no more HOB

[arnaldo]

True, downtown there’s some foodie joints that are super good. Just a pain to get there

Plenty of excellent NY-style quasi-Kosher delis all over LA last time I was there. Born in NYC, I greatly miss the goodies in those.

Edited to add: Many nights I would willingly trade a meal at the best four-star, pricey steakhouse a short drive from me, for any one of those LA deli's piled-mile-high corned beef on rye with deli mustard + side of red beet horseradish, and with a plate each of crispy on the outside and oniony soft inside . . . potato pancakes along with about a half dozen slices of fresh (not bottled) half-sour garlic pickles. Washed down with a Dr. Brown's cream soda.
And don't forget the dessert of NY-style double-wide slice of cheesecake served with a bottle of Yoo-Hoo soda.

Arnaldo ~ Reading this post to my wife; she's getting hungry for the same dinner.

 

[jazznpool]

That's not the case here, the guy owned the property.

I heard long ago about a 5 million dollar offer. HOB most likely not the most lucrative land use there anymore.

 

[Fatboy]

Property tax is not the reason, it’s high.

Property tax as a % is low in Ca compared to other State's in general.

The problem the houses cost so much a small % of a huge number is still huge.

Prop 13 has helped a ton, I was in about 5th grade when that happened. Capped how much they can raise property taxes here, until title changes ownership then the Asia is the new sale price.

My property tax in Beverly Hills was about $119,000 year. I downsized 2 years ago. I’m paying $53k +/- a year right now. Toss in the Gardner and rest of the stuff and my house without a mortgage is still $100,000/year. Add in $20k for maintains stuff and 125/year without a mortgage. It’s stupid how much it costs. Without anything big, just regular stuff.

 

[Fatboy]

I heard long ago about a 5 million dollar offer. HOB most likely not the most lucrative land use there anymore.

That’s about the number I heard-and that was several years ago .

I’ll have title pull it up and we’ll see what the real number is

 

[jazznpool]

That’s about the number I heard-and that was several years ago .

I’ll have title pull it up and we’ll see what the real number is

I can’t say I blame the owner for pulling the plug on HOB given the value of the property. It would be great if some younger sports bar/ billiards friendly entrepreneurs find a way to open new rooms in SoCal with decent table rates.

 

[westcoast]

I can’t say I blame the owner for pulling the plug on HOB given the value of the property. It would be great if some younger sports bar/ billiards friendly entrepreneurs find a way to open new rooms in SoCal with decent table rates.

a new place opened up- Gladiator Pizza and Billiards- recently. Have yet to go there , but it looks good and they have monthly tournaments

Gladi8or Pizza & Billiards - Los Angeles, CA

Delivery & Pickup Options - 48 reviews of Gladi8or Pizza & Billiards "Grand opening was going down didn't even know it lol went here with my buddy had a great time."

www.yelp.com

 

[rexus31]

Property tax as a % is low in Ca compared to other State's in general.

The problem the houses cost so much a small % of a huge number is still huge.

Prop 13 has helped a ton, I was in about 5th grade when that happened. Capped how much they can raise property taxes here, until title changes ownership then the Asia is the new sale price.

My property tax in Beverly Hills was about $119,000 year. I downsized 2 years ago. I’m paying $53k +/- a year right now. Toss in the Gardner and rest of the stuff and my house without a mortgage is still $100,000/year. Add in $20k for maintains stuff and 125/year without a mortgage. It’s stupid how much it costs. Without anything big, just regular stuff.

Property out here in So Cal is ridiculous. I bought my 2br/1ba 1,400 sq ft house on a 7,500 sq ft lot 22 years ago for $257K. I could list it now for $1.1m and it would sell in a weekend most likely with multiple offers. I got very lucky on property taxes. My house is a Spanish Colonial Revival Bungalow built in 1930. I was able to enroll in the Mills Act Historic Preservation Agreement with the city/county (first in my city) which reduced the property tax by 80%.

 

[Fatboy]

Property out here in So Cal is ridiculous. I bought my 2br/1ba 1,400 sq ft house on a 7,500 sq ft lot 22 years ago for $257K. I could list it now for $1.1m and it would sell in a weekend most likely with multiple offers. I got very lucky on property taxes. My house is a Spanish Colonial Revival Bungalow built in 1930. I was able to enroll in the Mills Act Historic Preservation Agreement with the city/county (first in my city) which reduced the property tax by 80%.

I don’t know where the $ even comes from anymore. I’m building 3 houses now. 5,5,6M for round numbers. It’s like they are Tract houses. We toss around deals like that and they feel like nothing. Making a million a year in la is not living large, it was 25 years ago. Now most people I know make 1-10/year it’s crazy. Not worth it.

 

[CocoboloCowboy]

I bought a 1200 square foot house in Magnolia Park area of Burbank in 1972, price was 35.5k.

Sold couple of years back 936k.

 

[Dead Money]

a new place opened up- Gladiator Pizza and Billiards- recently. Have yet to go there , but it looks good and they have monthly tournaments

Gladi8or Pizza & Billiards - Los Angeles, CA

Delivery & Pickup Options - 48 reviews of Gladi8or Pizza & Billiards "Grand opening was going down didn't even know it lol went here with my buddy had a great time."

www.yelp.com

Looks like it would be a decent place to visit..good food,some beer,some pool.

Nice Brunswick Medalists and cool lights.

 

[foospot]

a new place opened up- Gladiator Pizza and Billiards- recently. Have yet to go there , but it looks good and they have monthly tournaments

https://www.yelp.com/biz/gladi8or-p...unswick Medalists and cool lights. [/QUOTE]

http://

 

[foospot]

Looks cool I’ll check it out

 

[CocoboloCowboy]

Looks like it would be a decent place to visit..good food,some beer,some pool.

View attachment 625671

View attachment 625672

View attachment 625673

Nice Brunswick Medalists and cool lights.

Looks like nice place, owner did this right, hope they can be around longtime.

 

[maha]

looks too much like a plain old style pool room. that train has left the station long ago.

pool has to be coupled with so much more to make it worth while.

 

[westcoast]

looks too much like a plain old style pool room. that train has left the station long ago.

pool has to be coupled with so much more to make it worth while.

Seems like they also function as a sports bar too- they put the big games on and have food and alcohol- maybe that will help them stay open

 

[maha]

i hope so as we need more pool rooms. but it doesnt look like a place to hang out comfortably and spend money.

but what we really need is top business people operating them.

 

[CocoboloCowboy]

i hope so as we need more pool rooms. but it doesnt look like a place to hang out comfortably and spend money.

but what we really need is top business people operating them.

Well if the ownership is smart they will talk to customers about like, and dislikes.

Then they might make changes based upon feedback.

 

[tableroll]

It evens out. I know quite a few that have moved there and all said that there are other taxes and that they pay roughly the same overall. Prop tax in Tx is three time what it is here in Ok. A LOT of loony leftys are moving here. Yeehaw.

Communism vs. Capitalism