Current:Home > StocksHalf of Southern California home on sale for 'half a million' after being hit by pine tree -TradeBridge
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-13 15:55:52
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! (5686)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Current, future North Carolina governor’s challenge of power
- Current, future North Carolina governor’s challenge of power
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Questlove charts 50 years of SNL musical hits (and misses)
- Trump invites nearly all federal workers to quit now, get paid through September
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Louvre will undergo expansion and restoration project, Macron says
- New data highlights 'achievement gap' for students in the US
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- South Korean president's party divided over defiant martial law speech
- The Super Bowl could end in a 'three
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Recommendation
Louvre will undergo expansion and restoration project, Macron says
2 killed, 3 injured in shooting at makeshift club in Houston
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Federal hiring is about to get the Trump treatment
2025 'Doomsday Clock': This is how close we are to self