Monday, December 17, 2007

Wow. Check out this haircut:

11975 SUNSHINE TERRACE, Studio City, CA 91604
MLS #: F1745760

Bedrooms: 5
Baths: 3
Square Feet: 2,543
Lot Size: 6,435 Sq. Ft.
Year Built: 1965
Listing Date: 11/30/07
List Price: $775k
Price Reduced: 12/15/07: $775k to $730k (down 5.81%)

Last Sale: 05/16/06
Sales Price: $1,400,000

Zestimate™ $1,562,859

We're talking about a $670k haircut. And you gotta love the MLS description:

"Previous owner was in the process of remodeling - come and bring your ideas and make this home yours! Tax rolls shows 5 bedrooms, 3 baths but upstairs bedroom does not have a closet."


Dan said...

And a well-deserved haircut! This is in a HORRIBLE location on Laurel Canyon. Tons of traffic and noise! I wish them luck!

Tyrone said...

Oh, my! Are we heading back down to realistic prices? Another year or so and we just might.