Table Of Content
- The home is built on top of a bridge, giving it the nickname 'troll house'
- Latest News
- Alhambra ‘bridge house’ sells for $180K over asking price
- Latest California
- California introduces no-cost mental health apps …
- Homeowner witnesses thieves ransack Southern California …
- Southern California homeowner shaken after watching …
It was one of only 11 properties in LA County listed for under a quarter of a million dollars, said Lee. Technically, the home is below street level and is accessed by going down a staircase to reach the front entrance. This material may not be published, broadcast, rewritten, or redistributed. Quotes displayed in real-time or delayed by at least 15 minutes. Already, Lee has seen a flurry of interest in the home, which has been on the market for a few weeks.
The home is built on top of a bridge, giving it the nickname 'troll house'
It's located less than 10 miles east of downtown Los Angeles. A house on a bridge east of Los Angeles sold last week after an initial price was set on $250k. The home is priced around $250,000, but Lee admits there’s very little precedent for pricing a property like this.
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It’s near plenty of businesses, located within the desirable Alhambra school district and existing zoning rules would allow for the property to be used as either a full-time residence or even a commercial enterprise. "Property boasts neighborhood views and no invasion of privacy," the listing reads. Sign up for Essential California, your daily guide to news, views and life in the Golden State.
Sold! Unique bridge house in Alhambra goes for nearly double asking price - CBS Los Angeles
Sold! Unique bridge house in Alhambra goes for nearly double asking price.
Posted: Sun, 02 Jul 2023 07:00:00 GMT [source]
Alhambra ‘bridge house’ sells for $180K over asking price
If you don’t know what you’re looking for, you’ll drive right past it — it’s not visible on Google Maps. You need to take a flight of stairs down to the home’s front door. Inside you’ll find one bedroom, one bathroom and a living time capsule from the home’s construction. But the bridge aspect took this listing to a new level, Lee said. "I think when the property is priced so low, there's an imaginary number in everybody's mind and when a property is below that number, they start to focus on all the good in the property instead of all the bad," Lee said. "When you walk into the unit, though, it's actually an oversized studio. My client bought it many years ago for about $72,000. He wanted to turn it into a man cave, but he got busy and then it just became storage."
A recently listed property in the San Gabriel Valley appears to check all those boxes — if you’re willing to squint a little. The single-family home - which was listed in late May - has a 1950s-style kitchen and full bathroom. "I happen to be across the street right now and it is indeed a road/bridge sandwich style home," one person commented. The single-family home - which has been listed for 12 days so far - has a 1950s-style kitchen and full bathroom. The bridge is owned by the city of Alhambra, so he just owns the home on the bridge. “There are many, many bridges, but as far as I know this is the only one with a house on the bridge,” Crum said.
Listing agent, Douglas Lee with Compass said the sellers thought maybe they could ask for up to $150,000 for the home. Turns out … its uniqueness made up for its size and “fixer-upper” status. The home, located on the 1300 block of Main Street in Alhambra, was a popular open house destination for Angelenos because of its price - a modest (for California) $250,000. The single-family residence is actually below street-level, down a staircase and embedded into the side of a bridge overlooking the Alhambra wash. Turns out … its uniqueness made up for its size and "fixer-upper" status. While the home was originally listed for around a quarter-million, Lee said the low price led to a bidding war, with the winning offer coming in at a whopping $430,000.
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It was built in 1949, has a small kitchen, a balcony and does not have a parking area. A unique home in Los Angeles County that captured the interest of California homebuyers and started a wider conversation about the high cost of getting into the real estate market has found a new owner. The average one-bedroom home in the Alhambra neighborhood costs about $350,000, while the median sale price for an existing single-family house in Southern California is about $785,000.
Welcome to the L.A. Troll Apartment. You can live under a bridge for only $250000 - Los Angeles Times
Welcome to the L.A. Troll Apartment. You can live under a bridge for only $250000.
Posted: Tue, 06 Jun 2023 07:00:00 GMT [source]
Nearby properties can sell for hundreds of thousands more, but those houses offer things like parking and ease of access, which the treehouse simply doesn’t. The listing describes the property as a "unique and affordable one bedroom unit" and a "cosmetic fixer." The house is located on a bridge in the 1340 block of Main Street in Alhambra, located in the San Gabriel Valley east of Los Angeles.
The house also has a terrace the same size as the house with a view of the canal and with almost direct access to the sidewalk from the street. They called 911 immediately, but deputies were not able to reach the Lakewood Drive home in time to catch the suspects. According to the homeowner, the burglars were inside the home for roughly four minutes and 30 seconds. The pair of suspects went to the upstairs bedroom and took multiple suitcases. They ransacked the rest of the home and stole cash, jewelry, and a safe.
The house is a one-bedroom, one-bath fixer-upper that once belonged to the parents of one of Lee’s high school friends. Their plan was to use it as a swanky “man cave,” Lee said, but it sat vacant for nearly two decades according to KTLA5. Built in 1949, the property was listed as having 462 square feet.
The 450-square-foot apartment built in 1949 has a terrace that looks over a stream and a rooftop patio that sits next to a road bridge, separated only by a fence. It is priced at $250,000 — a steal considering the median sale price for an existing single-family house in Southern California is about $785,000. Since it went to market only a few weeks ago, there has been no shortage of interested parties looking to give the treehouse new life. The property was also shared by the popular social media page Zillow Gone Wild, which shares bizarre and interesting real estate listings to its millions of followers. The property located at 1340 East Main Street sold $180,000 over the asking price of $250,000, according to the listing by Compass real estate agent Douglas Lee.
"This was definitely a unique property, no doubt about it," said real estate agent Douglas Lee of Compass, who had the listing. While most homeowners own the land under their house, the bridge is presumably public land, Lee said. The real estate agents are working to clear up such property issues with the U.S. Southern California’s pricey housing market has forced many potential buyers to either settle into comfortable homes in far-flung suburbs or purchase postage stamp-size properties closer to the region’s job centers. The recent hikes in mortgage interest rates have only aggravated the problem. Some people have written on social media about the bridge house.
Dwain Carlo Crum is 67 years old and still living in the Rosemead home he grew up in, but last month he bought the Alhambra home on bridge, aka the Troll House. The previous owner bought the home in 2005 for $72,000, with plans on using it as a deluxe “man cave,” a cool place to hang out and get away for a while. But it sat vacant for nearly two decades, never having the chance to reach its full potential.
Built in 1949, the home has a patio that overlooks the ditch, as well as a “rooftop patio” about the size of the home itself. The rooftop patio is actually located at street-level, only a row of metal fencing separating it from the adjacent street. The 1-bedroom, 1-bathroom home in Alhambra has captured the attention of prospective buyers across the Los Angeles region and beyond.
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