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New to Market: Perhaps Flippy-Craftsman on Serrano

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"Diamond in the rough! Great value here so don't miss out. Due to some unforeseen circumstances this home has to be sold." So chimes the listing for this Craftsman on Serrano, a 4-bedroom 2-bath home near Western Avenue and 2nd Street. It looks like this might have been flipped to death: It last sold in 2008 for $775,000, and before that sold in late 2007 for $700,000. And there's some activity before that, too. The home is 2,578 square feet, and here's more via the listing: "Features include bright living room that opens up to the formal dining room w/ built-in china hutch, tiled laundry room, and hardwood floors in the living room and formal dining room." It's now asking $550,000 or $213 a square foot.

Feb 21, 2008 Sold $775,000
Feb 20, 2008 Sold $775,000
Dec 13, 2007 Sold $700,825
Jul 17, 2006 Sold $975,000
Mar 03, 2005 Sold $800,000
Oct 03, 1997 Sold $195,000