February 8, 2014

Fixer Upper in Palo Alto – Just $1.85 million!

Oh, frabjous day! Well, what are you waiting for?

140207-oberlin-redfin2114 OBERLIN St
Palo Alto, CA 94306
$1,895,000

2 Beds
2 Baths
896 Sq. Ft.
$2,115 / Sq. Ft.
Built: 1932
Lot Size: 6,250 Sq. Ft.
On Redfin: 12 days
Property Type: Detached Single Family
Stories: 1
County: Santa Clara
Style: Cottage/Bungalow
Community: College
MLS#: 81402493

RARE OPPORTUNITY IN COLLEGE TERRACE! 2 COTTAGES IN ORIGINAL CONDITION ON THE PROPERTY (BUILT IN 1932). Each Cottage has one bedroom and one bathroom. LOT SIZE 6,250 sq ft per City of Palo Alto Parcel Map and RealQuest(Lot Width/Depth: 50 X 125). Two one-car garages.

140207-oberlin-drivewayTwo one-car garages! Now THAT is a rare opportunity.

What’s even rarer is a peek inside either cottage.  No such luck.  The agent figures both of those puppies have a big date with the bulldozer.  It’s enough to make you lament for the poor average millionaires who will have to share the block with another billionaire running roughshod all over them.

Comments (26) -- Posted by: madhaus @ 7:02 am






October 15, 2013

Front house one is main house

Let’s check out San Mateo today. Whoa – selling shortly!

131014-9th-redfin1105 9TH Ave
San Mateo, CA 94402
$830,000

6 Beds
3 Baths
2,410 Sq. Ft.
$344 / Sq. Ft.
Built: 1940
Lot Size: 5,085 Sq. Ft.
On Redfin: 174 days
Stories: 1
County: San Mateo
Community: 19th Avenue Park/Sunnybrae
MLS#: 81313428

Duplex in good neighborhood. Front House one is main house 2 bedroom 1 bathroom and back House 4 bedroom and 2 bathroom, kitchen remodeled, close to transportation and freeways, needs some TLC

It’s not just the house that needs some TLC, it’s the listing copy. Also, really, there are still short sales? What are they waiting to happen? Is the FB going to magically pay off this loan and throw the bank an extra $500K for their trouble?

At least they told the truth about being close to transportation and freeways.

131014-9th-close-to-freeways

Comments (7) -- Posted by: madhaus @ 7:05 am

October 9, 2013

Needs a lot of work

Here’s a house for the budget-conscious. You may not get much when you look for “affordable housing” in the Bay Area, but at least there won’t be huge swathes of ugly.  Just small ones.

131009-weld-redfin7324 WELD St
Oakland, CA 94621
$115,000

4 Beds
1.5 Baths
780 Sq. Ft.
$147 / Sq. Ft.
Built: 1912
Lot Size: 3,500 Sq. Ft.
On Redfin: 2 days
Status: New
Type: Detached
Stories: 2
Community: East Oakland
MLS#: 40634301
Style: Bungalow
View: Other
County: Alameda

Fixer upper house this property needs a lot of work, two story building with a large back yard.

If a 3500 square foot lot leads to “a large back yard,” just imagine how much “a lot of work” adds up to. Our money is on that streetname illustrating just one of the many kinds of fixes in store.

image

Bunus: Dudette Hanging Out in the Streetview shot.

Comments (17) -- Posted by: madhaus @ 7:06 am

September 27, 2013

Speaking of million dollar fixer uppers, here’s one

Only this one isn’t in Palo Alto or even Piedmont. Indeed.

130926-3rd-redfin402 N 3RD St
San Jose, CA 95112
$1,650,000

— Beds
— Baths
3,192 Sq. Ft.
$517 / Sq. Ft.
Built: 1898
Lot Size: 6,302 Sq. Ft.
On Redfin: 30 days
Status: Active
Stories: 2
Community: Central San Jose
MLS#: 81331712
View: Neighborhood
County: Santa Clara

great investment

Not that we’re going to let you, you know, LOOK IT OVER.

This property isn’t all that big and neither is the lot, but it’s supposedly divided (or could be) into little apartments. Buy this house and set yourself up for life as a future slumlord!

Comments (5) -- Posted by: madhaus @ 7:04 am

September 18, 2013

Diamond in the rough. Really rough. For many diamonds.

We’re continuing this Week of Win, jumping to a new county each time. Today we’re headed to Santa Clara, the Mission City.  As in, your mission, should you decide to accept it, is to tell us everything you just love about today’s featured property!

