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Approved Short Sale At 1510 Malcolm Ave., LA CA 90024

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The 'Approved' Short Sale at 1510 Malcolm Ave., LA CA 90024 received a price reduction this week of 12.13% or $145,000, down to $1,050,000. The home was listed 281 days ago on 10/16/08 for $1,195,000. But as you may not know, short sales can take upwards up 6 months to get approved. Which makes the days on market a bit deceiving. According to the MLS, the home is a 4 bedroom / 4.5 bath home on a 6,250 sq ft lot.