Kai Risdahl

The new homeowner in Altadena bought the house for a dollar because the people who used to own it were going to tear it down to develop that apartment building that Morgan was talking about.

Here's the math.

The total estimated cost of this house for the family that's moving in is not a dollar.

It's closer to $900,000 total after you tally the costs of chopping it up and trucking it in pieces across L.A.

and then putting all those pieces back together here in Altadena and fixing up the inside.

Not nothing, but cheaper than a new build.

This is very circumstance important here because we're not the Dina.

Residential reconstruction is starting, but it's slow.

And this is kind of a way to address that problem, right?

You're taking a ready-made house and you're plopping it down on a lot.

Right.

Right.

And it could be a more affordable way for people to build, not just for a fire rebuild, but if you just want to build a house on a lot, or you could move a small house to your backyard as an ADU.

So there's lots of ways we could use this.

Once you get inside and you make your way past all the tools and materials, it's easy to tell that this is a house originally built in 1911.

There's an old stone fireplace, built-in wood cabinetry, and a big stained glass window above the staircase.

Can we talk about the business of this thing for a minute?

You are an architect.

You're a partner, manager, director in a design company, right?

Correct.