Tracking L.A.: South Pasadena 91030

There are foreclosures in South Pasadena, but not many -- Redfin counts only three for sale, including 1800 Meridian Avenue. Details:

Two bedrooms, one bath, 1,042 square feet on a 4,099 square-foot lot. Agent's description:

This is a contractor's dream in a upscale neighborhood of South Pasadena. Lots of potential, this is a fixer. Has no kitchen or bathroom. Buyer needs to verify all information. Please use caution when showing. Location, location, location the home is located within the recently recognized California Distinguished School. Good size lot.

Has no kitchen or bathroom. Now that's a fixer.

More on 91030, from Redfin

Date                              Oct. 8

--Listed for sale             61
(home and condos)
--Foreclosures for sale       3
--Median list price        $749,000 
--Median sales price*    $775,000
--Median sold price per square foot: $421
--Median days listed        65
--% reduced in price        32.9%
--Median total reduction   8.9%

*Based on homes sold or taken off the market in the previous 90 days

--Peter Viles

Your thoughts? Comments? E-mail story tips to Peter Viles

Photo Credit: Gus's Bar-B-Q, in South Pasadena, by L.A. Times.

Tracking L.A.: Mar Vista 90066

Last week I linked to some Redfin stats about the overall L.A. housing market, and asked for some reader suggestions on which Zip codes I should begin tracking. Here's the first of three or four: Mar Vista 90066, a corner of the city of Los Angeles just east of Venice and just south of Santa Monica.

Pictured listing: 12677 Dewey St.

A three-bedroom, 1 1/2-bath home measuring 1,269 square feet. Located on a breezy hill about two miles from the beach, but close to the (noisy) Santa Monica Airport. From the listing: "Close to everything and cool ocean breezes. Motivated seller- Submit all offers."

Listing history:
Listed    7/29  $779,000
Reduced 8/23 $749,000
Reduced 9/22 $729,000

Sales history: Sold for $235,000 in May 1994.

More on 90066, from Redfin:

Date                              Oct. 6

--Listed for sale             106
(home and condos)
--Foreclosures for sale       4
--Median list price        $795,000 
--Median sales price*    $757,000
--Median days listed        63.5
--% reduced in price        34.8%
--Median total reduction   6.6%

*Based on homes sold or taken off the market in the previous 90 days

Once again: I'd like to monitor two other pricey Zip codes -- in the $700,000 range. I'm thinking one in the west Valley and one in the Pasadena area. Nominations? Thoughts?

--Peter Viles

Photo credit: L.A. Land