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$329,000 For This Flip in Montecito Heights

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Open House: Sunday, March 17th, between 1 PM - 4 PM

3454 Reynolds Avenue, Montecito Heights
Price: $329,000
Beds, Bath: 2, 2
Floor Area: 1,300 sq. ft.
Per the Listing: "Loft living with an entertainers yard. 3454 Reynolds is a unique opportunity to live among the Hills of Montecito Heights, enjoy the space of a modern 1,300 sq. ft. dwelling w/ 2 bedrooms, 2 full baths, plus a seemingly endless yard. The homes exterior is a blend of smooth surface plaster+modern metal siding. Some amenities include Central Air & Heat, New Windows, polished concrete floors. This is not a traditional home by any means. Seeing this home in person is a must. This is a standard sale."

Priced right or priced to sell? It's rare to find anything anywhere for this price when there isn't a chalk outline of a body outside the front door, so it's surprising to see a flip come in at this price. The price history on Redfin is kind of fascinating though - it sold in 2008 for $286k, was listed again in 2011 for $200k but couldn't find a buyer, so multiple chops brought the property to $130k. It sold for $125k in December 2012. It will be interesting to see what the final sale price on this will be given the recent turn of events with that ReInhabit flip.
· 3454 Reynolds Avenue, Los Angeles, CA 90032 [Redfin]