February 15, 2008

$1,025,000 vegetable garden in Palo Alto

Residential Lot – Vacant Land

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Located across the street from community park in mature neighborhood where many homes are being renovated or replaced with custom construction. Minutes from downtown Palo Alto, Stanford U., and I-280. Lot is approx. 50 feet wide and 120 feet deep, 5,663 square feet. Zoned R-1. Currently leased to a neighbor for use as a vegetable garden, tenant to vacate in February 2008.
Address: 590 Maybell Avenue, Palo Alto, CA 94306
APN: 137-25-088
Price: $1,025,000
Viewing: Drive-by, open
Buyer’s broker: 2%
Seller’s broker: John A. Souerbry & Associates (Palo Alto)
Agent phone: John – (858) 945-5717
NOTE: Property is in probate, but is not a court sale. Offers must be valid for at least 15 calendar days to allow for review and processing.
Information provided is deemed reliable but is not guaranteed, buyer to verify.

Thanks to Burbed reader PA Homeowner for finding this.

This is exactly what makes Palo Alto special. Did you know that those vegetables end up going to Ivy League colleges? Yep. Not only that, but those vegetables are constantly happy because they live in Palo Alto.

As we all know from watching Mountain View, they’re not making any more farmland around here. This is your last chance – better put in your bid for $1.5 million to be competitive. Besides, maybe you’ll get reimbursed by Facebook later!

Comments (16) -- Posted by: burbed @ 5:36 am






January 31, 2008

$1.25 million house in Redwood City – with revenue opportunities

On Monday, we showed you what a $1.295 million dollar house looks like in Greenwich, CT where the income regularly tops $500k. Let’s look a house in that price range here in the Bay Area:

MLS-2.com: Property Details
153 LOWELL ST, Redwood City,CA,94062 – $1,250,000

153low.jpg3 Beds 1584 Sq.Ft. Aprx. 2 Car Garage MLS#: 770296
2.0 Baths 6,500 Lot Size 68 Yrs Old Aprx. List Date: 2008-01-07

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 153 LOWELL ST, Redwood City,CA,94062
Situated in the sought after Mt. Carmel neighborhood, this delightful home has been practically updated maintaining its original, intrinsic charm. Beautiful oak hardwood floors enhance the home throughout. There is an additional, separate studio guest unit with a full bath and kitchenette.

Yeah you could have the house in Greenwich, but in true Silicon Valley entrepreneurial style, this house offers you the opportunity to increase you revenue and monetize part of the property.

That’s an enormous benefit right there – you can live in your house, and make money from your tenants! Will that be possible in Greenwich, CT? Of course not – they’re all boring there. Buying this house will prove that you’ve got the chops to achieve the American dream of making money, unlike… say… your potential neighbor Eddie Lampert.

And above it all, you’re living in Redwood City. Wow… another drubbing for Greenwich, CT. Sweet!

Comments (9) -- Posted by: burbed @ 5:39 am

January 29, 2008

$1.25 million house in Campbell

On Monday, we showed you what a $1.295 million dollar house looks like in Greenwich, CT where the income regularly tops $500k. Let’s look a house in that price range here in the Bay Area:

MLS-2.com: Property Details
1149 AUDREY, CAMPBELL,CA,95008 – $1,250,000

1149aud.jpg4 Beds 1221 Sq.Ft. Aprx. 2 Car Garage MLS#: 753932
3.0 Baths 10,890 Lot Size 59 Yrs Old Aprx. List Date: 2007-09-25

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 1149 AUDREY, CAMPBELL,CA,95008
Fixer upper! Large lot over 10,000 sq ft, huge backyard,opportunity to build custom home or remodel. Located on quiet street, excellent Campbell location

Now, Campbell is clearly better than Greenwich – how do we know that? For one thing, it’s got the Egyptian themed Fry’s. TAKE THAT GREENWICH! Also, Campbell has… uh… prunes. What does Greenwich have? Probably nothing! Yeah so Donald Trump lives there… but just think of all the amazingly famous people who live in Campbell. Can’t think of any? Well that’s because they prefer to be private.

It’s on the first day and we’ve already given Greenwich a good stomping… let’s see what tomorrow brings!

Comments (7) -- Posted by: burbed @ 5:18 am

January 7, 2008

You can flip this Fremont house to Jay Leno or Ralph Lauren

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Thanks to Burbed reader R.D. for sending this a few weeks ago.

Wow… parking for 22 cars. That makes sense – after all, you’re living in Fremont which means you’re savvy – you’re saving some of your cash flow to invest in other assets like cars.

