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23412 Pacific Park Drive #25A, Aliso Viejo, CA 92656

By Patrick   Follow   Wed, 5 Sep 2012, 12:47pm   468 views   1 comment
In Menlo Park CA 94025   Watch (0)   Share   Quote   Permalink   Like   Dislike  

Just to show that I'm not always implacably opposed to buying, I'm posting a condo here with a PDF that the agent sent me:

http://patrick.net/contrib/23412PacificParkAlisoViejo.pdf

This one actually seems to be an OK deal compared to renting the same thing, even with my moderately pessimistic assumptions about rent and appreciation:

http://patrick.net/housing/calculator.php?uaddr=23412+Pacific+Park%2C+92656&rent=1%2C700&price=245%2C000

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1. pkennedy Follow Befriend (8) 28 threads 1,350 comments Redwood City, CA

   1   6:17pm Thu 6 Sep 2012   Share   Quote   Permalink   Like   Dislike   There are plenty of these out there. Not only that, it's capx rate is 6% and it has 6% dedicated to a rental company. Remove that, and you're looking at a very healthy return. These types of units have gone up from about $150K last year.