Los Pavoreales, designed by Wallace Neff in 1926, hit the market back in July for $9.995 million. Madonna paid a mere $2.69 million for the Los Feliz estate back in August 1996, and it looks like we're plummeting towards that price point. Yet another one of those architecturally significant homes that isn't selling, this Neff has dropped to $6.995 million. Take the full tour here.
· New To Market: Wallace Neff-Designed Los Pavoreales [Curbed LA]
· 4519 N Cockerham Ave Los Angeles, CA 90027 [Redfin]