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David Lynch LA House

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Re: David Lynch LA House

#41

Post by tills13 »

jppope wrote: post #30
wonderwonder wrote: post #21

I guess I really don't understand LA house pricing. I see shacks listed for a million, or is that only SF? This is 2.3 acres with 3 homes on it and its 15 million. Although looks like it needs some work.

Its pretty easy to understand actually, and all of metropolitan California is the same way- A normal, dual income, middle class working family has an income of ~$250K-$500K (Doctor + teacher, Lawyer and a Doctor, Business exec and Accountant, etc) and they're going to spend upwards of ~40% of their income on their house. thats going to have them spending $6K-$11K. Now they can handle a $1M home no problem. 3 bed 2 ba…

Am I crazy or reading the wrong info or are you being hyperbolic when you say California has "insane" income taxes?

As an example, the effective rate when making $200k is 25% including federal taxes. That's great. You get to live in a productive and supportive society. The only issue I see is that housing is expensive and $150k, as much as it can support a comfortable lifestyle, would be insufficient to ALSO buy a home. But what we're talking about here is a separate issue from housing.

(your state taxes when making $100k would only be $2k, to preempt that retort)

Re: David Lynch LA House

#42

Post by skrebbel »

jppope wrote: post #30
wonderwonder wrote: post #21

I guess I really don't understand LA house pricing. I see shacks listed for a million, or is that only SF? This is 2.3 acres with 3 homes on it and its 15 million. Although looks like it needs some work.

Its pretty easy to understand actually, and all of metropolitan California is the same way- A normal, dual income, middle class working family has an income of ~$250K-$500K (Doctor + teacher, Lawyer and a Doctor, Business exec and Accountant, etc) and they're going to spend upwards of ~40% of their income on their house. thats going to have them spending $6K-$11K. Now they can handle a $1M home no problem. 3 bed 2 ba…

Nitpick, but

> A normal, dual income, middle class working family

> (Doctor + teacher, Lawyer and a Doctor, Business exec and Accountant, etc)

That’s not the middle class.

Re: David Lynch LA House

#43

Post by rob74 »

dilyevsky wrote: post #32
CamperBob2 wrote: post #17

Earlier quoted context omitted.

Looking at the full set of photos in the Zillow link that esalman posted, sorry, but that kitchen has gotta go.

Unless you’re also a chain smoker everything inside that house probably needs to go

Maybe a David Lynch mega-fan who has $ 15 million to spare will buy it and convert at least part of it into a (nicotine-heavy) museum? But the neighbors would probably object, as they always do when tourists dare to stray into hallowed Hollywood Hills...

Re: David Lynch LA House

#47

Post by sizzle »

csmoak wrote: post #28
ks2048 wrote: post #20

I wonder if the price would be significantly different if it wasn't David Lynch's house.

i lived about a half mile from this house in the same neighborhood -- it could be a lot more expensive if it had the view some properties around there have. note that mulholland dr is just up the street from the house. this overlook is worth a visit: https://maps.app.goo.gl/muMirzaSJsEt9YnR7

Do you have generational wealth? Seems like a paradise out there..

Re: David Lynch LA House

#48

Post by harmmonica »

CamperBob2 wrote: post #29
dsr_ wrote: post #25

Earlier quoted context omitted.

Looking at other houses in the neighborhood, it's probably about 10-15% because it's the Lynch residence, and the rest of it is the extent of the land, the number of houses, and, of course, the place where it is. By way of contrast, this is listed for 2.5x the money on the other side of the canyon: https://www.zillow.com/homedetails/1851-N-Stanley-Ave-Los-An...

I'll bet the seller makes a hell of a Caucasian! (Although I guess it isn't really Jackie Treehorn's place, given that the listing says it was built in 2023.)

https://maps.app.goo.gl/3zChgboCiqWuUD317?g_st=ipc

Re: David Lynch LA House

#49

Post by nicholasbraker »

tills13 wrote: post #41
jppope wrote: post #30

Earlier quoted context omitted.

Its pretty easy to understand actually, and all of metropolitan California is the same way- A normal, dual income, middle class working family has an income of ~$250K-$500K (Doctor + teacher, Lawyer and a Doctor, Business exec and Accountant, etc) and they're going to spend upwards of ~40% of their income on their house. thats going to have them spending $6K-$11K. Now they can handle a $1M home no problem. 3 bed 2 ba…

Am I crazy or reading the wrong info or are you being hyperbolic when you say California has "insane" income taxes? As an example, the effective rate when making $200k is 25% including federal taxes. That's great. You get to live in a productive and supportive society. The only issue I see is that housing is expensive and $150k, as much as it can support a comfortable lifestyle, would be insufficient to ALSO buy a ho…

Damn, only 25%? Luxury!
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