Price Reductions and a Progressive Open House in Westwood

The  Little Holmby property at 10541 Strathmore Dr, LA CA 90024 had a 8.02% or $200,000 price reduction this week, down to $2,295,000. According to public records the home is a 5 bed / 4 bath, 2,919 sq ft home on an upslope 7,056 sq ft lot. The home came to market in mid-February and has been on the market 68 days, with its second agent. This home expired in 2008 after being on the market for 211 days, starting at $2,795,000.

The Little Holmby traditional at 260 Loring Ave., LA CA 90024 received a price reduction this week of 3.03% or $100,000, down to $3,195,000. This is the first price reduction of the listing term. The home has been on the market for 85 days. According to the MLS, the home is a 4 bedroom / 3.5 bath, 3,491 sq ft of home on a 8,220 sq ft lot.

The Little Holmby traditional at 915 Thayer Ave., LA CA 90024 received a price reduction this week of 7.33% or $249,000, down to $3,150,000. This is the first price reduction during the current listing term, which started 80 days ago on 1/30/09. According to the MLS, the home is a 4 bedroom / 5 bath, 4,300 sq ft of home on a 8,340 sq ft lot.

The property at 2046 Glendon Ave LA CA 90025 lasted only 16 days on the market before receiving an accepted offer on in early March. Listed in mid-February for $949,000, the home had one price reduction during the listing term, down to $879,000. The home sold and closed on 4/08/2009 for $863,000. According to public records this home is a 2 bed / 1 bath, 1,176 sq ft of home on a 5,400 sq ft lot. The home was in move-in condition and had an open floor plan with the living room, dining room and kitchen as one large area. The kitchen was very modern with stainless steel appliances, stone countertops and custom cabinetry.

Next Tuesday, April 28th, there will be a progressive Little Holmby Caravan being held by some of the premiere agents, on some of the most desired Little Holmby homes.  This is an excellent opportunity to get out and view all of the homes in this area at one time.  This special event will be held from 11 AM to 2 PM, and will feature at least 14 of the area properties.  For a complete list and map, please email me at [email protected].

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