Another Auction: Koreatown Condos, 1/2 Half - NBC Southern California

Another Auction: Koreatown Condos, 1/2 Half

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    99826
    2
    Germany
    95418
    3
    Canada
    55616
    processing...

    NEWSLETTERS

    9 Team USA Athletes to Watch in PyeongChang

    We fear that the auction business will soon get even busier. Following that Ocean Two condo auction in Long Beach comes news that Maplewood Villas, a 20-unit new development at Maplewood and Wilton will hold a public auction on October 18th at the Bonaventure Hotel (noon start time). The opening bid prices are all half off the original price. So $495,000 is the starting bid (the home in the gallery--and please do note that excellent artist set-up--was originally listed at $950,000). Meanwhile, five units have sold at market rate since the building opened for sales in March--some of those units sold for prices in the $900,000s. Those people can't be happy now.
    · 5057 W MAPLEWOOD Ave #102 [Redfin]
    · Maplewood Villas [Official Site]