A year ago, as we looked ahead to the 2013 rally-to-be, Dave was quoted on the front page of the LA Times, saying of MB, "The days of little cottages for under $1 million are mostly behind us." That prediction bore out in 2013.
Now as the 2014 market unfolds, look at what has been offered in recent weeks and months under $1M:
A parcel of pure dirt in a heavily compromised location at 1120 6th St., which was listed under "lots and land" at $895K and made a quick deal. (You would not have seen it in a typical MLS feed showing actual houses for sale.)
Compromised location? This 7500 sq. ft. plot abuts the parking lot and structure of a sports bar. (Can we just say Mr. Pockets?) We've heard tell of past efforts to join it up with the commercial lot, but…