March 23, 2011

Very Vital Venture Value in Vibrant, Vigilant Vallejo

imageHope everyone enjoyed yesterday’s Vallejo field trip, because we’re returning to the first California city to declare bankruptcy!  Despite managing to stay current on its bond debt, any place of comedy gold such as homeowners pouring cooking oil on their fences to repel excess prostitutes has to have real estate worthy of the Burbed treatment.

And fortunately for you, Burbed reader sfbubblebuyer has found just the place.  You are going to love this one.

745 Georgia St, Vallejo, CA 94590


BATHS: 2.5
SQ. FT.: 3,382
$/SQ. FT.: $228
LOT SIZE: 6,500 Sq. Ft.
TYPE: Detached
STYLE: Victorian
COMMUNITY: Vallejo Heights
COUNTY: Solano
MLS#: 40148113
STATUS: Pending
ON REDFIN: 222 days

Located in the heart of Vallejo, this 3382 sq. ft home has 7 bedrooms and 2.5 baths in the Heritage Area of downtown. Extra rooms downstairs can serve as study and/or work rooms. Recently renovated, this home has hardwood floors. Escrow#502-7525 in Placer Title Vallejo

Here’s what sfbubblebuyer has to say about this house:

$770k to live in Vallejo.  Still within walking distance of the hookers.  It sold for 766, then foreclosed for under 300k.  Then bought for even less, now flipped back on the market for more than the peak pricing.

imageWalking distance of the hookers?  That’s not a bug, that’s a feature!  Can you say… bordello?  Come on, this place has 7 bedrooms, plus extra rooms downstairs that can definitely serve as study and/or work rooms.  The property history came from BAREIS, wink wink nudge nudge.  The agent all but spells it out: this home has hardwood floors.

Just imagine all the work you could get done in this one featured room alone, at left! Century-old brickwork ensures nobody leaves without payment in full.

Now look at this location, location, location for a high-traffic business!


imageConvenient to Highway 29, on a corner for easy access, plus you can put in a discrete exit for your high-powered clients.

See the lucky guy in the mirror on the left?  Bet he didn’t know about the home’s built-in videocam system, clearly the inspiration for Vallejo’s plans to deal with aggressive street business.  So not only will the city’s police efforts drive traffic to your (closed) doors, you can generate a second line of income by selling souvenir photos!  Your clients will be delighted to pay premium rates for exclusive copies, too!

Don’t let a little thing like this place going pending after 222 days stop you!  Obviously it’s not really in contract, since the listing history isn’t updated.  That’s just a marketing trick to make you get more excited, wondering how firm the other offer really is.  You need to batter down the agent’s door and make your best overbid so you can start doing Vallejo business now!

Comments (13) -- Posted by: madhaus @ 5:04 am

February 16, 2011

Live in the heart of the city… sort of…


Beds: 4
Baths: 4
Sq. Ft.: 3,856
$/Sq. Ft.: $778
Lot Size:
TYPE: Patio Home/Villa
STYLE: Mediterranean
VIEW: Hills
Year Built: 2002
Community: San Jose
County: Santa Clara
MLS#: 40489219
Source: EBRD
Status: ActiveThis listing is for sale and the sellers are accepting offers.
On Redfin: 129 days
Don’t miss it this time around! Great home for a great price! Has every upgrade you can imagine. Over 750K in upgrades. visit website-www. 306villacornet. com One of a kind, unique, largest unit right on the row. Rarely available plan-fully furnished. Absoultely stunning. Breath taking views. Exquisite

Have you ever wanted to live in the heart of the city? Well… now you can… sort of…

I will say, this is pretty unique. If you’ve ever wondered what it is like to live in a mall, here’s your chance. And, you’ll have the bragging rights of paying $3M to all your friends!

By the way, the views may take your breath away because it is the exhaust from Winchester and Stevens Creek traffic. But hey, that’s city living for ya!

Comments (14) -- Posted by: burbed @ 5:17 am