Thieves have stripped everything from
antique doors to toilet bowls from one of the country’s most expensive
foreclosures, a 16,000-square-foot home in Encinitas, Calif., that cost
$13 million when it was built.
The property failed to sell at a February bank foreclosure auction with a starting bid of $2.3 million.
Katie Taylor, an associate with Triad
Properties in Encinitas, filled the police report, according to
detective Steven Ashkar of the San Diego County Sheriff’s Department.
“It looks like a car up on blocks,” he says.
No suspects have been identified. Since the theft, the bank has posted an armed guard on the property, Ashkar says.
Source: The San Diego Union-Tribune, Tanya Mannes, and The New York Times, Rebecca Cathcart (04/07/2009)