Current:Home > ContactHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Excel Money Vision
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-18 19:31:53
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! (7)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- April 2024 full moon rises soon. But why is it called the 'pink moon'?
- Tesla cuts prices on three models after tumultuous week and ahead of earnings
- Damian Lillard scores 35 as Bucks defeat Pacers in Game 1 without Giannis Antetokounmpo
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 3 reasons to buy Berkshire Hathaway stock like there's no tomorrow
- The Lyrids are here: How and when to see the meteor shower peak in 2024
- Powerball jackpot tops $100 million. Here are winning Powerball numbers 4/20/24 and more
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Bachelor Nation's Greg Grippo and Victoria Fuller Break Up After One Year of Dating
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- North Korea launches Friendly Father song and music video praising Kim Jong Un
- How wildlife crossings protect both animals and people
- Golden line: See what cell providers offer senior discounts
- Stamford Road collision sends motorcyclist flying; driver arrested
- Eminem celebrates 16 years of sobriety with a new recovery chip: 'So proud of you'
- Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale
- New Hampshire man convicted of killing daughter, 5, ordered to be at sentencing after skipping trial
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Tennessee Gov. Lee admits defeat in school voucher push
QSCHAINCOIN Review: Ideal for Altcoin Traders
Nina Dobrev and Paul Wesley Mourn Death of Vampire Diaries Makeup Artist Essie Cha
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Damian Lillard sets Bucks’ postseason mark with 35 points in opening half vs Pacers
Arkansas teen held on murder charge after fatal shooting outside party after high school prom
2 young siblings killed, 15 hurt after car crashes into birthday party in Michigan