As reported on this blog a while back, we have two REO's on the market in Westwood. And this week, 2202 Veteran Avenue, LA CA 90064 received another price reduction of 3.4% or $26,000, down to $738,900 . This makes this home the cheapest single family home in Westwood. Originally listed on 7/7/08 for $825,000, this REO has been on the market for 71 days. According to the MLS, the stats read as a 3 bedroom / 1 bath, 1,312 sq ft of home on a 6,750 sq ft lot. Again, this home is a significant value compared to what homes sell for in the neighborhood. However, I suggest you research the specific location of this property. You can read my previous post here regarding the location of the Veteran property.