Current:Home > StocksHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Mastery Money Tools
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-18 21:27:51
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! (7)
Related
- New data highlights 'achievement gap' for students in the US
- Element of surprise: Authorities reveal details of escaped murderer Danelo Cavalcante's capture
- Israel’s finance minister now governs the West Bank. Critics see steps toward permanent control
- Ex-CIA employee snared earlier in classified info bust found guilty of possessing child abuse images
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Bodycam shows Seattle cop joking about limited value of woman killed by police cruiser. He claims he was misunderstood.
- Nigeria experiences a nationwide power outage after its electrical grid fails
- Elon Musk Shares Photo of Ex Amber Heard Dressed as Mercy From Overwatch After Book Revelation
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- 'Zelda: Tears of the Kingdom' designers explain why latest hit won't get a follow-up
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- JoJo Offerman posts tribute to fiancée, late WWE star Bray Wyatt: 'Will always love you'
- Serbia and Kosovo leaders hold long-awaited face-to-face talks as the EU seeks to dial down tensions
- 'Oldest start-up on earth': Birkenstock's IPO filing is exactly as you'd expect
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Republicans raise the specter of widespread COVID-19 mandates, despite no sign of their return
- Utah GOP Sen. Mitt Romney, former presidential candidate and governor, won’t seek reelection in 2024
- A federal judge again declares that DACA is illegal. Issue likely to be decided by US Supreme Court
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Nigeria experiences a nationwide power outage after its electrical grid fails
F-35 fighter jets land in NATO-member Denmark to replace F-16s, some of which will go to Ukraine
Convicted murderer's escape raises questions about county prison inspections
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Pro-Bolsonaro rioters on trial for storming Brazil’s top government offices
Intensified clashes between rival factions in Lebanon’s largest Palestinian refugee camp kill 5
Supporters of effort to repeal ranked voting in Alaska violated rules, report finds