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Tag: 4161 Creciente Drive

January 29, 2024

  • Hot Property

Striking New Contemporary Sells for $7.825 Million

Last week's sales also include 1980s Hope Ranch oceanfront; two on Eucalyptus Hill; off-market Mesa four-bedroom; Riviera house after six price cuts; Hedgerow fixer; and more. 2

December 3, 2022

  • Just Listed

An Oceanfront Fixer in Hope Ranch

Noteworthy new listings also include a meaty lot in a Montecito gated community; 81-acre survivalist hideout; Hope Ranch teardown; backwoods energy on East Valley Road; prime views on Alameda Padre Serra for under $3 million; and a 1926 Craftsman in the San Roque spider web. 3

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Just Listed

  • A Zhushfest Way Above E. Mountain Drive
  • Adam Levine and Behati Prinsloo Want $65 Million for Their Picacho Lane Mansion
  • Bumpy 1990s Mediterranean Above Summerland
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  • 1930 Toro Canyon Villa by the Architect of the Hoover Dam

Recent Comments

You are correct. It's a myth. Other than depreciation on a vacant building that is available for lease there are no write-offs. And if you… — Bettye Jones

Carbajal doxing law enforcement is disgusting. When you have 'law makers' running to break the law to secure future votes it has a negative impact… — Lola Machado

"Zhushfest" - you're killing me! LOL — JILLIAN

I laugh so hard when reading your property descriptions, thank you for that! — Susie

The bigger factor is that if an owner accepted lower (aka "market") rent, it would reduce the overall value of the property on paper. Which,… — Sean

Rich - No. They get the depreciation regardless of whether it's leased or vacant. — Jefferson A.

Depreciation. — Rich

Apzer, can you please direct me to the IRS rule where i can deduct rental losses? i have never heard of such a thing, and… — Derek

The "pedestrian mall" along state street is more like an e-bike tournament venue — Bettye Jones

Apzer, that is totally false on landlords receiving a financial benefit for vacant properties. Please don't spread misinformation. — Jefferson A.

Restaurant News

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Walk With Me

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Burning Questions

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  • Four Questions From the Mailbag
  • What’s This Pole With a Flashing Blue Light?
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