I bet you can buy this house now and flip it to Jay Leno or Ralph Lauren so they can park there cars in Fremont. Or, better yet – buy a big car and you can open your own Park ‘n’ Fly to SJC/SFO/OAK.

Smell the CASH FLOW BABY!!!! Too bad it’s sold already. Keep your eyes peeled for another great deal like this!

Comments (4) -- Posted by: burbed @ 5:25 am

January 3, 2008

Saratoga short sale with easy access to quito and 85!

MLS-2.com: Property Details
18541 ASPESI DR, SARATOGA,CA,95070 – $1,130,00018541aspesi.jpg3 Beds 2022 Sq.Ft. Aprx. 1 Car Garage MLS#: 749886
2.5 Baths 10,454 Lot Size 48 Yrs Old Aprx. List Date: 2007-09-05

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 18541 ASPESI DR, SARATOGA,CA,95070
MUST SELL!! SHORT SALE!! HUGE LOT OVER 10,000 SF, PARK LIKE SETTING. 3 bed / 2.5 bath home in Saratoga Sale price subject to lenders approval.

I don’t understand how the Realtor could’ve forgotten to say that it has easy access to Highway 85 and Quito – both of which are rarely used roads. And the only cars that go down them are quiet Maybachs. With ponies. And rainbows.

BTW, this house last sold on 7/11/2007 for $1,250,000. This just goes to show how good hearted Silicon Valley people are: they knew you needed this house, so they’re willing to sell it to you for a loss.

Would people do that anywhere else?

Nope. Didn’t think so.

Comments (10) -- Posted by: burbed @ 5:36 am

December 24, 2007

The Cupertino of New York – Herricks house prices

It’s Christmas Eve! Whenever I think of Santa, I think of Miracle on 34th St. And that reminds me of Macy’s and New York.

Sure I could jump the shark and do a New York vs San Francisco post like this guy did, but let’s face it – SF would win by a landslide. After all, SF is safer, you never need a car, has great magnet public schools, has a diverse economy, low taxes and no taxes on clothing, is the only place with diversity and gay rights, the most and the best colleges, only place with diversity, and has mild weather. Oh, and we’ve got Fisherman’s Wharf and Pier 39!

Instead being that this is Burbed.com – let’s focus on the ‘burbs. Here, we have the shining star of Cupertino – the anchor of The Real Bay Area. So let’s look a comparable suburb city of Manhattan: Manhasset Hills.

They’re both pretty similar in distance from The City (ok, the Cupertino one is twice as far), they’re both solidly upper-middle class, and they both have great schools – heck, the high schools even have pretty similar racial/ethnic demographic – yes that’s right, the high school for the Manhasset Hills house below is 47% Asian!

So let’s take a look shall we?

The Cupertino contender, located 44.7 miles from the Macy’s in San Francisco’s Historic Union Square:

MLS-2.com: Property Details
10260 ORANGE AV, Cupertino,CA,95014 – $1,098,000

10260o.jpg

3 Beds 1015 Sq.Ft. Aprx. 2 Car Garage MLS#: 701195
1.0 Baths 7,405 Lot Size 62 Yrs Old Aprx. List Date: 2007-01-09

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 10260 ORANGE AV, Cupertino,CA,95014
Best Cupertino Schools, Large Lot, Very Close to Monta Vista High School Nice Open and Sunny Lot, Ready for your plans.

Alright… so far so good. We have a $1 million dollar house on a 7405 lot that is ready for you to tear down and build your dream house. So far Cupertino is in the far lead!

Let’s look at Manhasset Hills – located 18.4 miles from the Macy’s in boring and jobless Manhattan:

MLSLI.com – Find a Home
MANHASSET HILLS
List Price: $1,059,000

manha.jpg

Single family, 7 room Split
3 Bedrooms, 3 Full Baths 1 Half Bath
Gas, Hw heating
A/C: Cac
Detached Stucco construction
Year Built: 1963
School Dist: Herricks
Lot: 73 X 115
Appearance: Diamond

GAH! Who wants that? A Diamond appearance? An 8000 sqft lot? 3 br/3.5 ba? How will you be able to build your own home when your home already looks like this? Boo! Hiss! Ridiculous.

See, another reason why Bay Area real estate is so expensive: you have the freedom to do what you want!

I don’t know why I even posted this – it was obviously going to be a landslide in favor of Cupertino. Don’t you agree?

Which would you prefer Santa to deliver to you tonight, readers?

