Thursday, September 24, 2009

Affordable Palisades



This 2 bedroom / 1 bath house at 559 Bienveneda Ave. is distinctive as the lowest-priced house listing in Pacific Palisades, quiet and secluded (the opposite of Sunset Blvd. noise!), small but in good condition.

Listed 8/13/09 for $929K, it's now down to $899K. Originally built in 1950, it's fixed up inside in a flip sort of way (unlike the probate at 616 Las Lomas that finally sold for $765K on 7/30/09), but still a small 793 SF (from the County; what, is the broker embarrased to give this?) on a 4,486 SF lot overlooking a canyon. According to Zillow it last sold 2/3/06 for $700K. Not much of a listing description, either:

"New home. Alternative to condominium. Nice fenced rear yard."

6 comments:

Anonymous said...

I viewed this house. In my opinion, it is a bad layout, very small and, to top it all off, the cliff behind the house is falling down and the house does not appear to be on stable ground.

Anonymous said...

I know the absolute sticker price is low compared to other PP homes. But >$1K / sqft for a dump near an unstable hill.

Lame and won't sell.

Anonymous said...

What a joke. New home my ass.

Anonymous said...

alternative to a TRAILER PARK

Anonymous said...

Do we know when it was last sold and for what price?

piranahfishy said...

what a dump