building on the currently under-supplied market, it’s a really good time. But if you’re in the earlier stages of a project, everything is getting expensive.

“Land’s expensive, the construction trade’s expensive, the entitlement process is expensive,” Kennedy said. Of course, the cost is passed on to renters and buyers.

“If you want to bring down the cost of housing, you have to be more dense—simple matter,” Kennedy said. “Land is expensive in San Francisco, and to the extent that you can provide more units on any given piece of land, you can lower the cost of the housing.”

38 Harriet is nothing but a bloody trailer park stacked up and stuccoed over.

Ernest Cline’s SF/teen/gamer novel Ready Player One proposed this concept in post-apocalyptic living two years ago: trailer homes stacked 20 pods high.  And this building, as you can see from these this article and another linked below, is the exact same thing.  Then again, the stacked units in the novel were considered low-income misery living outside Oklahoma City rather than SF hipster destination paradise.

Here’s a related article on the next page, which sings the praises of “offsite modular construction.”  Don’t let the terminology fool you. These pictures confirms that this apartment building is a high-end trailer park Habitrail.

130901-harriet-building

Comments (2) -- Posted by: madhaus @ 7:02 am

September 1, 2013

Housing Market Trends for 2013: Up, up, up!

This is why we all have so much esteem for real estate professionals.

20130831-ads-graph

The above is a postcard received by Burbed reader Realtard Math. Let’s hear from RM why this was shared with us:

I love this graph. The trend arrow is shooting almost straight up, but every individual year goes up about the same. What’s the index here? No idea. We don’t know what’s being measured, or where. All we know is it went up every year, including this one. But 2013 isn’t over yet!

Aw, c’mon, RM, you missed how the arrows all have little chimneys on them, and 2009 and 2013 are right-handed varieties. And it also asks us “Did You Know” although it doesn’t inform us what we were supposed to find out. So we’re still ignorant of many things about Housing Market Trends other than that “Buyers are clamoring to purchase a home in your area.” Since RM didn’t tell us which area, for all we know it could be Alviso.

The local market called bottom sometime around the end of 2011 or beginning of 2012, though. Perhaps this is a graph of agent enthusiasm, because it sure isn’t a graph of agent results.

Long Weekend Open Thread. open now! Share your favorite examples of agent math skillz.

Comments (6) -- Posted by: madhaus @ 7:02 am

August 31, 2013

I don’t want a roommate, but an Arch-Nemesis

Why oh why can’t roommate ads in Silicon Valley be like this?  Here’s an ad that caught Burbed reader NYC Exile’s attention. Why NYCE was reading NYC Craigslist is a mystery for another day.

And we’re reprinting the whole thing because Craigslist ads are about as temporary as 2.8% mortgage rates.

$1 Seeking an Arch-Nemesis Roommate (Williamsburg)

130827-arch-vennI’m looking to fill the vacant room in my small, two-bedroom apartment in Brooklyn with a roommate who is respectful and financially sound, and can double as my arch-nemesis.

If you haven’t closed this page yet — which if you did, even though you wouldn’t be reading this, would be very arch-nemesis of you — allow me to elaborate.

My arch-nemesis roommate will provide constant combat in the apartment. After living with far too many passive folk, I can say with certainty that I AM READY for this. I’m not looking for a bad roommate, per se (i.e. someone that doesn’t clean their dishes or someone that sleeps in my bed when I’m gone), but I am looking for a roommate who is willing to regularly kick my ass, or at least attempt to, so we can create an authentic hero (me) vs. arch-nemesis (you) living arrangement.

Here are my arch-nemesis roommate requirements:

1. You keep our feud inside the apartment. I don’t want to fight you outside of the apartment, even if we leave to get groceries or cleaning supplies. Also, I’m not looking for someone that’s planning some sort of world domination. Let’s keep this between us.

130827-arch-ad2. You adhere to a standard of cleanliness. This is a big one for me. "Neat Freak" is NOT my hero name, but I am seriously a neat freak. The only time you can choose to not be neat is if it’s an initiation for battle, like you filling my room with fertilizer, in which case, get dirty. It’ll pay off.

3. You have a normal work schedule. I don’t want any freelancers or work-from-homers. I’d like you to have a standard nine-to-five. When I’m at work, you’re at work. When I’m home, you’re home. Most importantly, when I’m ready for battle, so are you.

4. You don’t bring the party home. The only time "bringing the party home" is appropriate is if it’s a party with a staged hostage situation. I will try to free the hostage; You will try to stop me. Alternatively, you could just throw a really good party and not invite me.

5. You put your arch-nemesis weaponry away when it’s not in use. This is a SMALL apartment with even smaller rooms and even smaller closets. Any weapons, tools, and/or metal suits should be kept to a minimum, and at the very least, should fit comfortably under your bed.

