Current:Home > ScamsHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Wealth Evolution Experts
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-27 18:55:54
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! (657)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
- Benny Blanco’s Persian Rug Toenail Art Cannot Be Unseen
- Adele Pulls Hilarious Revenge Prank on Tabloids By Creating Her Own Newspaper
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Patrick Surtain II, Broncos agree to four-year, $96 million extension
- Chargers QB Justin Herbert one of NFL’s best leaders? Jim Harbaugh thinks so
- California settles lawsuit with Sacramento suburb over affordable housing project
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Michael Keaton Is Ditching His Stage Name for His Real Name After Almost 50 Years
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- 4 Las Vegas teens plead guilty in juvenile court in beating death of classmate: Reports
- Horoscopes Today, September 4, 2024
- Underwater tunnel to Manhattan leaks after contractor accidentally drills through it
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- How past three-peat Super Bowl bids have fared: Rundown of teams that tried and failed
- Ravens not running from emotions in charged rematch with Chiefs
- Queen guitarist Brian May suffered minor stroke, lost 'control' in his arm
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Video shows blue heron savoring large rat in New York's Central Park
The arrest of a former aide to NY governors highlights efforts to root out Chinese agents in the US
Grandmother charged with homicide, abuse of corpse in 3-year-old granddaughter’s death
Highlights from Trump’s interview with Time magazine
How much should you have invested for retirement at age 50?
Can the city of Savannah fine or jail people for leaving guns in unlocked cars? A judge weighs in
Reality TV continues to fail women. 'Bachelorette' star Jenn Tran is the latest example