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California Bungalow

327 N Grenola St Pacific Palisades, CA 90272

Okay, a slight deviation from my usual entries, since I'm now adding real estate consultation into my professional mix, I figured it would be fun to put up unique or quality listings that I see when I'm out on caravan (every Tuesday afternoon real estate agencies hold open houses for brokers and agents to preview properties for their clients). I was out today, and most of what I saw was overpriced and/or ugly. But after several dogs, I came across what I think might be a diamond in the rough. Built in 1950, it's a small (approximately 1,500 square feet), two bedroom, one-and-a-half bath bungalow with a very retro feel. It's on a gorgeous street in the Pacific Palisades, with a pretty decent view of the ocean as well as the local park with a trail head leading down the mountain. Another piece of good news: the house is on a fairly decent sized, mostly flat lot (approx. 6,926 square feet). There are some disclaimers on this property. The listing agent Judy Orsini of Coldwell Banker says that the buyer must verify the square footage of the lot and the structure(s) (there's also a small detached "guest house"), and it is a TRUST SALE, no court confirmation. The price is good though. It was going to list at $1,575,000, but just before it went on the market they decided to go with a lower asking price of $1,485,000. Not currently a family-friendly house, but if you build up or out, it will be right at home with most of the other two-story houses on the street.

April 25, 2006 in Real Estate | Permalink | Comments (0)

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