2827 SAN JUAN Blvd Belmont, CA 94002

 

2827 SAN JUAN Blvd Belmont, CA 94002

Price: $630,500

Beds: 3
Baths: 3
Sq. Ft.: 2,380
$/Sq. Ft.: $265
Lot Size: 0.3 Acres
Age (Years): 64
Year Built: 1944
Type: Detached Single Family

Last sale: Apr 15, 2008 $900,000
Loss if sold for asking: $269500 or 29.9%

At first glance, this home looks like a good deal for Belmont, but my friend actually went to see it and found out why it was so cheap.   Apparently the previous owner was a “crazy lady” who built 9 unsanctioned studios on the lot, and she rented them out against city permits.  Her neighbors hated her and the city tried to tear her studios down for years, and then she died.  The listing is just for the main house, but whoever is the next owner will probably have to tear down all the unsanctioned construction, and who knows what kind of fines she had.  Anyway, my friend said that the place looked like a cult commune.  I thought it was pretty funny.

Comments

5 Responses to “2827 SAN JUAN Blvd Belmont, CA 94002”

  1. Jackson Robertson on October 9th, 2008 2:47 pm

    Perfect, this might be exactly what we’re looking for!!

    Thanks for the feedback…

  2. Beth on December 20th, 2008 1:15 pm

    Hey, Jackson — Did you go look at this property? It sounds like a mixed bag, wondering what you thought of it and appreciate your time. Thanks.
    Beth

  3. 2827 SAN JUAN Blvd Belmont, CA 94002 - New $100k Reduction : San Mateo Home Sellers in Trouble - Bay Area Real Estate Bubble Updates on January 9th, 2009 6:50 pm

    [...] wrote a little blurb about this home a few months ago after my friend went to see it.  It still hasn’t sold and now the price is [...]

  4. KT on January 12th, 2009 5:20 pm

    Oh come on.. you left out the best parts of this little dandy. 1) How about the food left in the back room- is it still decaying on the dresser? 2) Has anyone ever flushed the toilet, or is hte floater still around? 3) How about all the fun you can have rolling down your own private hill- a.k.a, the second level living room floor; 4) The bulging outdoor walls where you can estimate for yourself how much longer before the house gives way, 5) Ever take a peak inside the ‘attics’ of the little rentals? Please do- then you’ll know where all those used oil containers go. 6) It wasn’t a woman who owned the house- it was a man. You can see all of his bank and tax records in the bedroom where he died. 7. the woman, i believe, was his sister- she was collecting the rents and putting htem in her pocket. This lasted until the bank protested and kicked everyone out. I could go on and on, but I think you get the gist why this home is sitll on the market.

  5. Comment highlight on 2827 San Juan Blvd, Belmont : San Mateo Home Sellers in Trouble - Bay Area Real Estate Bubble Updates on January 13th, 2009 6:53 pm

    [...] left this lovely comment on the story about 2827 San Juan Blvd that I thought should be highlighted for those of you who read this through a feed and don’t [...]

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