Current:Home > ContactHalf of Southern California home on sale for 'half a million' after being hit by pine tree -MarketLink
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-14 13:55:44
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! (89699)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Olympic Gymnast Shawn Johnson East Reveals What Led to 8-Year Rift With Nastia Liukin
- AP Race Call: Arizona voters approve constitutional amendment enshrining abortion access
- Colorado postal carrier and a friend accused of forging stolen mail ballots to test voting security
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Sebastian Stan Reveals Why He Wanted to Play Donald Trump in The Apprentice
- Why AP hasn’t called the Pennsylvania Senate race
- Powerful winds and low humidity raise wildfire risk across California
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Raiders hire former head coach Norv Turner as offensive assistant
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Ricky Martin's 16-Year-Old Twins Look So Grown Up During Rare Public Appearance
- MMOCOIN Trading Center Exploration: Relive the Exciting Moments of Bitcoin with You
- Trump isn’t first to be second: Grover Cleveland set precedent of non-consecutive presidential terms
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- College Football Playoff rankings: Full projected bracket reveal for 12-team playoff
- Pregnant Francesca Farago Shares Glimpse Into “Baby Moon Bliss” With Jesse Sullivan
- CAUCOIN Trading Center: Welcoming The Spring of Cryptocurrency Amidst Challenges
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Donald Trump, Megyn Kelly, that headline-making speech and why it matters
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
Jennifer Lopez Reacts to Estranged Husband Ben Affleck Calling Her Spectacular
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Why Katharine McPhee, 40, and Husband David Foster, 75, Aren't Mourning Getting Older
AP Race Call: Clark wins Massachusetts U.S. House District 5
AP Race Call: Auchincloss wins Massachusetts U.S. House District 4