This two-bedroom, two-bath home Holmby Hills estate designed by architect Richard Neutra hit the market in June listed at $2.095 million. It took a hit to the chin in August, dropping to $1.865 million. No buyers have come along, because the home, described as a "carefully restored property" has dropped again to $1.649 million. So why isn't it selling? Let's listen in to what commenters are saying---on another other blog--about why this isn't moving: "If the lot could be built out or the house expanded, it might be of interest... but as a 2/2 on an oddly shaped corner lot across from a busy school..."
· Neutra's Van Cleef Residence Is Inching Down [Curbed LA]
· Van Cleef [Westwood Blog]
· 651 WARNER Ave [Redfin]