Welcome to this version of "New To Market," our look at a listing with a reader vote. Consider this an unscientific way to take the buying pulse of a wary public. Feedback and nominees to the tipline, please.
Could this be a bargain? This bank-owned property south of Pico is a duplex, with two bedroom and one bath in each unit. Unfortunately, the listing only shows one unit, with the other still occupied. The one that is shown includes hardwood floors and granite counters in the kitchen and bathroom. There's also an enclosed backyard and patio. In terms of the location, the listing tells us the property is "located in a pride-of-ownership neighborhood: Pickfair Village, supposedly named after Mary Pickford and Douglas Fairbanks (old movie stars)." The sales history reveals it rode the bubble for a while also -- its last sales price was $720,800 in April 2008, after hitting a high of $1.09 million in Sept 2005. Today's asking price: $514,900 or $243 per square foot. Listing is here.
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