Updated info on previous off the books homes

Turns out 303 E Mariposa closed at $845K.  988 sq ft on a 4000 sq ft lot. Someone overpaid. But hey, Bill Ruane made at least $20K!

http://www.zillow.com/homes/410-Valley-ST-EL-Segundo-CA-90245_rb/

410 Valley was a weird deal. It showed up on Zillow as a for sale by owner. But the “owner” was an agent repping someone who purchased this home (and others?) as the result of an estate or probate. It is 1754 sq ft on a huge 10,785 sq ft lot but it needed new everything. Maybe some developer will build a grand monstrosity that we can all scoff at. It changed hands just over asking at $1.3 mil. I was hoping the dust would settle and I could see what the previous temporary owner paid for it but he never titled the home. It was a quick flip for him and I can only imagine netted him a hundred K plus.

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