Value

Home For Sale in Topanga’s Prime Post Office Tract: 20% Price Reduction!

This Topanga house for sale looks like a smoking deal: Now priced at under $1,000,000, which is less than $350 per square foot. This place has it all, three bedrooms and three baths, a garage, a beautiful kitchen, tiled floors, and located in what many consider to be the “Beverly Hills” of Topanga (the P.O. Tract), close to the trails of Topanga State Park.
For full info, click here
Listing Provided Courtesy of: Christine Lightheart, Pritchett-Rapf & Assoc.

Run the numbers for yourself–this is a killer deal and it seems to be priced pretty close to construction cost. To quote the SM Distress Blog:

you would probably be hard pressed to build something for yourself for $330/sq ft; especially when you factor in all the architecture, landscaping, permitting, etc…then there is the holding cost that you incur if you are building for yourself…you’ve got to still pay property taxes on the lot and you’ve got to pay rent for a year while your house is being built!

Contact me if you’d like to visit this property before it is sold!

Filed Under: Blog
Tagged: P O Tract, Price Reduction, Topanga, Value