The newer construction home at 1948 Parnell Ave., LA CA 90025 received its 3rd price reduction of 4.55% or $100,000, down to $2,099,000. The home was listed 45 days ago on 9/18/09 for $2,395,000 and again this is the 3rd price reduction of the current listing term. The home is now listed lower than its previous purchase on 4/6/06 of $2,310,000. According to the MLS, the home was built in 2006 and is a 5 bedroom home / 4 bath, 4,000 sq ft of living space on a 6,075 sq ft lot.