We’ll start. It’s on a street named for an architect!

130917-wren-redfin990 WREN Ave
Santa Clara, CA 95051
$1,598,000

3 Beds
2.5 Baths
2,250 Sq. Ft.
$710 / Sq. Ft.
Built: 1963
Lot Size: 0.52 Acres
On Redfin: 55 days
Status: Active
Property Type: Detached Single Family
Stories: 1
Community: Santa Clara
MLS#: 81326991
Style: Traditional
View: Neighborhood
County: Santa Clara

* Diamond in the rough * Huge Lot * Buyer to verify if the property can be subdivided into 3 lots * With TLC, this house is full of potential

130917-wren-lawnThis house is indeed full of something.  Unfortunately there are no pictures inside so we’re going to have to guess what that is.

Also we’re scratching our heads over how much potential this home is full of, especially with the subdivision suggestion. Maybe it has the potential to have even uglier houses much closer.

Comments (4) -- Posted by: madhaus @ 7:02 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 8, 2013

Opportunity in Sunnyvale!

We have a prince of a property for you today. It’s in a great location, it’s not priced at a batshit insane ask like yesterday’s house, and best of all, you can review the listing in about 25 seconds.  Thanks very much to Burbed reader SB for the nomination!

130807-blair-redfin909 BLAIR Ave
Sunnyvale, CA 94087
$949,880

3 Beds
2 Baths
1,210 Sq. Ft.
$785 / Sq. Ft.
Built: 1955
Lot Size: 5,900 Sq. Ft.
On Redfin: 6 days
Status: Active
Property Type: Attached Single Family
Community: Sunnyvale
MLS#: 81327967
Stories: 1
County: Santa Clara

Sunnyvale prime location. Rear opportunity in Sunnyvale desirable school district.

Upcoming Open Houses

Sunday, Aug 11: Open House – 11:00-2:00 pm

Can’t imagine why you’d need to go to an Open House, as the seller obviously has shared everything you need to know about this rear opportunity. However, an aerial photo does a great job demonstrating just what an opportunity awaits in the rear.

130807-blair-rear

Yes, that opportunity comes in the form of a body shop and a tire store, right on El Camino Real, the Street of Kings!  We can also check the Streetview if you wish.

130807-blair-streetview

DHO! DHO! Maybe he’s a King too!

Comments (9) -- Posted by: madhaus @ 7:07 am

July 26, 2013

Lovely Livingroom in East Palo Alto

Let’s launch you into your weekend Open Housing with a great find from Burbed reader Petsmart Groomer. Enjoy!

130726-azalia-redfin220 AZALIA Dr
East Palo Alto, CA 94303
$349,000

2 Beds
1 Baths
860 Sq. Ft.
$406 / Sq. Ft.
Built: 1951
Lot Size: 5,500 Sq. Ft.
On Redfin: 24 days
Status: Active
Property Type: Detached Single Family
Stories: 1
County: San Mateo
Style: Traditional
Community: East of U.S. 101
MLS#: 813236

One Story Home, Two Bedrooms, One Bathroom, Livingroom, Garaga Conversion, Large Back Yard.

Wow, a Garaga Conversion. That sounds ethnic. Maybe they’re saying you can open a restaurant here. That’s why the vehicles in the driveway are featured so prominently.  Because this is what Silicon Valley is all about: starting a business in your garaga, and then converting it into something that is not a garaga. In this case, a Honda.

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

July 17, 2013

Hate wide open spaces and the such?

Today’s featured freehold is brought to you by Burbed reader Bluto. It may not be in the Real Bay Area but it’s Real Affordable! Let’s find out why.

130716-temple-redfin1115 Temple Ave
Santa Rosa, CA 95404
$165,000

1 Beds
1 Baths
288 Sq. Ft.
$573 / Sq. Ft.
Built: 1925
Lot Size: 1,799 Sq. Ft.
On Redfin: 3 days
Status: Active
Property Type: Residential, Detached, Single Family
Stories: 1
County: Sonoma
Style: Cottage
Community: Southeast Santa Rosa
MLS#: 21315963

As the saying goes Don’t judge a book by the cover. This is a very cute cottage that appears to be in good condition. Perfect for the person who is on the go and doesn’t have a lot of time for yard work and the such. Feels like there is more room in the house than what the square footage reflects!

