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Spanish Home Sells For 14.6% Less Than 2008 Purchase

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What Did That Westwood House Sell For?

The Spanish house south of Wilshire at 10820 Wilkins Ave, LA CA 90024 lasted 144 days on the market before receiving an accepted offer on 7/13/09. The house was listed on 2/19/09 for $1,350,000 and received 6 price changes during the listing term. The home closed on 8/3/09 for $1,025,000. 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.  The home sold roughly 17 months later for 14.6% less than the purchase price in 2008.