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RentChopper: Hollywood Hills Buff & Hensman Reduced

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This poor Buff & Hensman deserves more love (or perhaps a more fair price) than it's getting. It first came on the market last August for $2.395 million. By October it was reduced to $2.195 million. And in April it was reduced again to $1.995 million, and also became available for rent. And the rental price for this remodeled three-bedroom, three-and-a-half bath house was still steep at $8,950 per month. In terms of amenities, the house features recycled glass terrazzo floors, green wood, cork flooring, low V.O.C. paint, (all in an effort to use green resources), a rotating fireplace in the living room, and a media room. There's also a private deck, a jacuzzi, Jonathan Adler light fixtures, and Ann Sacks tiles in the bathroom. The house is still for sale, and the price is unchanged from its latest listing. Yet the rental price has dropped. It's now available for $7,950 per month. Is the $1,000 price drop per month enough to lure renters?
· $7950 / 3br - AMAZING 1959 POST MODERN RESTORED (HOLLYWOOD HILLS) [Craigslist]
· 3584 Multiview Drive Los Angeles CA 90068 [Official Site]