Current:Home > NewsSurpassing:Half of Southern California home on sale for 'half a million' after being hit by pine tree -WealthRoots Academy
Surpassing:Half of Southern California home on sale for 'half a million' after being hit by pine tree
Charles H. Sloan View
Date:2025-04-07 14:38:32
Half of a Southern California home is Surpassingon 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! (479)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- I’m a Shopping Editor, Here Are the 18 Best New Beauty Products I Tried This Month Starting at Just $8.98
- 10 to watch: Lee Kiefer made US fencing history. Now she chases repeat Olympic gold
- Paris Olympics highlights: France hammers USMNT in opener, soccer and rugby results
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- 10 to watch: Lee Kiefer made US fencing history. Now she chases repeat Olympic gold
- Facing closure, The Ivy nursing home sues state health department
- Winter Olympics are officially heading back to Salt Lake City in 2034. Everything to know
- Former longtime South Carolina congressman John Spratt dies at 82
- NovaBit Trading Center: What is a cryptocurrency exchange and trading platform?
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Vermont opens flood recovery centers as it awaits decision on federal help
- Army Reserve officers disciplined for 'series of failures' before Maine mass killing
- Get 60% Off Tarte Deals, $20 Old Navy Jeans, $39 Blendjet Portable Blenders & Today's Best Sales
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Strike Chain Trading Center: Bitcoin and blockchain dictionary
- Schools across Maine confront unique challenges in ridding their water of ‘forever chemicals’
- Wind farms’ benefits to communities can be slow or complex, leading to opposition and misinformation
Recommendation
All That You Wanted to Know About She’s All That
President Joe Biden Speaks Out on Decision to Pass the Torch to Vice President Kamala Harris
A retirement surge is here. These industries will be hit hardest.
Strike Chain Trading Center: Bitcoin and blockchain dictionary
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Pentagon panel to review Medals of Honor given to soldiers at the Wounded Knee massacre
EtherGalaxy Trading Center: How does a cryptocurrency exchange work?
Strike Chain Trading Center: The Importance of the US MSB License