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ListingsWire: Beverly Hills Redwood, Another Prefab Chop, Toluca Starter

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Each week ListingsWire mentions notable movements on the MLS: New listings, price chops, flips, and more. Spy movement? Email us.

BEVERLY HILLS: A home made of redwood, how pretty. A 1965, Rex Lotery-designed mid-century five-bedroom home "made of built of redwood, glass and stone" has hit the market for $5.8 million. Via the listing: "This is one of only a handful of two-story homes in Trousdale. Interiors are bright, open and seemlessly flow from one space to the next." [Redfin]

VENICE: Designer Jennifer Siegal’s widely published prefab prototype, the OMD ShowHouse, was originally priced at $295,000. Just last month, it was chopped to $259,000 . Now it's down to $198,000. Yikes. [Redfin]

TOLUCA WOODS: Here is your starter home, people. It's a two-bedroom, two-bath home listed at $599,000. That's cheaper than the appraisal, according to the listing. "Exceptional value for This Taluca Woods home; Last appraised for over $700,000. This Toluca Woods home blends traditional character & today's upgrades. Located at the end of a quiet cul-de-sac on a huge lot." Last sale was in 2005 for $550,000. [Redfin]
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