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Price Reduction - 2030 Kelton Ave., LA CA 90025

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This remodeled Spanish home at 2030 Kelton Ave, LA CA 90025 received a price reduction this week of 2.3% or $30,000, down to $1,265,000. This is now the 2nd price reduction during the listing term. This home was originally listed on 6/5/08 for $1,348,000 and has been on the market now for 69 days. According to public records the home is 3 bed / 2 bath, 1,592 sq ft of home on a 5,400 sq ft lot.

3 comments:
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Anonymous said...
August 13, 2008 at 11:45 AM  

According to Zillow, this house sold in November 2007 for $1.03 million. It's hard to imagine how such a markup is justified in this market.

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SCOTTMCINTOSH said...
August 13, 2008 at 11:57 AM  

According to the MLS the home sold 11/16/07 for $930,000. The home was a complete fixer at the time of purchase. Then according to the owner they completely remodeled the home with the intent to live there. Plans changed and its now on the market.

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Anonymous said...
August 13, 2008 at 10:36 PM  

houses in 90025 are worth no more than 500 a sq. foot.

Sellers need to get real, fast.

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