Riverside NoPo sale

86 Mary Lane, new construction, $3.1 million. That’s a record for modest Mary; next highest, renovations, were 23 Mary, $2.180 million in 2022; and No. 27, $1.950 million in April ‘24.

Everyone’s favorite failed builder, Jianhua Tsoi, who kept the foreclosure business alive and flourishing almost single-handedly in the mid-2000s owned this property back then, and tried unsuccessfully to find a buyer willing to pay him to build a $2.850 home on it in 2008; the only one interested in the place was the bank, who foreclosed and, eventually, sold the lot to this builder in 2023 for $566,000.