A unique property has recently become available in Monrovia, a suburb northeast of Los Angeles. This one-bedroom, one-bathroom bungalow, which was severely damaged by a tree crash in May, is now listed for $499,999. The house, missing walls and ceilings, with hanging wires and a ruined roof, is humorously described by listing agent Kevin Wheeler as having an “open-concept floor plan.”
Key Details:
- The home, measuring 645 square feet (60 square meters), was assessed before the tree fell.
- Electricity is off, but the plumbing remains functional.
- Monrovia regulations typically require a review for demolitions of properties over 50 years old, but due to the “act of God” damage, no review is needed, allowing for simpler repairs.
- Interest in the property is high due to the low inventory and high demand.
In contrast, California’s most expensive home recently sold for a record $210 million. This Malibu estate, previously owned by Oakley founder James Jannard, underscores the extreme range in California‘s real estate market.
