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1551 Thayer Ave Receives 1st Price Reduction

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The Westwood home at 1551 Thayer Ave LA CA 90024 received a price reduction this week of 13.11% or $200,000, down to $1,325,000. Listed November 4th for $1,525,000, this is the 1st price reduction of the listing term. It looks like the seller/agent made a quick price correction after learning that the home sits on a smaller lot size than originally thought. This 30's traditional home sits on a corner lot and is in mostly vintage condition. Priced in the lower $1.3's, it looks price well for the neighborhood and I would anticipate a quick sale.

According to the MLS, the home is a 3 bedroom / 2 bath, 1,782 sq ft of living space on a 5,952 sq ft lot.