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2231 Overland Ave Receives 1st Price Reduction

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The Westwood home at 2231 Overland Ave LA CA 90064 was listed 1/20/11 for $1,325,000 | Aprox. $492 $/sqft |. Today the property received a price reduction of 5.66% or $75,000, down to $1,250,000. This is the first price reduction of the listing term, which started 39 days ago.
According to the MLS, the home is a 4 bedroom / 4 bath, 2,693 sq ft of living space on a 6,075 sq ft lot. Mostly rebuilt in 1999 and remodeled throughout, this Spanish home is ready to move right in. All 4 bedrooms are very spacious, with 3 bedrooms being upstairs and the master downstairs. If this was located on any other street it might sell right away.