130827-arch-venn36. Your powers must match or exceed mine. My "powers" are never forgetting to set my alarm clock, playing a few chords on the guitar, and making a decent omelet. In addition to being able to kick my ass, you should be able to sneak into my room to turn off my alarm clock, play the major and minor guitar chords, and make eggs in other variations besides the omelet.

7. You are truly my arch-nemesis. You HAVE to be my arch-nemesis and not just a "villain." There’s a big difference. My arch-nemesis is the Darth Vader to my Luke Skywalker, the salt to my slug, the orange juice to my toothpaste. We are the same person, but at the very same time, we’re complete opposites.
8. You pay rent on time. Speaks for itself!

DISCRIMINATION WARNING: I’m NOT looking for anyone that actually thinks they are superhuman. If you think you can fly, or are just good at climbing buildings, then good for you. If you can’t do these things, you should still feel free to apply. Also, I’m totally okay with a female arch-nemesis. I’m not one of those guys who thinks females weren’t "built" to be arch-nemeses. That’s silly.

130827-arch-tshirtIf you think you are truly my arch-nemesis and meet the roommate requirements outlined above, drop me a line and I’ll tell you more about the apartment. Or, maybe I won’t and that’s where things will truly begin.

  • Location: Williamsburg
  • it’s NOT ok to contact this poster with services or other commercial interests

Posting ID: 4029623636
Posted: 2013-08-27, 4:14PM EDT
email to a friend

NYC is one of our many arch-nemesis metros (because Silicon Valley is so awesome we have to have several), so we need some better ads than this to defeat them. Please share if you can find any, and if you can’t, then write something better for a rented closet in a Campbell Crapbox.

Update: Heard back from NYC Exile, who says this ad was written by comedian Alex J. Mann.  (We’ll have you know we found the matching pictures ourselves.) That’s kind of a shame that this is professional work product. Could you imagine the roommate wars from a software engineer who needs an arch nemesis just to chill out?

Click here to post a comment -- Posted by: madhaus @ 7:09 am

August 30, 2013

Watch the hawks soar with Portola Valley potential

There are many ways for a house to show Burbed win. One is for it to be completely overpriced, and the other is for it to be an utter crapbox.  Which kind do you like better? Can’t decide? Today’s house is BOTH!

130829-westridge-redfin207 WESTRIDGE Dr
Portola Valley, CA 94028
$2,998,000

4 Beds
2.5 Baths
2,770 Sq. Ft.
$1,082 / Sq. Ft.
Built: 1952
Lot Size: 3.05 Acres
On Redfin: 5 days
Status: Active
Property Type: Detached Single Family
Stories: 2
Community: Central Portola Valley
MLS#: 81331429
Style: Contemporary
View: Green Belt, Mountains, Canyon
County: San Mateo

130829-westridge-flagstoneOver 3 acres with spectacular southern exposure, views toward Monte Bello Ridge. Watch the hawks soar! Architect designed with Frank Lloyd Wright’s "Falling Water" in mind, this mid-century contemporary is ready for extensive remodel or build new. Owned by one family since 1953. Wonderful privacy. Two guest cottages. Much deferred maintenance; 3-stall barn w/ hayloft in disrepair. Potential!


130829-westridge-poleDesigned with “Falling Water” in mind? We guess we could say our mid-century modern shack was designed with Monticello in mind… and yet it was a suburban tract house in fact.  Only ours has fewer paper cranes.

This house also reminds us of the one yesterday: way more pictures outside than in, and no bedrooms snapped at all. Wonder why not? Maybe by deferred maintenance they really mean the owners haven’t gotten out of bed since 1953.

Comments (4) -- Posted by: madhaus @ 7:02 am

August 29, 2013

Move-in, remodel or tear down and start over in Orinda

Sometimes our readers forget that we are a Northern California real estate blog, not just Silicon Valley. We realize with so little of the Real Bay Area outside Where Innovation Happens it’s easy to forget this. However, Burbed Win can be found almost anywhere. Today’s featured funhouse from Burbed reader edie takes us to the wild and uncivilized jungle of Orinda! (That’s in CoCoCo, in case you haven’t gone anywhere but Google via Google Bus in the last two years.)  But one thing this place has in common with so many other Burbed properties: Pending!

130828-linda-redfin6 LINDA Vis
Orinda, CA 94563
$499,000

2 Beds
2 Baths
1,219 Sq. Ft.
$409 / Sq. Ft.
Built: 1939
Lot Size: 0.29 Acres
On Redfin: 21 days
Status: Pending
Type: Detached
Stories: 2
Community: Country Club
MLS#: 40626723
Style: Cottage
View: Hills, Wooded
County: Contra Costa

This charming cottage is on a great oak-studded . 28 acre lot in the Orinda Country Club area. It’s an idyllic setting! The house is a 2 bedroom, 2 bathroom, 1200+ sf in two stories with a 2 car detached garage. Ready to move-in, remodel or tear down and start over.

