This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today.
This archival content was originally written for and published on KPCC.org. Keep in mind that links and images may no longer work — and references may be outdated.
Caltrans enters first phase of selling homes along 710 corridor
Google Maps screenshot of the entrance to the 710 freeway from its northmost point. Caltrans has been planning the freeway's extension for decades.
(
Google Maps
)
The process of selling 42 Caltrans-owned properties along the 710 corridor has begun, but there's still no timetable for when (or even if) any of those properties would be available to sell to the public.
Caltrans officials outlined plans for the first phase of property sales during a conference call with media Monday, making note of a tiered priority list of potential buyer categories. Conditional offers were sent to those who fall under those categories, with the top three tiers focusing on current and former tenants.
It could take a while until the general public gets a shot at any of these homes, according to Zoltan Elo of Caltrans.
“There’s no specific timeframe for when these properties will go to public auction for the general public. We have to work through all of those priorities," he told KPCC. "We’re hoping that we will have sales in one year or less. If all of the priorities get cleared earlier, we may be able to expedite those sales to the general public in an auction.”
Heriberto Salazar of Caltrans added that it's possible "none of the properties would ever reach the public if they are sold to their existing or former tenants or to the housing entities as outlined in the priority order. There’s also the possibility that all of the properties reach public auction. It’s going to be a case-by-case basis at that point."
Caltrans has partnered with contractor Veterans Realty Group (VRG) to handle the first phase of property sales. Officials say VRG mailed out information and offer packets to eligible buyers on Friday, and will aid buyers through the process with counseling and workshops. Upon getting the packet, possible buyers have 120 days to respond.
Caltrans has set up a website for Phase 1 of the sales. You can see it here. You can also see the priority list below.
Sponsored message
http://www.dot.ca.gov/d7/business/710sales/docs/SR-710%20Property%20Sales%20Flyer.pdf
You come to LAist because you want independent reporting and trustworthy local information. Our newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our connected community. We are free to tell the full truth, to hold power to account without fear or favor, and to follow facts wherever they lead. Our only loyalty is to our audiences and our mission: to inform, engage, and strengthen our community.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Senior Vice President News, Editor in Chief
