Disqus - Latest Comments for horses4me

Re: Weekend Opens (2/25-2/26) | Manhattan Beach Confidential

horses4me — Mon, 27 Feb 2012 12:17:49 -0000

good response MBW.

Re: Weekend Opens (2/25-2/26) | Manhattan Beach Confidential

horses4me — Sun, 26 Feb 2012 13:29:57 -0000

OK, here's a question for you.....
Would you rep the seller on this place if they insisted the number was $2.950k?

Re: Weekend Opens (2/25-2/26) | Manhattan Beach Confidential

horses4me — Sun, 26 Feb 2012 13:15:29 -0000

I am still blown away that someone threw $3M at that back in '07. Probably even more surprised that both the current seller and listing agent are so completely off the mark.
"What you paid" has nothing to do with the current market value. For that kind of moolah, you can get a walk street 30x90 with a view. The only downside is that you may need to walk a few more blocks to get a drink.

Re: Weekend Opens (2/25-2/26) | Manhattan Beach Confidential

horses4me — Sat, 25 Feb 2012 20:52:13 -0000

217 9th is vacant by the way...guessing this one may be in trouble??

3108 Vista has been on and off the market for years. Unfortunately, the TH directly accross the alley/Vista seems to have sold for way less recently and it's bigger, newer and in a better location.

Re: Weekend Opens (2/18-2/19) | Manhattan Beach Confidential

horses4me — Sat, 18 Feb 2012 19:37:03 -0000

New-
Noted the microwave may be a bit high but, based upon the image on the 121 listing, it would take <$500 to drop it a bit.

Re: Weekend Opens (2/18-2/19) | Manhattan Beach Confidential

horses4me — Sat, 18 Feb 2012 12:40:07 -0000

217 9th is priced about a million too high...unless you think it's worth paying an extra mil to walk across an alley to get a drink.

Re: Weekend Opens (2/4-2/5) | Manhattan Beach Confidential

horses4me — Sat, 04 Feb 2012 12:10:24 -0000

3207 Crest: Just the thought of carrying groceries from the TANDEM garage (that exits onto Highland) to the kitchen of this chopped-up condo makes my legs wobble. This place has been on and off the market for years.

Re: Weekend Opens (1/28-1/29) | Manhattan Beach Confidential

horses4me — Wed, 01 Feb 2012 13:48:57 -0000

Re: 421 20th Pl
"Panoramic ocean view is from the roof."
Birds will definitely be happy about this.......

Re: Maybe Palm Has Finally Turned | Manhattan Beach Confidential

horses4me — Fri, 27 Jan 2012 20:38:33 -0000

The sky is falling everyone!! 2920 Strand ONLY got MORE THAN 9 MILLION!! Bummer.

Re: Shocker East of Highland | Manhattan Beach Confidential

horses4me — Wed, 23 Nov 2011 15:58:56 -0000

MBW, Neither fair nor accurate to use "normal" sales and short sales in comparisons. Note that both 329 and 408 were bank owned.

Re: Another Strand Flop | Manhattan Beach Confidential

horses4me — Wed, 26 Oct 2011 16:10:48 -0000

What's really funny is the use of the words "flop" and "disaster" when referring to the sale of $5,000,000+ homes in this economy.

Re: PPSF in the Sand, Q1-Q3 '11 | Manhattan Beach Confidential

horses4me — Thu, 20 Oct 2011 13:28:09 -0000

Awesome analysis MBW. Really smart (and more accurate) the way you adjusted the data.
If I was a buyer, knowing that the median was $800/sq ft, would be a very useful negotiating tool. In other words, if I am considering a property and it's priced at $825, I'd want specific rationale why. In most cases, the overwhelming factor is location.

Re: Low By the Foot | Manhattan Beach Confidential

horses4me — Tue, 18 Oct 2011 19:07:36 -0000

I know 301 16th is on Highland. I said 3 are on Highland.

Anyway, I would not even use these as "comparisons" since almost every one of them has a serious flaw. Take for instance, 4104. No only is it on Highland, but the layout is absolute crap, the finishes are Home Depot (tile kitchen) AND it comes with a freegin' tandem garage. Could you even imagine being the blocked car and trying to negotiate pulling out onto Highland in the morning?

The reason the ppsf is so low on these properties is more of a function of inherent issues and not so much the MB market.

Re: Low By the Foot | Manhattan Beach Confidential

horses4me — Tue, 18 Oct 2011 18:29:57 -0000

MBW, The majority of these examples have serious issues and using them as ppsf indicators isn't a good idea. 3 of them are on Highland Ave, one of them is across the street from a school and in bad shape, etc, etc.

Re: Former Speckie Undersells Current Speedies | Manhattan Beach Confidential

horses4me — Fri, 14 Oct 2011 18:09:12 -0000

Rumor going around that curiousgeorgian bought 1901

Re: Another Non-Cut at 36th Place | Manhattan Beach Confidential

horses4me — Mon, 10 Oct 2011 13:22:08 -0000

The best approach to establish a value on 462 36th Pl would be to determine lot value and subtract the cost to demo....

Re: Quick Change, Small Change | Manhattan Beach Confidential

horses4me — Tue, 13 Sep 2011 12:11:57 -0000

Clearly, the seller is nuts. But, even more nutty is the 3rd agent. Why take this listing on knowing the history?

Re: Summer Wrapup, Part II | Manhattan Beach Confidential

horses4me — Wed, 07 Sep 2011 14:15:48 -0000

Any truth to the rumor that Redondo Beach Dud bought the "Package Deal on Alma"?

Re: Weekend Opens (8/27-8/28) | Manhattan Beach Confidential

horses4me — Tue, 30 Aug 2011 13:57:33 -0000

Minor correction MBW...320 31st is priced at $1.379. Damn good location I might add.

Re: A Rent/Buy Example | Manhattan Beach Confidential

horses4me — Thu, 25 Aug 2011 15:55:30 -0000

Can't dispute that B Rat....unless, of course, the $1.5m place appreciates in value to compensate.

Re: A Rent/Buy Example | Manhattan Beach Confidential

horses4me — Thu, 25 Aug 2011 14:47:00 -0000

Got it MBW. But, just to provide another data point, I am aware of a home in the sand that would be valued at about $1.4m and the current rent pmt is $5000/mo.

Re: A Rent/Buy Example | Manhattan Beach Confidential

horses4me — Thu, 25 Aug 2011 13:40:38 -0000

For whatever it's worth, my opinion is that $4200/month for 3204 Poinsettia may be a bit on the low side. I'd use at least $4500.

Re: Open Forum (8/1- ) | Manhattan Beach Confidential

horses4me — Fri, 12 Aug 2011 20:18:28 -0000

If you enjoy cutting-edge, contemporary architecture, do yourself a favor and walk thru the home on the SE corner of 31st and Alma. Note the windows that completely open the north and west wall of the top floor. It's in the final stages of construction.....word is that the construction costs exceed $1.5m.

Re: Inside a Tiny Cut | Manhattan Beach Confidential

horses4me — Thu, 04 Aug 2011 14:57:51 -0000

Hilarious MBW....My opinon is that the seller will be lucky to break $800k.

Re: Open Forum (8/1- ) | Manhattan Beach Confidential

horses4me — Wed, 03 Aug 2011 13:55:18 -0000

AnonMB....Location, location, location.