In La Paloma - 6301 N Placita Arista - on the market since March 2006, when it started out at $2,395,000 and slowly worked its way down to $1.1, sold today for $1.1 ($171/sf). (Listed by Long Realty)
A very nice deal for the buyer anyway. 
If that sounds familiar, I wrote practically the same eulogy the other day for a house on La Paloma Dr (no relation to this La Paloma, the CC) > what a waste & Ditto!
And I’ve mentioned Placita Arista here before too> Finally!
PS – and get this, Placita Arista will go down in the books as having sold for 100% of its list price. Is that funny, or what.
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