Other recent news: Proposed Westside path involves removing 33 trees; city to add more traffic enforcement vehicles with license plate readers; Museum of Contemporary Art canceled this year’s Día de los Muertos event; the possible end of capital gains taxes on home sales.
The Siteline newsletter is the best way to follow the website. To subscribe, click the link at the bottom of this post. And you can unsubscribe at any time.
Plus: Update on the upper San Ysidro trail and Romero Jeepway; the Riviera “rain totems” have been moved; construction at the former Klaus Automotive building; answers to two questions about debris basins; Steve Martin riffing locally; exploring the Ventura River Parkway Trail to Ojai.
Last week’s sales also include a Riven Rock spread; fixer/teardown above the Upper Village; Hope Ranch starter home; Montecito Shores two-bedroom for a million off the initial ask; Coyote Road compound for a loss; and an old-school cottage across from Shoreline Park.
The stretch of Mountain Drive between Cold Spring and Cielito is popular with walkers and cyclists because it’s pretty and winding and flat—with enough quirk to compete with the view.
The Siteline newsletter is the best way to follow the website. To subscribe, click the link at the bottom of this post. And you can unsubscribe at any time.
Know where this was shot? Prove it in the comments. (Update: We have a winner!)
Noteworthy new listings also include a TV Hill party palace; Ennisbrook single-level; something unique on Hidden Valley Lane; modest architecture in Campanil; Modern Zen in Rancho San Antonio; and more.
Other recent news: Likely start date for the final phase of Highway 101 widening; more women’s apparel on Coast Village Road; update on the removal of ficus trees on Milpas Street; this year’s Fiesta parade route; new jewelry repair shop; possible shift in the deadlock over Sable Offshore’s attempt to restart operations; Ventura will reopen Main Street to cars in the fall; outsourcing at Edhat.
Recent Comments
John: I think we should keep in mind that Yardi is a software company that sells software *and data* for *real estate property management*. The… — SBradley
Though Yardi is a commercial software developer, real development is much riskier. That business has moats, history, customer lock in and competitive advantages. Redevelopment and… — John
You should remember that where you're sitting right now used to be a tree, a field, or open land at some point. You benefit every… — Tony Machado
It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B