Friday, August 31, 2007

Million dollar slum - Manhattan beach, CA

The realtor describes the property as a Spanish Bungalow. I've been to Spain and I don't remember seeing anything as nasty as this PoS. This particularly ugly slum was initially listed at $1,195,ooo. However, nobody showed up to buy, and the seller has just taken $100,000 off the asking price. So far, it has been on the market 109 days and isn't going anywhere.

Many thanks to Roy, who found this horror. Roy wondered whether it had one or two bedrooms. Actually, it only has 3 rooms. Moreover, it is only 800 sq. ft. However, it is by the beach. The future buyer can live in squalor and comtemplate life's miseries while looking at the waves.

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