Rare is the high-end property around here that sells for the initial asking price. The question is: how far does the number have to drop before someone bites? Here are the week’s top reductions….
After a three-month breather, 610 Cima Vista Lane (↓$1M to $8.995M) is back on the market. The three-floor house has grand touches, including every ceiling style in the showroom; the only thing that really wants attention is the stone flooring. The 10.45-acre lot includes the pretty, oak-laden corner of Ladera Lane and East Valley Road.
Well, here’s one ceiling style you won’t find on Cima Vista: corrugated metal. The 1947 adobe at 1451 Orange Grove Avenue (↓$53K to $1.295M), on the north side of the Botanic Garden, brings the funk in myriad ways. Besides the two-bed, one-bath original house, there are two studios and a “two-car garage for all your goodies.”
1122 Bel Air Drive (↓$125K to $2.175M) in Bel Air Knolls is back after a one-month break and a jockey change. The views are spectacular.
212 E. Mountain Drive (↓$250K to $995K) is being sold as land, even though there appears to be a house there.
The 1929 house at 216 W. Figueroa Street (↓$164K to $1.435M) looks like it might have potential, and there’s a cottage in back. Not so sure about the views from the breakfast nook, though….