Drop of the Day – Biggest Reduction on Los Angeles Homes

Today in Real Estate in Los Angeles…Big drop in another beach side town, but this time it’s in Santa Monica. Almost $300,000 drop. The Watkins House, designed by James Bonar, FAIA, 1978. Rare oceanfront corner site commands a sweeping head-on view of the ocean on a huge 5127 sq ft lot (actually a lot and a half). Though to be honest, this 3B/3.5Ba needs a lot of work. So started at almost $4 mill and now down to the $3,600,000. You know what I say – only so much beach property – get some while it’s cheap! Another day in Real Estate in Los Angeles.

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