130828-linda-kitchenHere’s why edie thought you’d want to venture out of your comfort zone and look at this place:

Check out the price history. The place went up by 200K in a year when it clearly hasn’t been touched in that time. (Unless "creepy backwoods cabin" is the new aesthetic among flippers.

Though pathetically, after going to yesterday’s open houses in the East Bay, this place doesn’t seem so bad to me. 

130828-linda-garageWe always wonder about listings where there are 3 times as many outside as inside pix, and it’s not like the outside shots are showing different parts of the grounds. We can only assume that the current owner has some secret Web 6.0 Electric Motor SuperDuperHyperUltraLoop High Speed mass transit project in those bedrooms that Cannot Be Photographed Upon Pain of Death or initialing every one of the 400 pages in the NDA.

Or, this being Orinda rather than Saratoga, it’s more likely a bunch of dead primates.

Comments (3) -- Posted by: madhaus @ 7:03 am

August 28, 2013

Resort Style Community… for Railfans and Trainspotters

Not everyone can afford to live close to Google.  For everyone else there’s real life and real budgets. That means properties like the one we’re bringing you today.  Oh wait, this property has an asking price of $850,000.

130827-dahlia-redfin1340 DAHLIA Loop
San Jose, CA 95126
$849,900

HOA Dues: $180/mo.
3 Beds
3 Baths
1,977 Sq. Ft.
$430 / Sq. Ft.
Built: 2006
Lot Size: 3,920 Sq. Ft.
On Redfin: 4 days
Status: Active
HOA Dues: $180/month
Style: Contemporary
Community: Santa Clara
MLS#: 81331315
Property Type: Detached Single Family
Stories: 3
County: Santa Clara

Stunning Single Family Home in Resort Style Encanto Community. Located walking distance from Santa Clara University and a short drive from Santana Row and San Jose International Airport. This is a unique corner lot with one of the biggest lot size in the community. Beautifully done Front/Back yard which are rare in this community. Bonus Room big enough for a pool table. Perfect for entertaining.

130827-dahlia-closeupLet’s have a real good look at this “Resort Style Encanto Community,” because streetview is not available. Obviously this is such an exclusive resort, self-driving Google robot overlord vehicles aren’t allowed in.

You may not realize it, but the photo above and the other one of the pool are not the building that is for sale.  As a Burbed exclusive, we’d like to show you just what exactly it is they’re selling.

And then we’ll pull back a bit and give you another thing the agent didn’t.

Context.

130827-dahlia-satellite

130827-dahlia-poolSee that house in the lower left corner of the plex, right next to both the railroad tracks and the kitchen & bathroom warehouse? Yup, that’s it. But hey! Front/Back yard which are rare in this community.

Wait until you find out what’s on the other side of those railroad tracks!

Bunus: Another unit is for sale in this community, which doesn’t have all the benefits such as the whopping 3800 square foot lot. What it does have is 26 photos for you to enjoy Resort Living.  And lots of trains.  Perfect for entertaining, provided the people you are entertaining are all three year old boys.

130827-dahlia-caltrainWhoo-whoooooooooo!

Comments (6) -- Posted by: madhaus @ 7:02 am

August 27, 2013

Thirteen Forty Seven: Diamond in the rough part of Old Palo Alto

Yesterday’s house didn’t seem to do it for our readers, or at least the readers who enjoy commenting about properties featured on our site. So today we’re going back to a tried but true perennial: the Palo Alto crapbox, with bunus WTF pricing.  And no, we don’t mean that the way you think we do.

Thanks very much to Burbed reader Michael Boltonestater for sending in today’s house. Oh yeah, one more thing.  PENDING!

130826-alma-movoto1347 Alma St
Palo Alto, CA 94301
$625,000

Loan Payment: $2,423/mo
Bedrooms: 2
Bathrooms: 1
Size: 848 sqft
$/sqft: $737/sqft
Type: Single Family House
Year Built: 1925
Lot Size: 1,100
Days on Movoto: 8 days
Neighborhood: Old Palo Alto
MLS#: 81329852
Status: Pending – Do Not Show

Diamond in the rough! Contractor special for a property that needs cosmetic and some possible structural intervention. Price reflects condition. Many possibilities! Don’t miss this great opportunity!

130826-alma-framingDid you say possible structural intervention? Say no more! Nothing like a real challenge to whet the appetite on a Tuesday morning, because the usual shortcomings of a busy street and Elon Musk’s Hyperloop right across from it aren’t sufficient. And if you think that would scare anyone away, think again! How many other properties on 1100 square foot lots went pending in 8 days?

We were sure than lot size was a typo until we took a look at the aerial view.

130826-alma-satellite

This is a one-story house, 848 square feet. Looks like a similarly-sized house shares the lot. 1100 could well be correct. But, seriously, is any price too high for your own quarter of a tenth of an acre in Palo Alto?

Comments (7) -- Posted by: madhaus @ 7:09 am