This Spanish home at 10327 Ilona Ave, LA CA 90064, received a 2.88% or $46,000 price reduction this week down to $1,549,000. This is the second price reduction during the current listing term. The property was listed 6/11/08 for $1,695,000 and has been on the market for 51 days now. You can see my previous property review of this property here.