Table Of Content
- News 413
- Birkin bag thieves prowl L.A.’s rich neighborhoods, fueling a bizarre black market
- Opinion: The future of Los Angeles housing can learn from Silver Lake, Fairfax and Crenshaw
- The bridge is owned by the city of Alhambra, so he just owns the home on the bridge.
- ‘Rivers in the sky’ have drenched California, yet even more extreme rains are possible
A unique home in Los Angeles County that captured the interest of California homebuyers and started a wider conversation about the high cost of getting into the real estate market has found a new owner. “It was constantly being shown, it was crazy,” Douglas Lee, the listing agent, said. “I got calls from people out in Missouri, I got calls from people in Nevada, I got calls from people in Washington. It was listed for $249,950, so just $50 less than $250,000 and it sold for $430,000 even." The one-bedroom, one-bath bridge home at 1340 E Main Street, with views of the Alhambra Wash was originally listed at $250,000 – a steal for a Los Angeles County home.
News 413
“There are many, many bridges, but as far as I know this is the only one with a house on the bridge,” Crum said. A Rosemead man is the new owner of an unusual home on a bridge that overlooks a concrete flood control channel in Alhambra.
Birkin bag thieves prowl L.A.’s rich neighborhoods, fueling a bizarre black market
Most of the visitors were looky-loos who wanted to get a peek at the small home someone built in 1949 into the side of a bridge owned by the city overlooking the Alhambra Wash. The house is a one-bedroom, one-bath fixer-upper that once belonged to the parents of one of Lee’s high school friends. Lee said his friend’s parents purchased the home in 2005 for about $72,000. Their plan was to use it as a swanky “man cave,” Lee said, but it sat vacant for nearly two decades according to KTLA5.
Opinion: The future of Los Angeles housing can learn from Silver Lake, Fairfax and Crenshaw
The real estate agents are working to clear up such property issues with the U.S. Some people have written on social media about the bridge house. I have crossed that bridge several times on foot and always wondered what those stairs and railing were! The property located at 1340 East Main Street was built in 1949, according to the listing by Compass real estate agent Douglas Lee.
Sold! Unique bridge house in Alhambra goes for nearly double asking price - CBS Los Angeles
Sold! Unique bridge house in Alhambra goes for nearly double asking price.
Posted: Sun, 02 Jul 2023 07:00:00 GMT [source]
The bridge is owned by the city of Alhambra, so he just owns the home on the bridge.
'Troll Apartment' in the middle of Los Angeles bridge listed for $250,000 - UPI News
'Troll Apartment' in the middle of Los Angeles bridge listed for $250,000.
Posted: Thu, 08 Jun 2023 07:00:00 GMT [source]
The recent hikes in mortgage interest rates have only aggravated the problem. Compass Real Estate recently put on the market a one-bedroom fixer-upper on East Main Street that sits under a bridge, within walking distance of a Vietnamese restaurant and a hair salon. The single-family home - which was listed in late May - has a 1950s-style kitchen and full bathroom. The single-family home - which has been listed for 12 days so far - has a 1950s-style kitchen and full bathroom. For $250,000, this "unique and affordable" 462-sq-ft "home" perched on a bridge in Alhambra could be yours.
How student housing around USC is transforming a historic Black and Latino neighborhood
Former Los Angeles Times reporter Neal J. Leitereg covered celebrity real estate for the Business section. He graduated from Arizona State and covered real estate news for Realtor.com before joining The Times. Built in the 1920s, the stately two-story sits on a tree-lined street and has a curved portico with rounded pillars over the front door. The Colonial-style home, which was used to film scenes for the 1990s family comedy and its sequel, “Father of the Bride II,” came to market in June and went under contract in about a week, records show. It previously changed hands five years ago for $1.275 million.
‘Rivers in the sky’ have drenched California, yet even more extreme rains are possible
While the home was originally listed for around a quarter-million, Lee said the low price led to a bidding war, with the winning offer coming in at a whopping $430,000. Douglas Lee, the realtor who’s been working tirelessly to field calls and host tours of the property, called it the strangest listing he’s ever had. The home, located on the 1300 block of Main Street in Alhambra, was a popular open house destination for Angelenos because of its price – a modest (for California) $250,000. One month ago Monday, he toured the 462 square foot one bed, one bathroom home that overlooks the Alhambra wash. Listing agent, Douglas Lee with Compass said the sellers thought maybe they could ask for up to $150,000 for the home.
Turns out … its uniqueness made up for its size and “fixer-upper” status. ALHAMBRA, California (KCAL) — The quaint little “fixer-upper” home on top of an urban bridge in Alhambra officially closed Friday with an all-cash purchase of $430,000. Sign up for Essential California, your daily guide to news, views and life in the Golden State.
It's within walking distance of a Vietnamese restaurant and a hair salon but has no designated parking spot. It’s within walking distance of a Vietnamese restaurant and a hair salon but has no designated parking spot. The unusual location of the house and its comparatively modest $250,000 asking price drew national attention and hundreds of visitors when it hit the market a few weeks ago.
The low price makes it one of only 11 properties in the county listed for under $250,000, Lee said. The previous owner bought the home in 2005 for $72,000, with plans on using it as a deluxe “man cave,” a cool place to hang out and get away for a while. But it sat vacant for nearly two decades, never having the chance to reach its full potential.
The 462-square-foot home is priced below other residences located in the same city with similar features. However, its location has been a topic that has given much to talk about. The unique property is located close to a Jack-in-the-Box, LA Fitness, and 99 Ranch for all your shopping needs. A bizarre and quirky real estate property, but one that garnered tons of drive-bys and open house looky-loos due to its asking price. They first listed the country English-style house for sale in 2010 at $3.25 million and later turned to leasing.
If you don’t know what you’re looking for, you’ll drive right past it — it’s not visible on Google Maps. You need to take a flight of stairs down to the home’s front door. Inside you’ll find one bedroom, one bathroom and a living time capsule from the home’s construction. It’s built into the side of a bridge that overlooks a drainage ditch. The bridge is owned by the city of Alhambra, so he just owns the home on the bridge.
The house is a one-bedroom, one-bath fixer-upper that once belonged to the parents of one of Lee's high school friends. Their plan was to use it as a swanky "man cave," Lee said, but it sat vacant for nearly two decades according to KTLA5. "This was definitely a unique property, no doubt about it," said real estate agent Douglas Lee of Compass, who had the listing.
The average one-bedroom home in the Alhambra neighborhood costs about $350,000, while the median sale price for an existing single-family house in Southern California is about $785,000. The property located at 1340 East Main Street sold $180,000 over the asking price of $250,000, according to the listing by Compass real estate agent Douglas Lee. The home was built in 1949 and features a patio that overlooks the Alhambra wash, as well as a “rooftop patio” about the size of the home itself which is actually located at street level. People were enthralled by what TV tabloid show "Inside Edition" called "the troll house" for its bridge location — more than 155,000 have viewed the show segment about the home posted on YouTube. People were enthralled by what TV tabloid show “Inside Edition” called “the troll house” for its bridge location — more than 155,000 have viewed the show segment about the home posted on YouTube. While most homeowners own the land under their house, the bridge is presumably public land, Lee said.
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