Brentwood Market Update 9/7/09

310 N Bundy Dr,Los Angeles, CA 90049

Just listed today, described as follows: Beautiful Bungalow in highly desirable area north of Sunset Blvd. Spacious & open living & dining rooms w/large picture windows that fill space w/light. Exquisite peg&grove floors. Large kitchen with new tile floors. Bathroom has separate tub & shower, new tile & new glass shower. Smooth ceilings. Central heat/AC. Gorgeously landscaped front yard. Large rear patio perfect for entertaining. Stairs lead to two level use areas in backyard with wonderful canyon views. Inside laundry & new exterior paint.

Interesting to you as a market snapshot:  This property was on the market from 6/14/2002 until it was withdrawn on 4/3/2003, after 293 days on the market.  At that time, it was priced at $969,000, and made 6 price reductions, until it was taken off the market at, drumroll please, $870,000!  Can it sell this time at anywhere near to its asking price of $998,000? (This calculates to $740.00 per square foot, if you’re playing at home.) More interesting, it was purchased in April 1999 for $300,000.

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