Back in May, we spotted this five bedroom, five-and-a-half bath house with a saltwater pool for sale in Studio City. The asking price was aggressive: $2.949 million or almost half a million over its 2005 sales price of $2.535 million. It seems the sellers have finally capitulated to economic reality. The house has sold for a little over $2.397 million, over half a million less than asking. Take the full tour here [Redfin]
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