The Spanish house south of Wilshire at 10820 Wilkins Ave, LA CA 90024 received a price reduction this week of 6.52% or $75,000, down to $1,075,000. This is the 2nd time reducing it down to $1,075,000. The last time the house was reduced to $1,075,000 it was raised back up to $1,150,000 after a couple of days. The house was listed 111 days ago on 2/19/09 for $1,350,000 and this is the 6th price change of the current listing term. According to the MLS, the home is a 3 bedroom / 2 bath, 1,678 sq ft home on a 6,211 sq ft lot. 


The 'Market Watch' information regarding this listing is it was previously purchased 2/26/08 for $1,200,000.  With this new reduction, the home is now listed 10.4% less than the purchase price in 2008.