A reader forwards this interesting listing for a bank-owned water tower that's asking $320,000. More via the listing: "This exceptionally unique home was converted from a water tower to a residence in 1924. Architect Frederick Roehrig [Green Hotel] designed this property to match the adjacent mansion (not included). Tree-top and city views are included in the 360 degree view from the top floor and other floors. Its located on a woodsy lot. Be adventurous, creative, romantic and live in this landmark property. Private patio, two balconies, hardwood floors, arched and oval windows." And it's listed far below previous sale prices. Notably, it sold in 2000 for $444,000. According to an undated LA Times story, the 1891 wood-shingle water tower was built to serve Grace mansion, the adjoining residence.
· 70 Grace Terrace [Redfin]
· High-Rise [LA Times]
Filed under:
Recession Special: Historic Pasadena Water Tower
The Latest
Curbed LA Is Closing
Head to Curbed.com — soon to be a part of the New York Magazine family — for more of the Curbed LA that you know and love.
Koreatown Craftsman With Lots of Hand-Carved Woodwork Asks $1.5M
Built in 1910, the house sits on a lush property that includes a recording studio out back.
Loading comments...