Current:Home > NewsHalf of Southern California home on sale for 'half a million' after being hit by pine tree -WealthRoots Academy
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-13 12:08:01
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! (5112)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Kentucky attorney general announces funding to groups combating drug addiction
- Powerful storm transformed ‘relatively flat’ New Mexico village into ‘large lake,’ forecasters say
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, The Price Is Right
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- 4 suspects arrested in fatal drive-by shooting of University of Arizona student
- Argentina fans swarm team hotel in Atlanta to catch glimpse of Messi before Copa América
- More than 300 Egyptians die from heat during Hajj pilgrimage in Saudi Arabia, diplomats say
- 2025 'Doomsday Clock': This is how close we are to self
- Hours-long blackout affects millions in Ecuador after transmission line fails
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Travis Scott Arrested for Alleged Disorderly Intoxication and Trespassing
- Josh Gad confirms he's making a 'Spaceballs' sequel with Mel Brooks: 'A dream come true'
- FBI identifies serial rapist as person responsible for 1996 Shenandoah National Park killings
- The Daily Money: Spending more on holiday travel?
- Aaron Judge returns to Yankees’ lineup against Orioles, two days after getting hit on hand by pitch
- Climate change made spring's heat wave 35 times more likely — and hotter, study shows
- Cargo ship crew members can go home under agreement allowing questioning amid bridge collapse probes
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Powerful storm transformed ‘relatively flat’ New Mexico village into ‘large lake,’ forecasters say
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, The Price Is Right
American Airlines CEO vows to rebuild trust after removal of Black passengers
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
So long plastic air pillows: Amazon shifting to recycled paper filling for packages in North America
TikTok unveils interactive Taylor Swift feature ahead of London Eras Tour shows
Ozempic users are buying smaller clothing sizes. Here's how else GLP-1 drugs are changing consumers.