Clearly this sign warns potential visitors to the El Dorado Ranch that it is "PRIVATE PROPERTY". However, the sign lies! Or rather the person who placed the sign there is either a liar or is misinformed. The Grant Deed below makes it clear that the property has been granted to a public agency which places the property in the hands of California residents.
So, despite the very official albeit old and faded sign, you and I own the temporary residence of Milton A. Gordon, President of Cal State Fullerton whose salary exceeds $300,000 per year. With all that money he saves living rent free it's no wonder he left the light on for us.
Here is a nice view of what Mr. Gordon enjoys...
I spy a tall tower...
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