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1545 Kelton Ave Receives 3rd Price Reduction

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1545 Kelton Ave., LA CA 90024 received a price reduction this week of 2.51% or $25,000, down to $970,000. This is now the 3rd price reduction of the current listing term, which started 68 days ago for $1,300,000.
This is virtually a 'For Sale By Owner' where the owner has a flat fee company list the property for him on the MLS, but the owner does all the work. 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. 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.