Monday, May 18, 2009

Ivanhoe Foreclosure Sale


1867 Lucile Ave, Los Angeles, CA 90026

4 bedrooms, 6 bathrooms

Listing price: $1,100,000
Selling price: $880,000 on 5/18/09

REO w/tremendous value offers city & mountain views from most rooms, entry level tiled throughout, high ceilings w/skylight, living room w/fireplace wraparound balcony w/city views. Large open kitchen w/center island, build-in appliances, granite counter, dining area w/fireplace, balcony w/views. All bedrooms are in middle level of property w/wood floors, master bedroom w/fireplace & balcony w/views, large walk-in closet, large master bathroom w/bidet, bath tub & shower. Ground level w/Office, Den, full bathroom, enclosed patio w/ half bath. Private back yard w/pool & spa. Also offers, central vacuum, laundry room, two car attached garage w/direct access. This property is corp owned & sold As Is. No repairs, warranties, disclosures or inspections provided by the seller.

Ivanhoe, Ivanhoe...I hate to bring the bad news. The sale of this foreclosure property is definitely going to affect the values of the neighborhood. Yes this property has lots of square footage, and a pool, and all of the fun, cool, Southern California amenities but foreclosures are property value killers.

What does this mean if you are a Buyer? This means that prices might be coming down even more in the Ivanhoe School District. If you have more questions about this house or any others homes in the area please e-mail mrivanhoespecialist@gmail.com ot call 323-839-3936

Thanks,
Mr. Ivanhoe

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