The California Department of Transportation must quickly sell some of the nearly 500 properties it owns in Los Angeles, South Pasadena and Pasadena, according to a bill by Sen. Carol Liu (D-La Cañada Flintridge), which was signed into law Tuesday by Gov. Jerry Brown.
The homes are located in the so-called 710 gap, where transportation officials are studying a 4.5-mile tunnel that would connect the Long Beach (710) and Foothill (210) freeways.
Brown vetoed a similar bill last year.
The bill adds a change to existing law so that the homes may be sold “as is,” at prices set according to their condition, as opposed to having to be repaired and sold at market value.
Almost 400 homes are occupied by tenants, but many others remain vacant and in disrepair, according to a statement released by Liu's office.
“It is really a recognition from Caltrans that they really do not want to be in the rental business,” Liu said via phone on Wednesday. “Based on whatever the house is worth, somebody can buy it, as-is, and we'll get Caltrans out from under the obligation of having to maintain the house.”