A Unique Listing in Southern California Steals the Spotlight with its Unconventional Price
A Bargain with a Catch
A property in Monrovia, California, has garnered significant attention in the real estate market. The 2,000-square-foot house located at 113 South Mountain Ave. is listed at an astonishingly low price of $500,000. However, the house has a few…let’s say, quirks.
A House with a Bad Hair Day
The previous owner, fortunately, was unharmed when a large pine tree crashed onto their home earlier this summer, causing extensive damage to the roof, chimney, and a significant portion of the structure. The current owner has decided to sell the property, and real estate agent Kevin Wheeler is handling the sale.
The Demolition Derby
You guessed it – the house is, well, a fixer-upper. The roof is damaged, the chimney is toppled, and about half of the house is, shall we say, missing. But, as Wheeler puts it, "The best of indoor-outdoor living" remains an option.
A Healthy Amount of Interest
Despite being red-tagged, Wheeler has received an "astronomical number of calls" on this unique property. It’s clear that many are enticed by the opportunity to buy a property at a seemingly unbeatable price. However, Wheeler is quick to point out that the next owner should be prepared for the reality of having to tear down the existing structure and rebuild.
Permit Required
Wheeler warns that the new owner will need to do their due diligence regarding the necessary permits and approvals to make the space livable again. It’s not a project for the faint of heart.
Contact Information
For more information about this one-of-a-kind property, contact Realtor Kevin Wheeler.
Frequently Asked Questions
Q: Is the current owner still living in the house?
A: No, the current owner is not residing in the house.
Q: Can I see the property as is?
A: Yes, but be prepared for the structural damage and potential hazards.
Q: What’s the timeline for tearing down the existing structure?
A: The new owner will need to determine and obtain necessary permits to demolish the house, which can take several weeks to several months, depending on local regulations.
Q: Is this a good investment opportunity?
A: The answer depends on your vision, patience, and budget. It’s essential to weigh the costs of reconstruction against the potential benefits.
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