fun real estate stuff: Hollywood
- 04/20/08 02:57 PM
THE FUN STUFF ABOUT REAL ESTATE... I JUST READ THIS CLIP AND WANTED TO PASS IT AROUND... Acreage near HOLLYWOOD goes up for sale (LOS ANGELES) - Real estate investors who own the land directly to the left of the famous HOLLYWOOD sign have sparked a citywide panic by putting the land up for sale for development. The investors purchased the 138-acre, sage-covered tract in 2002 from the estate of billionaire Howard Hughes for $1.7 million, and are offering it for sale for $22 million. The higher price may be justified, say insiders, because buried in the title documents was an unknown (2 comments)