CRR Blog

3 Deals from yesterday... Low Prices at Trustee's Sales....

2BR/2BA CONDO at 12601 Van Nuys Blvd #148 in Pacoima...


Value:  $132,000.00   Est Bid:  $248,182.00  Sold for only...   $70,000.00   !!!


This property sold for just above half of its value.  The lender chose to take a loss and walk away. 


3BR/1BA Home at 2716 Bruin Ave. in South El Monte...


Value:  $332,500.00  Est Bid:  $45,891.00   Sold for only...    $220,000.00   !!!!


This property had a very low initial bid based upon the balance past due. The bidders drove the price up.


Hollywood Hills Luxury Home at 8697 Franklin Ave. just above Sunset....


Value:  $1,320,500.00  Est Bid:  $1,427,062.00  Sold for only...   $635,300.00   !!!


This home as marked down to less than half of market value for a quick sale. This was a bargain.


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