Current:Home > FinanceHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Legacy Profit Partners
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-14 19:50:31
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! (4682)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Supreme Court kicks gun cases back to lower courts for new look after Second Amendment ruling
- Dangerously high heat builds in California and the south-central United States
- Biden administration proposes rule for workplaces to address excessive heat
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Suki Waterhouse Makes Rare Comment About Bradley Cooper Break Up
- Man who confessed to killing parents, friends in Maine sentenced to life in prison
- Parole denied for Indigenous activist Leonard Peltier, who has spent most of his life in prison
- Could your smelly farts help science?
- Giuliani disbarred in NY as court finds he repeatedly lied about Trump’s 2020 election loss
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- US job openings rise to 8.1 million despite higher interest rates
- MTV deletes news archives from internet, erasing over two decades of articles
- USMNT eliminated from Copa America after loss to Uruguay: Highlights, score
- The company planning a successor to Concorde makes its first supersonic test
- Small businesses could find filing for bankruptcy more difficult as government program expires
- Le Pen first had success in an ex-mining town. Her message there is now winning over French society
- Officers kill 3 coyotes at San Francisco Botanical Garden after attack on 5-year-old girl
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Rainbow Family still searching for Northern California meeting site for '10,000 hippies'
Last known survivors of Tulsa Race Massacre challenge Oklahoma high court decision
Judge issues ruling that protects a migrant shelter that Texas sought to close
Former longtime South Carolina congressman John Spratt dies at 82
Savannah Chrisley Shares Update on Mom Julie Chrisley's Prison Release
Hunter Biden sues Fox News for publishing nude photos, videos of him in 'mock trial' show
France's far right takes strong lead in first round of high-stakes elections