Current:Home > MyHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Ascend Finance Compass
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-17 05:31:13
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! (4457)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Hiker trapped under 3-ton boulder for 7 hours gets 'second chance' after dramatic rescue
- 25 Secrets About Home Alone That Will Leave You Thirsty for More
- No, it's not your imagination, Oprah Winfrey is having a moment. Here's why.
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Ja Morant lawsuit provides glimpse into his youth, family and a contentious pickup game
- Kentucky lieutenant governor undergoes ‘successful’ double mastectomy, expects to make full recovery
- Biden administration moves to protect oldest trees as climate change brings more fires, pests
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Georgia quarterback Carson Beck announces decision to return for 2024 season
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- A new normal? 6 stories about the evolving U.S. COVID response in 2023
- Parenting advice YouTuber Ruby Franke of Utah set to take plea agreement in child abuse case
- CIA director William Burns meets Israel's Mossad chief in Europe in renewed push to free Gaza hostages
- Louvre will undergo expansion and restoration project, Macron says
- Escaped Texas inmate who was serving life without parole for child sexual abuse has been recaptured
- Jordan Davis nearly turned down his viral moment on Eagles' Christmas album
- North Korea test launches apparent long-range missile designed to carry nuclear warhead, hit U.S. mainland
Recommendation
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Minimum wage hikes will take effect in 2024 for 25 U.S. states. Here's who is getting a raise.
Jim Ladd, icon of Los Angeles rock radio known as 'The Last DJ,' dead at 75
These 50 Top-Rated Amazon Gifts for Teens With Thousands of 5-Star Reviews Will Arrive By Christmas
Buckingham Palace staff under investigation for 'bar brawl'
Shawn Johnson and Andrew East Have a Golden Reaction to Welcoming Baby No. 3
Jennifer Love Hewitt Has Honest Response to Claims She’s Unrecognizable
Australian jury records first conviction of foreign interference against a Chinese agent