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PriceChopper: Silver Lake Post & Beam Drops. Barely.

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It was just over a month ago when we spotted this mid-century post & beam for sale in Silver Lake (Ivanhoe school district to boot). The listing boasted this 1956 three-bedroom, two-bath home was designed by "noted architect" Murray Siegel (we think we might have an uncle with the same name). The 1,498 square foot home features an open kitchen, Sub-zero fridge, a covered patio, and a flat backyard. The house was last sold in June 2002 for $470,000 and then was listed in March at $929,000 or $620 per square foot. Today's chop is just $30,000, with a new listing price of $899,000 or $600 per square foot.
· 2981 Waverly Dr Los Angeles, CA 90039 [Redfin]
· New To Market: Midcentury Post & Beam in Silver Lake [Curbed LA]