Big on California

Bill Ruane is going big with his listing at 509 California. 4/3 2437 sqft on a 6159 sqft lot for $1.8 million. 

But once again I go back to my theory that if you have $360,000 for a down payment plus the flexibility to write checks for $8,000/month you have options. And if you have options is this really the house for you?

Or you can rent Kirk Brown’s photoless home that’s the same size, on the same side of town and $3000/month less. 

Funny how renting starts to look really smart at these numbers. WHY THE FUCK would anyone in their right mind pay an extra $3000 per month to say that they are home owners? You are trying to find a place to live in, that’s it. Imagine $36,000/year extra in your bank account plus you still have your $360,000 in savings/brokerage.  What logic makes buying this home a smart financial decision.

Bill’s description is in ALL CAPS so it must be worth it.

UNIQUE CRAFTSMAN STYLE HOME IN EL SEGUNDO! INVITING AND OPEN FLOOR PLAN RECENTLY RENOVATED. THIS STUNNING 4 BEDROOM, 3 BATHROOM HOME FEATURES UPDATED, MODERN KITCHEN WITH LOTS OF SPACE, STAINLESS STEEL APPLIANCES, BUILT IN REFRIGERATOR AND RELAXING DINING AREA. ONE BEDROOM AND FULL BATHROOM ON FIRST LEVEL. SECOND LEVEL BOASTS 3 BEDROOMS WITH PRIVATE BALCONIES OFF OF EACH ROOM, 2 BATHROOMS AND A SEPARATE LAUNDRY AREA. DOUBLE PANED WINDOWS THROUGHOUT HOUSE. SPACIOUS LIVING ROOM LEADS TO SECLUDED AND PRIVATE ENTERTAINER’S BACKYARD WITH BARBEQUE AREA AND FIRE PIT. RV PARKING!

 

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