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2012 Midvale Ave Receives 1st Price Reduction

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2012 Midvale Ave., LA CA 90025 received a price reduction this week of 5.01% or $50,000, down to $949,000. The home was listed 61 days ago for $999,000, as this is the 1st price reduction of the listing term. According to the MLS, the home is a 3 bedroom / 2 bath, 1,788 sq ft of living space on a 6,750 sq ft lot. From the layout/floorplan to the condition inside,  I am of the opinion that this house is better served starting completely from scratch. Or at least a cosmetic fixer.