On 11/28/2016 a 5BR/4BA Classic 1920's Home with obvious modernization upgrades went to sale on Lucerne Blvd in Hancock Park. Est Value over $2,000,000.00 and amount owed to lender in 1st position... @ $1,900,000.00
Opening bid at auction...DROPPED!!!
Purchase Price by Bidder $1,443,000 !!!
As I said... Enuf Said.
When will you start bidding? How much of a discount makes sense to you? Are you waiting for better times?
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