Current:Home > MarketsHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Streamline Finance
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-12 04:10:54
Half of a Southern California home is on the market for half a million dollars and potential buyers are flocking to own the unusual residence.
The 645 square foot one-bedroom, one-bathroom bungalow in suburban Monrovia, northeast of Los Angeles, is listed for $499,999. The home, which was built in 1921, remains intact after a "gigantic" stone pine tree fell on it in May, Realtor Kevin Wheeler told USA TODAY.
"It's half a house for half a million," Wheeler said about the growing interest in the home. "That's what everybody is reacting to."
When the tree struck the home, luckily neither of the two owners was killed, according to Wheeler.
"There weren't a lot of places you could be without getting hit by the tree, and they happened to be just at the right spot to miss it," he said.
'We've had several good offers'
Although the home is only partially standing, the demand to buy it remains high due to the housing inventory in the area being scarce, according to Wheeler.
The home has only been on the market for about a week, he said.
"We've had several good offers," the realtor said. "If it wasn't for the attention that it's getting, it would be under contract right now."
Half of the home being destroyed prompted its owners to sell rather than pay hundreds of thousands of dollars to rehab it, the realtor said.
"They're older and they don't got the gas in the tank," Wheeler said about the owners. "They thought that it'd be better for them just to move on."
Would the home be worth $1 million if it was whole?
While many could conclude that if the home was whole then it would be worth $1 million, but Wheeler said that is not the case.
"There was a home on the same street that sold at the end of June for $900,000," according to the realtor. "That house was new construction."
The belief is that whoever buys the home will leave one wall and the rest of it will be new construction, Wheeler said.
"They'll probably make it a little bigger," he said.
Potential buyers have even come to Wheeler and said they planned on putting 1,000 more square feet on the house, the realtor said. Those interested in buying the home may only have a "couple more days" as Wheeler plans on leaving it on the market a tad bit longer, he added.
veryGood! (96855)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Common passwords like 123456 and admin take less than a second to crack, research shows
- India tunnel collapse leaves 40 workers trapped for days, rescuers racing to bore through tons of debris
- Cambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Microgrids Can Bolster Creaky Electricity Systems, But Most States Do Little to Encourage Their Development
- Los Angeles criticized for its handling of homelessness after 16 homeless people escape freeway fire
- Mega Millions Tuesday drawing: Jackpot at $267 million, check winning numbers
- Intellectuals vs. The Internet
- One man was killed and three wounded in a Tuesday night shooting in Springfield, Massachusetts
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Gwyneth Paltrow's Ski Trial Is Being Turned into a Musical: Everything You Need to Know
- More cantaloupe products added to recall over possible salmonella contamination
- Long-haul carrier Emirates orders 15 Airbus A350 after engine dispute during Dubai Air Show
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Caitlyn Jenner Recalls Convincing Robert Kardashian to Divorce Kris Jenner Over Private Dinner
- Justin Timberlake's Red Carpet Reunion With *NSYNC Doubled as a Rare Date Night With Jessica Biel
- Sweden opens state-of-the-art plant for sorting plastics for recycling
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Why Travis Kelce Is Apologizing to Taylor Swift's Dad Just Days After Their First Meeting
Dean McDermott Says He's Inflicted a Lot of Damage and Pain on Ex Tori Spelling
A first look at the newest Hyundai Santa Fe for 2024
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Judge dismisses lawsuit challenging voucher-like program for private schools
Potential kingmaker in Dutch coalition talks comes out against anti-Islam firebrand Wilders
UNESCO urges Cambodia not to forcibly evict residents of Angkor Wat temple complex