City Place Santa Ana Auction Update, (Such As It Is)

City Place Santa Ana is currently Bob's largest attempt at developing residential units. The Development has combined business/residential units as well as strictly residential units for sale.

On November 9, a private Auction Company held an auction for 140 selected units.

City Place personnel are not giving out the number of units that actually were purchased yesterday.

I was told however, that a number of units at that Development will be offered with "special" pricing, according to the person I spoke to, after 2:00 PM on Tuesday November 11.

Below is the list of units and their original pricing and their reserve pricing.

The Auction was not a forced one and had nothing to do with foreclosures by financial institutions.

The Homeowners Association dues were estimated to be between $160 to $220 per month.


Click over illustration to enlarge.

For more information about City Place, please visit: http://livecityplace.com/