Current:Home > ContactHalf of Southern California home on sale for 'half a million' after being hit by pine tree -WealthRise Academy
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-14 20:07:56
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! (3368)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- U.S. indicts 2 men behind major ransomware attacks
- Michelle Yeoh In a Cloud of Happiness Amid Historic Oscars 2023 Appearance
- Flying Microchips The Size Of A Sand Grain Could Be Used For Population Surveillance
- The Daily Money: Spending more on holiday travel?
- All the Ways Everything Everywhere All at Once Made Oscars History
- All the Ways Everything Everywhere All at Once Made Oscars History
- North Korea tests ballistic missile that might be new type using solid fuel, South Korea says
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Mindy Kaling Turns Heads With White-Hot Dress on Oscars 2023 Red Carpet
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Netflix fires employee as internal conflicts over latest Dave Chappelle special grow
- Rep. Paul Gosar shared an anime video of himself killing AOC. This was her response
- Get Cozy During National Sleep Week With These Pajamas, Blankets, Eye Masks & More
- Could your smelly farts help science?
- Couple beheaded themselves with homemade guillotine in ritual sacrifice, police in India say
- Oscars 2023: Ana de Armas Details Being Moved by Marilyn Monroe's Presence During Blonde
- Hailey Bieber's Oscars Party Look Proves You Should Never Say Never to a Classic Black Gown
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Little Mermaid’s Halle Bailey Finally Becomes Part of Jamie Lee Curtis’ World
How Jimmy Kimmel Addressed Will Smith's Oscars Slap During 2023 Ceremony
Leaders from Snapchat, TikTok and YouTube face lawmakers about child safety
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
In this case, politics is a (video) game
Behind murky claim of a new hypersonic missile test, there lies a very real arms race
Transcript: Rep. Mike Turner on Face the Nation, April 16, 2023