There’s been a whole lot of interest in those Ostrich Farm Lofts, and today we’ll see if that interest translates into sales. The opening prices are impressive, but with a mysterious hidden reserve and a 5% buyer’s premium added to all winning bids … we’ll see. Here’s some pros and cons we took away from a tour yesterday:

PROS:

1. Directly across the street from the arroyo
2. Easy 110 access
3. South Pasadena schools

CONS:

1. Close to Gold Line (not the station, just the tracks)
2. Outdoor parking
3. Feels more remote than it is

If you’re still interested, here’s the info:

• When: Today.
• Where: Hilton Pasadena, 168 South Los Robles Ave., Pasadena
• Time: Registration begins at noon. Auction starts promptly at 1 p.m.

And if you do decide to go, I’d love to hear about it.