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2270 Pelham Ave Receives 1st Price Reduction

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The Westwood home at 2270 Pelham Ave, LA CA 90025 received a price reduction this week of 4.84% or $61,000, down to $1,199,000. Listed 33 days ago on 9/23/10 for $1,260,000, this is first price reduction of the listing term. According to the MLS, the home is a 3 bedroom / 2.75 bath, 1,698 sq ft of living space on a 6,750 sq ft lot. With the reduction, the home is now listed less than the previous purchase price of $1,250,000 in 2005.