This "character rancho circa 1948," a restored four-bedroom on Bob Hope Drive hit the market back in May for $879,000. But three months later, Miss Ranch has dropped $799,000. Those beamed ceilings may turn you on, but you may want to tweak the too-cute kitchen and the bathrooms. It last sold in 2004 for $789,000, but looks to have been restored. More via the listing: "Upstairs master suite w/ reading and/or nursery. Downstairs bedrooms open to covered private grassy yard & dining patio. Unique cul-de-sac w/ sweeping Park vistas. Close to Griffith Park, Equestrian Center, etc. Extremely special."
· 525 North BOB HOPE Drive [Redfin]