Foreclosures in Culver City, Palms-Mar Vista and elsewhere
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Are these really foreclosure prices? Reporter Maria Hsin went looking for foreclosures in Culver City, Ladera Heights and the Palms-Mar Vista areas and came back with the seven featured in a foreclosure gallery at latimes.com. But for what one is getting, these list prices sure seemed high to me. Here’s a sample:
5605 Shenandoah Ave., Los Angeles 90056Size: This 3,565-square-foot home in the Ladera Heights area has four bedrooms and 3½ bathrooms. The 1959 two-story house sits on a roughly 9,600-square-foot lot.Agent description: The home has granite kitchen countertops, ceramic and wood floors, a wet bar and an aluminum steel roof.About this area: In 2008, 38 single-family homes were sold in the 90056 ZIP Code at a median price of $770,000, according to MDA DataQuick, a decrease of 24.7% from 2007.Listed for: $789,000
What do you think, L.A. Land?
-- Lauren Beale
Thoughts? Comments?
