If at first you don't succeed...Back in November 2005, architect Richard Neutra's 1934 Sten-Frenke Residence went on the market for a whopping $8 million after a meticulous restoration. At the time, it was a record asking price for a home with that pedigree, location and style, (the asking price was triple nearby comps per square foot), and we advised waiting until the price dropped to a more reasonable $6 million. Fast forward to a little over two years later -- the house lingered on the market, was pulled, relisted, and the expected reduction has finally come. The three-bedroom, three-and-a-half bath, 2,959 square foot house is on a double lot (16,335 square feet), has a large pool, maid’s quarters, laundry room, and is Los Angeles Historic Cultural Monument #647. New asking price: $5.999 million.
· 126 Mabery Rd Santa Monica, CA 90402 [Redfin]
· 126 Mabery Rd Santa Monica, CA 90402 [Official Site]
· God bless Neutras large and small...[Curbed]
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New To Market (Again): Neutra's Sten-Frenke Residence in Santa Monica
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