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Nearly 50% Off Venice Million Dollar Home? Yup, It's In Escrow

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This two-bedroom, one-bath house on Palms in Venice caused quite a stir when it was listed for $950,000 back in the bubble days of 2007. Located right off Lincoln Blvd, the home's selling point was its 6,000 square foot lot, big for the area. But....that $1 million price. And the lack of staging, let alone dusting. Really, sellers? After disappearing from the market for a few years, the home returned last December, listed at a more modest $699,000. And after another chop, it's now in escrow.
· Reality Check: A $1 Million Listing In Venice [Curbed LA]
· 1028 PALMS [Redfin]