This LA home was crushed in half, it’s now on the market for half a million
MONROVIA, Calif. - A house in Monrovia crushed by a giant tree is on the market. The house is listed as a one-bedroom, one-bath bungalow for half a million dollars.
If that seems high, consider this... there’s only half of the bungalow still standing.
In May, a large tree fell on the house. A couple and their two dogs were home, but luckily no one was injured, which is why realtor Kevin Wheeler dubbed the house ‘Miracle on Mountain Avenue’.
He listed the house a week ago and there are already offers.
"The problem with a house like this is you can't get a loan, so you have to come in with all cash. That's what takes out a lot of the mom and pop style buyers," Wheeler told FOX 11.
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But how do you determine the listing price for a 645-square foot, one bedroom, one bath bungalow?
"We're in Southern California, people love the indoor-outdoor culture. It's an open concept.
In all seriousness, Wheeler points to houses nearby with about the same square footage... a nearby home recently sold for $740,000.
The house is about a hundred years old, and is not move in ready.