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The Obamas Are Trading the White House For This $5.3M Mansion
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Twinkle1 Twinkle1 8 years
Maybe he bought it for a relative.
lolalu lolalu 8 years
I'm cracking up too veside! I actually live in Studio City and dream of the day my husband can afford to live buy and 800k house.... Its unfortunate because where i'm originally from (OH) 800k would practically by a palace!
sldc sldc 8 years
With the way the California real estate market is going, he must be pretty confident/oblivious that this cozy house will not depreciate wildly... or the lot's location is just too amazing to pass up (which I do not see). I cannot believe anyone would pay $800k for a middle class house. Over inflated prices are not a sign your lifestyle is better, it is a sign your money is devalued.
veside veside 8 years
hee hee. I like how this is a "humble" home for about 800K! The size is about that of my house, and, in fact the whole setup is quite similar (pool etc etc), only in a different location in the US it retails for a LOT LESS. Prices are California are nuts!!! It would be interesting if Casa followed this story up to see if Chanandler Bong renovates this place and how..
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