Great Deal on Beach Front Property

I ran across this from the 'America's Most Overvalued Real Estate Markets' blog. Here is a beachfront property in Oxnard, CA, listed for $2.599 Million. You heard me right, $2.599 Million.

Here is a link to the details.

It is a beachfront property. Actually, it looks like a pretty nice house - a pretty nice CRACK house. The seller must smoking crack... That is the only reasonable explanation. 2 bedrooms, 1 bath, 1048 square feet.


Good luck selling this one buddy. Your listing agent should be shot.