Current:Home > MarketsHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Zenith Money Vision
Half of Southern California home on sale for 'half a million' after being hit by pine tree
Surpassing Quant Think Tank Center View
Date:2025-04-10 04:31:54
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! (1)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- 'Underbanked' households more likely to own crypto, FDIC report says
- Pistons' Tim Hardaway Jr. leaves in wheelchair after banging head on court
- Ben Foster Files for Divorce From Laura Prepon After 6 Years of Marriage
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Skai Jackson announces pregnancy with first child: 'My heart is so full!'
- John Krasinski Revealed as People's Sexiest Man Alive 2024
- 'Underbanked' households more likely to own crypto, FDIC report says
- Intellectuals vs. The Internet
- What are the best financial advising companies? Help USA TODAY rank the top U.S. firms
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Man jailed after Tuskegee University shooting says he fired his gun, but denies shooting at anyone
- Republican Gabe Evans ousts Democratic US Rep. Yadira Caraveo in Colorado
- Garth Brooks wants to move his sexual assault case to federal court. How that could help the singer.
- 'We're reborn!' Gazans express joy at returning home to north
- Travis Kelce's and Patrick Mahomes' Kansas City Houses Burglarized
- Certifying this year’s presidential results begins quietly, in contrast to the 2020 election
- Krispy Kreme is giving free dozens to early customers on World Kindness Day
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
When is 'The Golden Bachelorette' finale? Date, time, where to watch Joan Vassos' big decision
Wreck of Navy destroyer USS Edsall known as 'the dancing mouse' found 80 years after sinking
How to Build Your Target Fall Capsule Wardrobe: Budget-Friendly Must-Haves for Effortless Style
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Angels sign Travis d'Arnaud: Former All-Star catcher gets multiyear contract in LA
Multi-State Offshore Wind Pact Weakened After Connecticut Sits Out First Selection
Trump ally Steve Bannon blasts ‘lawfare’ as he faces New York trial after federal prison stint