About the Name

At one time, the Cawston Ostrich Farm was the most popular tourist destination in South Pasadena. The ostriches are long gone, but you can still see an old ostrich feeder on the north wall of Meridian Iron Works. Go check it out the next time you're at the Farmer's Market or hopping on the Gold Line. Get a hold of me here.

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Tag: Auction

Remaining Lofts Being Auctioned Online

The leftovers from the March 22 auction go back on the block in a few hours, but this time it’s an online auction, and the bidding doesn’t end till Monday. You can register here. It looks like all three units have the same starting bids as last time.
Related posts:

Ostrich Farm Lofts: The Final Numbers
Three Lofts [...]

Ostrich Farm Lofts: The Final Numbers

Here’s what I have for the auction’s final sales numbers. If you know otherwise, please drop me a line. You can click on a column header to sort the table.

Loft #
Bath
Sq. Ft.
Starting Bid
Previously Valued At
Sold For

302
2
2,165
$519,000
$1,200,000
$675,000*

216
2
2,110
$449,000
$1,091,000
$600,000

220
2
2,010
$469,000
$1,125,000
$660,000*

304
2
1,955
$359,000
$1,012,000
$540,000

308
2
2,055
$349,000
$1,174,000
$500,000

218
1
2,010
$389,000
$968,000
$500,000

307
2
1,445
$349,000
$825,000
$405,000

305
2
1,715
$299,000
$973,000
$480,000

306
2
1,960
$359,000
$1,126,000
$505,000

314
1
1,370
$299,000
$785,000
$400,000

107
2
1,760
$259,000
$700,000
$395,000

214
1
1,370
$299,000
$774,000
$400,000

116
1
1,355
$239,000
$758,000
$385,000

203
1
995
$199,000
$545,000
$325,000

119
1
1,380
$199,000
$629,000
$375,000

210
1
950
$179,000
$519,000
$320,000

206
1
1,075
$179,000
$604,000
$345,000

309
2
2,165
$519,000
$1,238,000
$675,000*

301
2
2,185
$469,000
$1,203,000
$570,000

219
2
1,980
$369,000
$954,000
$495,000

303
2
1,715
$349,000
$973,000
$440,000

215
1
1,365
$299,000
$763,000
$375,000

109
1
1,460
$259,000
$696,000
$375,000

204
1
1,080
$199,000
$604,000
$320,000

*Units 220, 302 and 309 did not sell, so the numbers listed in the “Sold For” column is the new [...]

Three Lofts Left

That’s what Curbed LA has been told, but some of the commenters who attended Sunday’s auction are calling bullshit. Of the three that are left, two (units 302 and 309) are 2,165 square feet. The auction brochure has them previously valued at $1.2 million, the starting bid was $519,000, and now they’re a firm $675,000. [...]

Ostrich Farm Loft Auction Today

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 [...]

Ostrich Farm Lofts on the Block

Curbed LA picks up on the upcoming auction to unload The Ostrich Farm lofts at 1010 Sycamore Ave. While the prices sound nice (starting bids of $179,000 on a couple of units), some commenters have chimed in that there is an unspecified reserve price.