The realtor who’s selling an apartment in the Loma Colinas Apartments in Las Colina, California, has a warning for prospective buyers who are interested in purchasing a house in the community.
“They will have to pay a $5-million mortgage for it, which is really a good deal,” says the real estate agent, who asked that his name not be used.
“You’re probably going to pay more than $10,000 a month in rent.”
As if the heat wasn’t bad enough, the apartment complex has been under fire for a couple of years for housing residents in a moldy apartment with an infestation of mold.
The city recently fined the developer for failing to remove mold from a third-floor apartment.
The Loma is a popular destination for vacationers, especially for those who live near the popular beaches.
However, the complex has also been under scrutiny due to mold problems that have been reported at other apartment complexes in the area.