View Full Version : California "Gold" Real Estate


Caroline13
06-05-2021, 05:19 PM
I don't know if there are California members here but I want to bring up the huge real estate market in CA.

The property I'm going to link was bought by a former boss in the 70's for about $200K, and I was involved in going thru it all with him. I looked at this a couple yrs ago and it was appraised for about $8Million.

https://www.zillow.com/homedetails/100-S-June-St-Los-Angeles-CA-90004/20779149_zpid/

What a wild state, from the filthy rich to the very poor.

Fleet
06-07-2021, 11:29 PM
I live in California. Northwest of Los Angeles.

Yes, house prices have been very high here for about one year.

Caroline13
06-08-2021, 12:42 AM
I live in California. Northwest of Los Angeles.

Yes, house prices have been very high here for about one year.

One year!!! When I moved here in the mid 60's talk about shock...we looked at a house back then that was priced at $76K, we just sold a house in the East for like $24K, so could not fathom that. Today that $76K house is over $2Million.