Comments (8) -- Posted by: burbed @ 5:28 am

November 26, 2007

This Monta Viste Cupertino house has lots of ____

Reports21685 OLIVE AV
Cupertino (Cupertino) 95014
Detached Single Family (Class 1)
Bed/Bath: 3 / 2
SqFt: 1,015
Lot: 5,227 sq ft
Age: –
List Price: $1,040,000
Assoc Fee:
Remarks
MONTA VISTA BUNGALOW*QUIET CULDESAC*ZONED PD (PLANNED DEVELOPMENT)*LIVE IN AND REMODEL OR REBUILD*FLOOR AREA AND SETBACKS LESS RESTRICTIVE THAN R-1* POSSIBLE USE FOR COMMERCIAL PURPOSES OR COMBO COMMERCIAL/RESIDENTIAL*LOTS OF

Oh noes! A cliff hanger! Lots of … ???

Burbed reader Jessica had this to say:

If the red fence outside doesn’t shock you, the green walls inside should do it. When they say “possibly use for commercial”, are they talking about the last picture?

We must look at the interior then!

Indeed! What a curious commercial development! What commercial operation could possibly justify that awesome bathroom and awesome price?  Hm…..

Thanks for the find Jessica!

Comments (7) -- Posted by: burbed @ 5:58 am

October 26, 2007

$1.25 million in East Palo Alto – 1020 sqft house

Reports
868 RUNNYMEDE ST
PALO ALTO (East Palo Alto) 94303
Detached Single Family (Class 1)
Bed/Bath: 2 / 1
SqFt: 1,020
Lot: 32,670 sq ft
Age: 99 years
List Price: $1,250,000
Assoc Fee:868runny.jpg
Remarks
HUGE LOT ! 32,670 sf. with a 2-story house -2 bedroom and 1 bath House is between “Rose-Garden”subdivision and 7 new 2story homes under construction.Call your investors and developers!!!

At first, you might think: Hm… $1.25 million for a 99 year old 2/1 with 1020 sqft?

But then you perk up: it’s East Palo Alto.

And then you perk up even more: It’s on a 32k sqft lot.

HOLY COW. 32,000 sqft! Good lord! What can youdo with all that land?

Personally, I’d take acue from the present owner:

runny.jpg

What was going on there? Copper ore strip mining! You know – the commodities market is going through the roof these days after all! This is your chance to become rich!

Just think of the potential. It’s like the 1849′s all over again if you buy this $1.25 million property. Fulfill your Californian destiny – speculate today and profit!

Comments (10) -- Posted by: burbed @ 5:31 am

October 16, 2007

What’s $1.25 million and 1221 sqft?

MLS-2.com: Property Details
1149 AUDREY, CAMPBELL,CA,95008 – $1,250,000

4 Beds 1221 Sq.Ft. Aprx. 2 Car Garage MLS#: 753932
3.0 Baths 10,890 Lot Size 59 Yrs Old Aprx. List Date: 2007-09-25

What’s new on MLS-2: Search by % Price Drop // Search by “MOTIVATED SELLERS”

Description – 1149 AUDREY, CAMPBELL,CA,95008
Fixer upper! Large lot over 10,000 sq ft, huge backyard,opportunity to build custom home or remodel. Located on quiet street, excellent Campbell location

Did you guess a house in Campbell?

No? Oh.

Uh.

Well, yeah it’s a house in Campbell. And it’s a fixer upper! So it’s win win!

Just think: Buy it for $1.25 mil, then spend another $300k to build a new house. Presto – you’ve suddenly got a $1.55 million dollar house in the Bay Area. Now that’s something you can write home about!

And with a lot that big, you can easily rent out campgrounds for people to set up tents. Can you say CA$HFLOW?

You can thanks to Burbed Reader Sandi for this find. That is, if Sandi hasn’t bought it already!

Comments (3) -- Posted by: burbed @ 5:04 am

September 12, 2007

Who doesn’t like columns?

It’s J&N Week, Day 3. J&N are Burbed readers who recently submitted quite a number of great finds! Thanks J&N!

MLSlistings Property Detail for MLS number 733369
223 THOMAS DR
Los Gatos, CA 95032
$1,100,000

223thomas.png

This Single Family Residence has the following features:
MLS#: 733369 Approx Age: 43 Years Approx Sq Ft: 1431
Detached Single Family 1 Story Ranch
3 Bedrooms Ground Floor Bedroom 1 Master Bedroom Suite
2 Bathrooms 2 or More Stall Showers 1 Shower over Tub

J&N had this to say:

Those columns sure go with the house.  Why they probably added at least 100,000!

All I can think of is this video clip.

Comments (14) -- Posted by: burbed @ 5:04 am