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1545 Kelton Ave Receives 1st Price Reduction

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1545 Kelton Ave., LA CA 90024 received a price reduction this week of 15.77% or $205,000, down to $1,095,000. Listed 9 days ago on 6/23/10 for $1,300,000, this is the first price reduction of the current listing term. The home spent most of 2007 and 2008 on the market, starting as high as $1.4m and dropping down to $1.250m. The home has been offered for rent, however I am not able verify if it was ever rented during that period of time. According to the MLS, the home is a 3 bedroom / 2 bath, 1,477 sq ft of living space on a 6,708 sq ft lot.