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My team of LEPDL (Limited English Proficiency Day Labor) can slap that puppy into sellable condition in 10 days and $15k. Unfortunately their gas from Ventura to San Diego 10 times would run another $15k. ;-)

Reminded me of that Blair Witch movie

If I was looking for a fixer to remodel, an otherwise desirable house where someone had already done the demo would probably be a plus if it was priced right. There's no way that *this* dump would ever meet that description, though.

How much is it?

Most retail buyers just want to move in and not hassle for all this stuff.

If the bank discounts it enough, however, somebody will take an interest.

The ten-thousand-dollar question is this: will the bank price it right?

I told them $75,000, as-is. The bank wasn't interested in that, so they have me getting quotes to re-build.

The list price when finished will probably be in the high-$100,000s.

So the banks are getting into flipping now.

This is pretty tame compared to the fixers I've been seeing. At least with this one you are starting with a clean slate.

Agree with the posters who like the clean slate. You actually know what you're getting with this one and can do things right...your own way.

I looked at these condos in the mid-late 90s, and they can be pretty nice. 3/2 on one floor, but you have to go up steps to get to the front door. Some have really nice views, too. Do you think it might sell for $100K in its current state?

So Jim, you're going to go get quotes and try to fix up that place? I hope that the bank is paying you more than 3% commission for something like that. It just doesn't seem like it is worth the trouble.