Who the hell with 4.45 million dollars to spends wants to live in charming but very middle class Eagle Rock, property size be damned?
For that amount of money you can do cache of Pasadena, San Marino, Los Feliz, almost anywhere in the Hollywood Hills from Los Feliz to Sunset Plaza. You can even find great homes in Bel Air and Bev Hills and/or Bev Hills Post Office for that price. Ridiculous. Boggles the mind.
I can’t think of one type of person with that much mullah that would want to LIVE in Eagle Rock. Its best bet is that its bought by some developers who should correctly divide the property up then build single family homes/townhouse/condos and keep the main house as some sort of community center.
First Plans Released For Huge Towers Next to Capitol Records
@guest #179: $5M!? Wow! You are tough to impress. I’m not sure I’d want to date your ilk.
So, I suppose if you’re talking about the Platinum Triangle crowd, then you’re correct, they don’t take the subway for a lot of reasons, not least of which is the fact that, well, it doesn’t go there.
But that’s a pretty fucked up definition of rich. Wikipedia puts "rich" at $1M+ in assets or $250K a year. Lots of people like that on the metro. For what it’s worth, Beverly Hills 90210 Median income is only $167,282, and Bel-Air $207,938…
So I guess I won’t be "guest-commenter-on-Curbed-rich" for a few more years, but I’ll sure as shit still be taking the subway.
Is Anjelica Huston Seriously Turning Her Venice Fortress Into a Private Seltzer Water Tasting Club?
Sell to a gardner at any price? $12m is hardly selling a classic car to the gardener for any price. Venice IS still gritty but its grittiness isn’t long for that corner of L.A. There are just too many well-to-do people living there now. ’Tis true. Who do you think are buying all those 900 square foot cottages for a million or more? People with money. Maybe not Bel-Air money but, still, money. Have you been to Abbott Kinney lately? Rodeo Drive it is not—thank god—but hardly the dumpy slum you seem to think it is. Whether you like it or not, there will be a long waiting list of people who ache at their very cores to pay $2k a year to join a private club where they can do such fascinating things as attend regular soda water tastings or whatever other shenanigans the buyers have planned.
Rentals in the OC, Thousand Oaks Are Not Very Affordable
@guest #18: You are right intolerant people like you are moving. Most of the South and West is about 35%-50% Latino now. That’s why you need to make enough money to live in Brentwood or Bel Air to see less minorities. I’m sorry you are one of the poor white folk and still can’t tolerate anyone else. Wake up the whole country is changing. Either make tons of money and move to the Westside or get used to everyone not being white. PS even if you live in Brentwood you still have Latino workers, and gardeners, and will see them in shops and driving around (even in Texas, Nevada, or Alabama). So you need to realize it’s not 1950 anymore and America is a place for everyone of every race and religion. That’s what makes this country great. It gives equal opportunity to all.
Shrunken 1111 Wilshire Apartment Already About a Third Filled
@guest #40: Seriously who cares if you born here. People think that’s something special. Your mommy and daddy had sex in L.A. wow lets give you a medal….. It’s were you now and were you live. I was born in Russia and live in Bel Air. You were born in L.A. and live in cell block sorry apartment block…look I’m now a a—hole Angeleno. It’s all about were you now not were you were born, no one cares. I find most people born in L.A. lack sophistication, and generally poor compared to wealthy new immigrant who are far more intellectual, less shallow and more business savvy. Generally you work for us. Keep up the good work, might get you a raise.
How Much It Costs to Rent in 9 Fancy Celebrity Neighborhoods
Ok. Ignoring the 8 year olds who have RSS feeds set up to alert them when anyone posts about celebrities…
@guest #3: Other than Bel Air/Holmby and Beverly Crest, all of the areas listed have apartments. For BA/H, they are probably referring to Westwood apartments and for Beverly Crest, the apartments in the flats.
It’s called having a roommate. You find someone besides mom who will put up with your azz (clearly a problem from your post), rent a two bedroom apartment, each use a bedroom and share expenses.
Santa Monica is the second skid row of L.A. Residents should be happy anyone cares about there dump of a city were half the residents are poor or homeless. The other third are tourists, and the wealthy resident in the homes get robbed all the time. Everyone I know in SM has got robbed at least once, even took a huge safe out of my house when I lived in that dump of a unsafe filled with scum city. They target the wealthy home owners there but you won’t here that on the news. Much prefer Bel Air were no one even walks on my street let alone see a homeless person.
1924 House on Los Feliz Hasn't Hit the Market Since the '70s
Obviously a person LACKING style and vision sadly feels 3 mil is needed to make this a beautiful compound in Los Feliz. This home is ARCHITECURALLY desirable and no different than those JEWELS on Sunset Blvd. In Beverly Hills/Bel Air/ Holmby Hills nor in Brentwood on San Vicente. A/C systems are under 25k last time I checked, the Kitchen needs just to have the cabinets painted and this IS overpriced? The home behind sold for near 2.9million THISYEAR! A Garden in the rear, fresh coat of paint in and out, can bring this to higher value!
LA County Median Home Price Up $95k Since May 2012
@guest #12: Not really a bubble if most people putting 20% down. Prices would need to fall 30% to cause any real damage (unlikely situation with interest rates around 3-4%). Not to mention most sales in area’s over $2 Million are all cash and that bubble never popped. Beverly Hills, Brentwood, Bel Air, never came down much and now selling higher then highs in 2007. They will gain 5% a year weather the bubble pops or not. Wealthy only get richer, and need to buy more homes in an area were all the other wealthy want to live. Limited space and wealthy class is expanding. Government forecasts by 2020 in 7 years millionaire population will grown from 13 million people to close to 20 million people. Prices in luxury market will go much higher, the rest of the market might have it’s ups and down.
6-Plus Percent of Bel Air Up For Sale For $125 Million
Bel Air used to be cheap to buy, it went up in price as people got priced out better parts of the Westside. Now the people think they are exclusive but many people even the 1990’s paid less then $500K. Looks what these home on sale now used to go for:
Only the big homes are what makes the area, the rest of the population are cast out and poors of the city walking their dogs like homeless people in the middle of the road.