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Oh, No. Say it Ain't So. Down and Out in Beverly Hills

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

Picture this:

You are walking down Rodeo Drive in Beverly Hills.  The sun is beating down.  

Double Take

It is a wonderfully comfortable 75 degrees.  You are window shopping at Gucci, Louis Vuitton,  Cartier, Bijan (you can only window show there because you need an appointment to actually shop).  You pass a Bugatti parked at a meter......

You pass...... hang on, (picture Wiley Coyote double-take) 99 Cents Only Store.

Yep, 99 Cents Only Store is looking for a piece of real estate on Rodeo Drive.  Apparently local residents have been begging for one since they have to drive a mile to the nearest one on Fairfax. 

Are we sure they weren't begging for a $99 only store?

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Comments(37)

Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Jane

Ha ha. The place will probably be jammed if it gets approved. Wonder what the neighboring businesses will think. Is there a Home Depot? Best Buy? Costco?

Jeff

Oct 14, 2012 08:24 AM
Michelle Finnamore
Toronto GTA, Alliston, Newmarket - Vaughan, ON
Preparing your property for sale

Hi Jane, that does seem out of place doesn't it. I like Patricia's line of thinking! Everyone needs disposable glasses and dollar store ones are better than those awful plastic wine glasses. LOL!!

Oct 14, 2012 09:01 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Let us know if they succeed, Jane ... and who will allow themselves to be seen going in and out of the store.  Appearances you know??

Gene

Oct 14, 2012 09:40 AM
Janis Borgueta
Newburgh, NY
Retired RE Salesperson

Oh ... I think that everyone loves a bargain!! and it will be a big hit...LOL.. that is how they can shop at the rest of those stores.. they save on the small stuff at the 99 cent stores...

Oct 14, 2012 10:17 AM
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

A 99 cent store on Rodeo Drive? What an irony! What will be hysterical is when a Bugatti parks outside one and someone (maybe you, Jane) snaps a photo of it!

Sharon

Oct 14, 2012 11:06 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Pat,  thank you very much.

Gayle, it is the Beverly Hills housewives who have been asking for this...

Kathy,  watch out, it's coming :)

Richard,  that is one of the points :)

Dorie,  we will soon find out.

Jeff,  nope.  None of the above.

Michelle,  there you go.

Gene,  you should see the classy cars in some of the 99 cent stores.

Janis,  yes indeed.

Sharon,  I am waiting :)

Oct 14, 2012 11:33 AM
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

I've never heard of a Bugatti but, if I had, I probably wouldn't have any need for a 99 cent store. They're probably in it for the sake of having the experience.

Oct 14, 2012 11:42 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Jill,  I think it is a great PR stunt.  And at $1.25M I doubt you would be in the market for a Bugatti :)

Oct 14, 2012 11:52 AM
William Johnson
Retired - La Jolla, CA
Retired
Hi Jane, This is wonderful and had a good laugh. As long as the 99 cent store sells only the couture brands, it will fit in fine but it does challenge one to find the inventory, LOL
Oct 14, 2012 03:37 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

William,  it will be interesting to see what they carry and how they decorate.

Oct 14, 2012 04:11 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Oh my gosh, that is crazy.  That would be so out of place there.  This is such a funny post, Jane.

Oct 14, 2012 06:53 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Debbie,  :) :(

Oct 15, 2012 02:28 AM
Steven Cook
No Longer Processing Mortgages. - Tacoma, WA

Jane - I am guessing the 99 cent store may have to raise their prices a bit - to like $1.50 - to be able to pay the lease payments in that neighborhood.  thanks to Pat for her recommendation.

Oct 15, 2012 07:15 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Steven,  or may be that magic number $99 :)

Oct 15, 2012 09:07 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - Do you need an appointment to shop at the 99 cent store?

Oct 15, 2012 12:09 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Michelle,  that would be an idea.

Oct 15, 2012 04:07 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

But the 99 cent store on Rodeo Drive charges $1.05.  :-)

Oct 16, 2012 09:01 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Gabe,  stop causing trouble :)

Oct 17, 2012 04:47 AM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

That's so funny, but it makes cents sense.  People with lots of money like to spend it wisely, or so I always thought.

Oct 18, 2012 02:35 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Georgie,  that's why they have money.

Oct 18, 2012 03:52 PM