What $250k gets you in Los Angeles .. oh and add taxes ..

[mat200]

remember to add 0.72% tax rate for property tax .. so $1800 per year in property tax to start you off ...


$250,000 3 bd 1 ba 966 sqft
12914 S Thorson Ave, Compton, CA 90221

 

[mat200]

This is what you can get in Dallas Texas ..

 

[The Automation Guy]

Who in their right mind tries to do a complete gut job without permits - especially in California? Dumbest "flipper" ever........

 

[rolibr24]

Who in their right mind tries to do a complete gut job without permits - especially in California? Dumbest "flipper" ever........

I’ve done it.

I essentially doubled my house size in 09. Added a large 2 stall garage, made it two stories. Put a master bed and bath up there and a second bath.
Completely gutted the second story and redid that at the same time. Siding, windows, roof etc.

2020 under the “lockdown”. I did a complete gutting of the main floor and kitchen remodel. Had contractors come in who were extremely willing to work because their jobs were considered “non essential.”

I’ve never pulled a permit. I’ve always been one who lives by it’s better to beg for forgiveness than ask for permission. Especially when it comes to dealing with anything that involves dealing with government.

My biggest regret was when I did the big addition the salesman who I used for the project ended up being our local tax accessor. Needless to say it didn’t take long before the taxable value of my house to go up…..

 

[Parley]

remember to add 0.72% tax rate for property tax .. so $1800 per year in property tax to start you off ...


$250,000 3 bd 1 ba 966 sqft
12914 S Thorson Ave, Compton, CA 90221


View attachment 134715

Location, location, location. I would be interested to know the crime rate in that neighborhood.

 

[SyconsciousAu]

What 250K gets you in Sydney ....


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[garycrist]

There is NO FORGIVENESS in Cali. Tear it out, apply, maybe someday we'll get back to you
with a sharp pencil and a pocket of red tags. Did I mention one needs to suck a55 to them too.

I was taught those lessons in Mission Viejo Ca., turning an old beauty college into an automotive bossiness.

 

[garycrist]

$249K in Anna Texas...

1322 N Powell Pkwy, Anna, TX 75409 | Zillow

1322 N Powell Pkwy, Anna TX, is a Single Family home that contains 1980 sq ft and was built in 1925.It contains 3 bedrooms and 2.5 bathrooms. The Zestimate for this Single Family is $299,000, which has increased by $5,306 in the last 30 days.The Rent Zestimate for this Single Family is...

www.zillow.com

 

[Arjun]

According to the government,

"That should give you a decent bump in quality of life"

 

[mat200]

Location, location, location. I would be interested to know the crime rate in that neighborhood.

This is what the house used to look like before the hood took everything off but the OSB and 2x4s ... ( they went for the OSB however it started to fall apart as they attempted to rip it off .. used OSB not selling well now on fleabay .. )

 

[mat200]

$249K in Anna Texas...

1322 N Powell Pkwy, Anna, TX 75409 | Zillow

1322 N Powell Pkwy, Anna TX, is a Single Family home that contains 1980 sq ft and was built in 1925.It contains 3 bedrooms and 2.5 bathrooms. The Zestimate for this Single Family is $299,000, which has increased by $5,306 in the last 30 days.The Rent Zestimate for this Single Family is...

www.zillow.com

nice ..

Interesting it was for rent and now for sale .. hmmm .. looks like something has changed in the market ..

 

[Arjun]

Probably due to an influx of outsiders thus upsetting the balance or an efflux of people getting of that area or both ways if it pertains to demographics and overall social and economic prosperity

nice ..

Interesting it was for rent and now for sale .. hmmm .. looks like something has changed in the market ..

 

[garycrist]

That is on our "main street" also I think it's commercial too.

 

[mat200]

This time of year, people rush to file their taxes, and they all find that one thing in common: It's a long, hard process. With the new tax laws being implemented, it becomes especially important to understand how the process works. The first step is figuring out what you owe in taxes—and if you don't use the right tools, you might end up paying more than you should. You may have heard about the free online tax software services like *spam link removed * and H&R Block at Home that can help you fill out your taxes. Still, these services are all run through third-party companies, and your information could be sold by them.

Hi @adalbertoresi ... what does this have to do with homes in Los Angeles ?