A property in Altadena, CA, destroyed by the Eaton fire sold for over $100,000 above its asking price, sparking interest in vacant land in fire-stricken areas. The 9,109-square-foot lot, listed for $449,000, generated intense interest, receiving serious offers within days. Real estate agent Brock Harris highlighted that flat lots are rare in the region, making them appealing to builders and flippers. Despite post-fire challenges, the owner opted to sell rather than undertake a lengthy rebuilding process, suggesting a trend in market behavior surrounding fire-damaged properties.
The swift sale of a burned-down home in Altadena reflects a strong interest in vacant land in Southern California amidst ongoing concerns about fire damage.
Real estate agent Brock Harris noted the uniqueness of the Altadena property, stating that flat lots are unusually valuable in the hilly region, which led to increased demand.
Collection
[
|
...
]