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2361 Pelham Ave Receives 2nd Price Reduction

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The Westwood home at 2361 Pelham Ave, LA CA 90064 received a price reduction of 4.01% or $48,966, down to $1,150,000 |$/sf 587|. Listed almost 7 months ago for $1,198,966, this is the 3rd price change of the current listing term. The home started at $1.198m back in April, then reduced to $1.149m 30 days later in May. After several months at that price, the price was raised back up to $1.198m in September. Now the price has yoyo'd back down to $1,150,000. The home was last purchased in December of 2012 for $975,000.
The late 40's traditional has been remodeled inside and out to a more contemporary style home. Mostly updated, this home is in move-in type condition.
If this home was not the last home on Pelham, backing up to commercial property, it would have sold alot sooner at this price.

According to the MLS, the home is a 3 bedroom / 2 bath, 1,960 sq ft of living space on a 6,730 sq ft lot.