UPDATE: 2326 Glendon Ave., LA CA 90064. The REO foreclosure property in Lower Westwood, north of Pico Blvd, has an accepted offer and is looking for backup. After its most recent price reduction on 4/9/09 to $1,619,800, the bank accepted an offer on 4/20/09. The home is a newer construction Mediterranean style home built, in 2005. The home is a 5 bedroom, 5 bath with 3,894 sq ft on a 6,750 sq ft lot. Features include a large great room,custom kitchen, open floor plan. This house is ideal for someone wanting a good value in a good Westside location, with easy access to shopping, dining, and entertainment. The bank notes that the property is being sold “As-Is”, without warranty. (Non FHA offers with 10% or less down and borrowers with FICO scores under 720 will not be considered by the bank.) The home was previously sold new in 2006 for $1,985,000. While we don’t yet know the final sales price, the current list price offered by the bank is 19% below what the house sold for in 2006. For more information, contact The Bremner Group at 310-571-1364.
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