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Potential Hot Deal In Little Holmby - Short Sale At 661 Warner Ave

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The Westwood Little Holmby home at 661 Warner Ave., LA CA 90024 just hit the market today as a potential hot deal with an asking price of $1,495,000.  The reason I say potential is because it's a short sale and as short sale's go, the price and terms are subject to the lender. Additionally, with this current asking price, I have little doubt that there will be multiple offers and be possibly bid up some. With 11 current active homes in Little Holmby, this is the least expensive home by $150,000 and by $500,000 to the home after that. According to the MLS, the home is a 5 bedroom / 2.5 bath, 2,461 sq ft home on a 7,405 sq ft lot.