511 Oregon St 90245 Gets a haircut

I wrote about 511 Oregon a month ago.  My take is that it is an out of town agent that’s had her hands on a handful of properties.

I guess the commute from ENCINO to show the house was taking it’s toll. She knocked off a paltry $25k off the asking dropping it from $1.4245 mil to $1.4 mil. That’s a whopping 1.8%.  Guess she isn’t that motivated despite the fact that the last owner paid $355k in 1999.

We will see how the $1.4 million dollar club shakes out.

 

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