Quote:
Originally Posted by speeder
I think that someone paid $5M for a double-wide in a trailer park in Paradise Cove, Malibu. Right near the water. There are some bizarre RE stories out here.
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True that. I have a friend who lives in Paradise Cove (literally a trailer park in Malibu). Her dad bought the place eons ago. She had a few multi-million dollar offers for a trailer that overlooks the Pacific. Crazy.
I'm also good friends with a guy who runs a organic farm on PCH (got married there, actually). He has over 5 acres. The developers have been trying to get that land for years. The land is easily worth millions.
He wont sell it to anyone that wont use it as a farm. The soil value is incomprehensible. You can grow anything there. I usually camp there when Im back in LA. Best figs I've ever eaten.