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Porsche-poor Porsche-poor is offline
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Join Date: Sep 2004
Location: Tacoma, WA
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Quote:
Originally Posted by sammyg2 View Post
Here's an interesting deal:
in the pic below, notice there ain't no roads in the red circle?

That is a whole bunch of prime beachfront property, worth many $millions an acre and that entire area belongs to ......CHEVRON. Almost as big as the cities that surround it. over 1000 acres.
They got a big ole oil refinery there.
Eventually it will be squeezed out, and I can't imagine how much that land will sell for.
Bet it'll rival the Irvine company.

And when it is finally re-developed it'll change west El Segundo into a high(er) rent district, that would be a good investment iffn you had the time to wait. Could take 20 years or better.

possible super fund site.
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Old 10-22-2019, 09:25 AM
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