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Westwood Bank Owned Property Sells Well Over Asking

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What Did that Westwood Bank Owned Foreclosures Sell For?

As predicted, the bank owned (foreclosure) just south of Wilshire at 10515 Ohio Ave LA CA 90024 received multiple offers and went well over the asking price of $875,900. According to the MLS, the home is a 2 bedroom / 2 bath, 1,764 sf of living space on a 7,800 sf lot. The listing states the hardwood floors were refinished and the walls were painted, but that looks to be about it in terms of cosmetic 'upgrades'. This house would more than likely be a major fixer project or even a teardown to most. The backyard has some patio space and a large pool that takes up most of the backyard. On May 10th, 2012, 10515 Ohio Ave closed well over the asking price, 17% over at $1,026,000 |$582 $/sf|.