Comments on: “About that tree” — the looming blight crisis http://www.berkeleyside.com/2009/11/12/about-that-tree-the-looming-blight-crisis/ News and notes on our city Thu, 09 Feb 2012 10:05:00 +0000 hourly 1 By: Thomas Lord http://www.berkeleyside.com/2009/11/12/about-that-tree-the-looming-blight-crisis/comment-page-1/#comment-223 Thomas Lord Mon, 16 Nov 2009 21:24:54 +0000 http://www.berkeleyside.com/?p=701#comment-223 The tax basis issue is also interesting. Sure, we've prop 13 and yadda yadda yet I know of one property that went this way: (1) decrepit; (2) occupation permit revoked; (3) purchased; (4) rehabilitated / extensively renovated; (5) occupation permit restored; (6) offered for sale north of the half-million market per unit in a 3-unit condo. How, in that, does the tax basis work out to substantially under $200K per unit? On the day the occupation permit was restored it was worth something in the half-million territory. -t The tax basis issue is also interesting. Sure, we’ve prop 13 and yadda yadda yet I know of one property that went this way: (1) decrepit; (2) occupation permit revoked; (3) purchased; (4) rehabilitated / extensively renovated; (5) occupation permit restored; (6) offered for sale north of the half-million market per unit in a 3-unit condo. How, in that, does the tax basis work out to substantially under $200K per unit? On the day the occupation permit was restored it was worth something in the half-million territory.

-t

]]> By: Rachel A. http://www.berkeleyside.com/2009/11/12/about-that-tree-the-looming-blight-crisis/comment-page-1/#comment-220 Rachel A. Mon, 16 Nov 2009 17:55:43 +0000 http://www.berkeleyside.com/?p=701#comment-220 In my walks around N. Berkeley I've seen some single family homes that fit this description. I think it's a very interesting idea. In my walks around N. Berkeley I’ve seen some single family homes that fit this description. I think it’s a very interesting idea.

]]> By: avirr http://www.berkeleyside.com/2009/11/12/about-that-tree-the-looming-blight-crisis/comment-page-1/#comment-215 avirr Sun, 15 Nov 2009 02:54:58 +0000 http://www.berkeleyside.com/?p=701#comment-215 There's an abandoned 10+ unit apartment building at 2416 Roosevelt. It's been empty for at least seven years that I know of, though someone just put up a black metal fence. The tax basis is less than 320 K, according to the Alameda County Assessor's Office . But Zillow says it's worth over a million dollars: http://www.zillow.com/homedetails/2416-Roosevelt-Ave-Berkeley-CA-94703/82838523_zpid/ Seems like a waste, I know people who would love to live in this nabe. There’s an abandoned 10+ unit apartment building at 2416 Roosevelt. It’s been empty for at least seven years that I know of, though someone just put up a black metal fence.

The tax basis is less than 320 K, according to the Alameda County Assessor’s Office .

But Zillow says it’s worth over a million dollars: http://www.zillow.com/homedetails/2416-Roosevelt-Ave-Berkeley-CA-94703/82838523_zpid/

Seems like a waste, I know people who would love to live in this nabe.

]]> By: Thomas Lord http://www.berkeleyside.com/2009/11/12/about-that-tree-the-looming-blight-crisis/comment-page-1/#comment-211 Thomas Lord Sat, 14 Nov 2009 07:46:50 +0000 http://www.berkeleyside.com/?p=701#comment-211 Deirdre: another map worth trying to assemble would be an accurate property ownership map (of both commercial and private spaces). I think that would be pretty darn interesting. Deirdre: another map worth trying to assemble would be an accurate property ownership map (of both commercial and private spaces). I think that would be pretty darn interesting.

]]> By: deirdre http://www.berkeleyside.com/2009/11/12/about-that-tree-the-looming-blight-crisis/comment-page-1/#comment-209 deirdre Sat, 14 Nov 2009 07:16:05 +0000 http://www.berkeleyside.com/?p=701#comment-209 We should develop a Berkeleyside photo album documenting all the mysterious ghost properties in Berkeley. Two large unoccupied apartment buildings in central Berkeley fit this description. We should develop a Berkeleyside photo album documenting all the mysterious ghost properties in Berkeley. Two large unoccupied apartment buildings in central Berkeley fit this description.

]]> By: Thomas Lord http://www.berkeleyside.com/2009/11/12/about-that-tree-the-looming-blight-crisis/comment-page-1/#comment-195 Thomas Lord Thu, 12 Nov 2009 21:49:38 +0000 http://www.berkeleyside.com/?p=701#comment-195 Hmmm... There's supposed to be a photo after the part that says "This is a shot of the downed tree". Is there some way to correct that omission? (I can re-send the photo to tips@, if needed.) -t Hmmm… There’s supposed to be a photo after the part that says “This is a shot of the downed tree”. Is there some way to correct that omission? (I can re-send the photo to tips@, if needed.)

-t

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