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1302 Manning Ave Receives 1st Price Reduction

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The Westwood home at 1302 Manning Ave, LA CA 90024 received a price reduction of 4.04% or $200,000, down to $4,750,000 |$880 $/sf|. This is a mega sized new construction home completed in 2014. This beast of a home, sitting on the corner of Manning and Rochester, is approximately 5,400 sf and dwarfs most homes in the south of Wilshire area of Westwood. Most homes in the vicinity are no bigger than +/-3,000 sf on average. And most are much less. This property also comes with one of the larger lot sizes in the neighborhood, at just over 10,000 feet. The price per square foot isn't necessarily out of line for an updated/new home as there are many examples of homes selling between $800-$1,000 a square foot south of Wilshire. But because the house is so big, it's not a list/sales price we have ever seen before south of Wilshire in an SFR. So this will be interesting to see what it finally sells for.

According to the MLS, the home is a 5 bedroom / 6 bath, 5,400 sq ft of living space on a 10,016 sq ft lot.