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.