130716-temple-streetviewOther than knowing Santa Rosa is not, was not, and never will be part of the RBA, let’s turn to Bluto for a little more insight on this listing. And enjoy the Streetview on the left, because the agent thinks one picture is sufficient for a house that fells like there is more room than it has room.

way up in Santa Rosa…the "home" is 288 sq. ft, the "lot" is 1800 sq. ft., the price $165K…and this neighborhood is NOT good

But this house is ALL good, if by good we actually mean NOT good.  Then again, don’t judge a book by the cover. Although in the case of this house, cover is all you’re going to get.

Comments (9) -- Posted by: madhaus @ 7:06 am

July 11, 2013

3000 SQ FT FALLING DOWN MANSION

130710-santacruz-thermosWe’ve been spending a bit of time in the flatlands, so time to check some elevated listings.  Our thanks to Burbed reader Swan for telling us about this find right off Highway 17. Oops, pending!  Even properties sitting around for almost a year go Pending when someone sends them in! It’s like a Real Estate Thermos. An insulated drink holder keeps hot things hot, and cold things cold. How does it know?

In this case, a correspondent sends in a tired listing… and BOOM! Again, how does it know?

130710-santacruz-redfin25000 SANTA CRUZ
Scotts Valley, CA 95033
$649,000

2 Beds
1 Baths
1,237 Sq. Ft.
$525 / Sq. Ft.
Built: 1911
Lot Size: 9 Acres
On Redfin: 320 days
Status: Pending Without Release
Property Type: Detached Single Family
Stories: 1
Community: Scotts Valley North
MLS#: 81231740
Style: Cabin
View: Mountains, Valley
County: Santa Cruz

130710-santacruz-cabinIDEAL ESTATE HOME SITE WITH DIRECT ACCESS TO HWY 17 OR OFF LAUREL ROAD. INCLUDES 1,200 SQ FT GUEST HOUSE, BARN, AND A 3,000 SQ FT FALLING DOWN MANSION. THE MANSION SITE HAS ABOUT 2 FLAT ACRES, SWEEPING MOUNTAIN AND VALLEY VIEWS, CIRCULAR DRIVEWAY, PG & E, & WATER. GUEST HOUSE HAS ABOUT 2 FLAT ACRES WITH DIRECT ACCESS TO LAUREL ROAD. SELLER WILL FINACNE W/ 25% DOWN FOR 3 YEARS.

130710-santacruz-anotherWe don’t have any architecture credentials, but still contend the top picture above is not a cabin.  Now, which of the other two is the “guest house”? Perhaps this is why Swan thought we’d be interested. We certainly seem to have our choice of which crappy building not to live in.

With nothing better to do on a 100 degree day, I am looking for properties in need of some Burbed lovin’!

This may be a Burbed first, a 3000 square foot falling down mansion!!!  Scotts Valley may not be RBA, but $699K (Pending!!!) for a guest house, barn, and falling down mansion on 9 acres – who cares where it is.  Be sure to check out the ideal commute location!

Interestingly, Movoto lists the same address for $5,000,000 in an expired listing.

Oh yes, let’s see that expired listing.

130710-santacruz-movoto25000 Hwy 17
Scotts Valley, CA 95033
$5,000,000

Off-Market
Loan Payment: $19,097/mo
Bedrooms: 2
Bathrooms: 1
Size: –
$/sqft: -/sqft
Type: Single Family House
Year Built: 1900
Lot Size: 9,958,687
Days on Movoto: 649 days
Neighborhood: Scotts Valley North
MLS#: 80914701
Status: Expired

130710-santacruz-gatesMany potential uses/Estate Location/Equestrian Center = Great Trails, Preliminary Study Shows Location may be planted with as many as 130 acres of Grapes – Site is in BEST wine growing location = the Santa Cruz Appleation. Propety suppoorts several homes currently(4); several wells; Barns. Land may be subdividable; there are 9 APN’s Stunning Los Gatos Mountains property, Oaks, Redwoods, Madrone


Unlike the active (whoops, Pending!) listing, this older one can’t be bothered showing any buildings. It’s almost ten million square feet, who needs buildings? That’s 228 acres sitting on the market for 649 days, and only nine acres are in the listing above. That’s pretty good, it took only half the time to sell 1/25th the land!  So if you subdivide this place into a Planned Unit Development with a bunch of 1,800 sf lots, you should be able to get one of them sold in only five months!

Good luck finding what happened to the rest of those properties so you can run some comps. At least the seller will FINACNE W/25% DOWN IN 3 YEARS.  If you’re not sure what to do, just put that FINACNE in your Thermos. How does it know?

Comments (2) -- Posted by: madhaus @ 7:01 am