A ‘’scraper” in Manhattan Beach

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We post this at the risk of revealing our own startling ignorance, but, hey, faithful readers know that about us already. Seriously, we spotted some new -- to us -- housing market jargon, and wanted to pass it along: A ‘scraper’ is a house bought by a builder who intends to level the house and start over. We’ve heard ‘teardown,’ but not ‘scraper.’ Here’s how Manhattan Beach Confidential uses it:

‘Some months ago, we featured a home pitched as ‘The perfect Tree section starter! ... 3521 Elm is a 1200 sq. ft. bungalow in a part of the Tree Section that’s pretty forgettable. In June, after this one went pending, the listing agent’s ads started to show the home as one of several sales to builders. At that point, it was clear this would be no one’s ‘starter home.’

It was a scraper.’

Now help us out: Is there a difference between a teardown and a scraper?
Photo Credit: Santa Monica construction by L.A. Land