REAL ESTATE NEWS
Untitled Page
Las Palmas auction kicks off next week, continued ...
The innovative auction format also allows brokers to make as much money per transaction as possible – it's a positive, especially with the slowdown in the industry in recent months.
The project was originally built in the early 1970s, and MDC acquired the space in October 2006, with a vision to turn it into the largest industrial condominium conversion in the history of O.C. The company finished its renovations in April of last year, after spending nearly $4 million on the makeover. Among the improvements: removing all the existing landscape and older storefronts; putting in concrete walkups; new front doors; and utilizing a master-sign program.
And it's paid off: Bentrott says many people think it's a brand-new complex.
Minimum bids range from $299,000 to $950,000, depending on the size of the unit. For more information, visit laspalmasauction.com.
<< PREVIOUS PAGE
Related headlines
First-time homebuyer tax credit extension gets OK
'OC METRO Minute,' Nov. 9: BIA-O.C. CEO Kristine Thalman talks about tax credit
Newport Beach's Voit sees uptick in tenant transactions
Las Palmas auction kicks off next week, continued ...
The innovative auction format also allows brokers to make as much money per transaction as possible – it's a positive, especially with the slowdown in the industry in recent months.The project was originally built in the early 1970s, and MDC acquired the space in October 2006, with a vision to turn it into the largest industrial condominium conversion in the history of O.C. The company finished its renovations in April of last year, after spending nearly $4 million on the makeover. Among the improvements: removing all the existing landscape and older storefronts; putting in concrete walkups; new front doors; and utilizing a master-sign program.
And it's paid off: Bentrott says many people think it's a brand-new complex.
Minimum bids range from $299,000 to $950,000, depending on the size of the unit. For more information, visit laspalmasauction.com.
<< PREVIOUS PAGE
Related headlines
First-time homebuyer tax credit extension gets OK
'OC METRO Minute,' Nov. 9: BIA-O.C. CEO Kristine Thalman talks about tax credit
Newport Beach's Voit sees uptick in tenant transactions
