Back in February we profiled a series of empty McMansions in Arcadia. Most of them were brand new, big and overpriced. After a total of 217 days on the market, the following McMansion on 8th Street finally sold. Original listing price: $2,980,000 ($398/sf) Final sales price on 6/12/08: $2,600,000 ($347/sf) The 13% price reduction might … Continue reading **Update** Empty McMansion #2 – SOLD! →

1800 Lee Ave. Asking Price $1,658,000 ::: Sq-ft 5,000 Purchased Price $758,000 ::: Lot Size 10,500 Purchased Date 10/21/2005 ::: Beds 4 Days on Redfin 3 ::: Baths 4.5 $/Sq-ft $332 ::: Year Built 2008 20% Downpayment $331,600 ::: Area Santa Anita Income Required $414,500/yr ::: Type SFR Est. Payment* $8,383/month ::: MLS# W08035337 *Estimated … Continue reading Empty McMansion #7 →

619 Rosemarie Dr. Asking Price $1,280,000 ::: Sq-ft 3,150 Purchased Price $480,000 ::: Lot Size 7,440 Purchased Date 11/21/2003 ::: Beds 4 Days on Redfin 56 ::: Baths 4.5 $/Sq-ft $406 ::: Year Built 2007 20% Downpayment $256,000 ::: Area Baldwin Stocker Income Required $320,000/yr ::: Type SFR Est. Payment* $8,090/month ::: MLS# W08004196 *Estimated … Continue reading Empty McMansion #6 →

333 E. Las Flores Ave. Asking Price $1,738,000 ::: Sq-ft 3,954 Purchased Price $788,000 ::: Lot Size 9,417 Purchased Date 08/23/2006 ::: Beds 5 Days on Redfin 32 ::: Baths 5.5 $/Sq-ft $440 ::: Year Built 2008 20% Downpayment $347,600 ::: Area Santa Anita Income Required $434,500/yr ::: Type SFR Est. Payment* $8,787/month ::: MLS# … Continue reading Empty McMansion #5 →

322 Leda Ln. Asking Price $1,999,000 ::: Sq-ft 4,450 Purchased Price $779,000 ::: Lot Size 9,840 Purchased Date 11/03/2006 ::: Beds 5 Days on Redfin 45 ::: Baths 4.5 $/Sq-ft $449 ::: Year Built 2008 20% Downpayment $399,800 ::: Area Santa Anita Income Required $499,750/yr ::: Type SFR Est. Payment* $10,107/month ::: MLS# W08008865 *Estimated … Continue reading Empty McMansion #4 →

415 W. Palm Dr. Asking Price $1,999,000 ::: Sq-ft 4,475 Purchased Price $765,000 ::: Lot Size 9,480 Purchased Date 08/01/2006 ::: Beds 5 Days on Redfin 7 ::: Baths 4.5 $/Sq-ft $447 ::: Year Built 2008 20% Downpayment $399,800 ::: Area Baldwin Stocker Income Required $499,750/yr ::: Type SFR Est. Payment* $10,107/month ::: MLS# A08026688 … Continue reading Empty McMansion #3 →

1103 S. 8th Ave. Asking Price $2,880,000 ::: Sq-ft 7478 Purchased Price $750,000 ::: Lot Size 27,063 Purchased Date 04/19/2004 ::: Beds 7 Days on Redfin 113 ::: Baths 7.5 $/Sq-ft $385 ::: Year Built 2007 20% Downpayment $576,000 ::: Area Near Monrovia Income Required $720,000/yr ::: Type SFR Est. Payment* $14,561/month ::: MLS# A07162003 … Continue reading Empty McMansion #2 →