Table Of Content
- Year-Old Self-Made Millionaire: How to Get Started in Real Estate Investing
- KESQ Breaking News Email Alerts
- Alphabet and Microsoft help Wall Street clinch its best week in nearly six months
- ‘Father of the Bride’ home in Alhambra sells for the asking price
- Alhambra ‘bridge house’ sells for $180K over asking price
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. "This was definitely a unique property, no doubt about it," said real estate agent Douglas Lee of Compass, who had the listing.
Year-Old Self-Made Millionaire: How to Get Started in Real Estate Investing
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. The 450-square-foot dwelling on the 1300 block of East Main Street has a terrace that looks over the wash and a rooftop patio that sits next to a road bridge, separated only by a fence.
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It's within walking distance of a Vietnamese restaurant and a hair salon but has no designated parking spot. It’s within walking distance of a Vietnamese restaurant and a hair salon but has no designated parking spot. The unusual location of the house and its comparatively modest $250,000 asking price drew national attention and hundreds of visitors when it hit the market a few weeks ago.
Alphabet and Microsoft help Wall Street clinch its best week in nearly six months
Turns out … its uniqueness made up for its size and "fixer-upper" status. The quaint little "fixer-upper" home on top of an urban bridge in Alhambra officially closed Friday with an all-cash purchase of $430,000. The yard, more than an acre, includes a swimming pool with a spa, a north-south tennis court, fruit trees and a greenhouse. Backyard and wedding scenes from the “Father of the Bride” films were shot on the half-acre grounds, which contains a covered patio, lawns and mature trees. A side-yard basketball hoop where Steve Martin and Kimberly Williams-Paisley’s characters faced off in games of one-on-one sits next to a detached three-car garage.
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. It’s built into the side of a bridge that overlooks a drainage ditch. The bridge is owned by the city of Alhambra, so he just owns the home on the bridge.
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. The property was listed as a perfect place for "a young professional who wants to live close to the city’s downtown area for work." The listing was featured on Zillow Gone Wild, a social media website showcasing unusual listings. "I happen to be across the street right now and it is indeed a road/bridge sandwich style home," one person commented. The listing was recently featured on Zillow Gone Wild, a social media website showcasing unusual listings. "Property boasts neighborhood views and no invasion of privacy," the listing reads.
Turns out … its uniqueness made up for its size and “fixer-upper” status. ALHAMBRA, California (KCAL) — The quaint little “fixer-upper” home on top of an urban bridge in Alhambra officially closed Friday with an all-cash purchase of $430,000. Sign up for Essential California, your daily guide to news, views and life in the Golden State.
Alhambra ‘bridge house’ sells for $180K over asking price
Most of the visitors were looky-loos who wanted to get a peek at the small home someone built in 1949 into the side of a bridge owned by the city overlooking the Alhambra Wash. The house is a one-bedroom, one-bath fixer-upper that once belonged to the parents of one of Lee’s high school friends. Lee said his friend’s parents purchased the home in 2005 for about $72,000. Their plan was to use it as a swanky “man cave,” Lee said, but it sat vacant for nearly two decades according to KTLA5.
Troll-chic home under bridge sells for $181K over ask — all cash - New York Post
Troll-chic home under bridge sells for $181K over ask — all cash.
Posted: Mon, 03 Jul 2023 07:00:00 GMT [source]
Rosemead man is new owner of home on bridge in Alhambra
The house is located on a bridge on the 1340 block of Main Street in Alhambra, a city in Los Angeles County's San Gabriel Valley. It was built in 1949, has one bedroom and one bathroom, and no space for parking. A Los Angeles area home in an unusual location and listed on the real estate site Zillow as "a great deal" is on the market for $249,950. The listing describes the property as a "unique and affordable one bedroom unit" and a "cosmetic fixer." “I know some people call it a troll house, I don’t mind, but trolls have different connotations, but I want to call it the bridge house of LA,” Crum said. Lee declined to identify the buyer who came up with the top bid of $430,000, but Lee said he is a retired Rosemead High School teacher.
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. Douglas Lee, the realtor who’s been working tirelessly to field calls and host tours of the property, called it the strangest listing he’s ever had. 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. One month ago Monday, he toured the 462 square foot one bed, one bathroom home that overlooks the Alhambra wash. Listing agent, Douglas Lee with Compass said the sellers thought maybe they could ask for up to $150,000 for the home.
The low price makes it one of only 11 properties in the county listed for under $250,000, Lee said. 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.
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