26th Thursday Jan 2012

$99k Highland Park Flip

No, that’s not a typo. This 3 bedroom/2 bath that was sold in June 2011 for $240k, has been rehabbed and redubbed as a “modern craftsman,” for $99k. Clever marketing? Yup. Will it sell anywhere near that price? Not a chance. For lack of a better word, this place was a dump 6 months ago. It’s virtually unrecognizable now. “The seller is choosing to let the market decide,” said a rep from Extraordinary Real Estate. And what will the market deem a house worth that’s been taken down to the studs with only its structural shell remaining? If comps are any indication, somewhere in $450k neighborhood. To view this property, let me know.

Living Room



Before, 6 months ago:

Exterior Before

Kitchen Before

Bath Before

At a Glance

  • 6108 Garrison Dr., Los Angeles, 90042
  • $99k
  • 3 bedrooms/2 baths
  • 1581 sq. ft., 5410 sq. ft. lot
  • 1911 Craftsman
  • Complete Rehab


Listing courtesy of Michael Tessler – Extraordinary Real Estate

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  1. thewizdyme said:

    January 28, 2012 at 7:51 am

    In some states, placing an ad like that is illegal and deceptive. 😉

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