Welcome to the Unique Listing of a Half a House for $500,000 in Monrovia, California
If you thought the Southern California real estate market couldn’t get any crazier, think again. A one-bedroom, one-bathroom bungalow in Monrovia, northeast of Los Angeles, has hit the market for a jaw-dropping $499,999. What’s the catch? Well, half of the house was crushed by a tree earlier this year, leaving behind a unique opportunity for buyers.
Described by listing agent Kevin Wheeler as having an “open-concept floor plan,” this half-house is perfect for those looking for a fixer-upper project. With missing walls, hanging wires, and no ceilings, the property is a blank canvas waiting for someone to bring it back to life.
Despite its current state, the property was measured at 645 square feet before the tree incident. While the electricity has been turned off, the plumbing is still functional, offering potential for renovation and restoration.
One interesting fact about this listing is that since the house was over 50 years old and its destruction was deemed an act of God, Monrovia regulations do not require a review for demolition. This means that buyers can bypass some of the typical red tape associated with rebuilds and work on the property as they see fit.
Wheeler mentioned that there has been a lot of interest in the property due to high demand and low inventory in the area, especially at this price point. So, if you’re looking for a unique project and a piece of California real estate history, this half-house in Monrovia might just be the perfect opportunity for you.