Erudition

er·u·di·tion [er-yoo-dish-uhn, er-oo-] –noun
knowledge acquired by study, research, etc.; learning; scholarship.

Find a place, study the heck out of it, then go see if we can have a meaningful relationship.

Our subject today- 2720 Dunleer Pl, 90064 asking $1,150,000

Big, big yard- needs some landscaping and fruit trees, but plenty of room.

Beds: 3
Baths: 1.5

Small and dated floor plan. Needs updating and probably a second floor for us.

Area: Cheviot Hills - Rancho Park

Some of the best public elementary schools and middle schools in LAUSD. Excellent GREATSCHOOLS scores.

Backyard backs up to the old Exposition Blvd train right of way and the school parking lot. House andard are bordered to the west by busy Overland Blvd.

30 days on the market

Sales pitch:

Great opportunity on cul-de-sac in Rancho Park - charming 3 bedroom, 2 bathroom home with beautiful landscaping and HUGE backyard. This house has an ideal layout. Large living room with fireplace and French doors to patio and backyard. Kitchen opens to side patio great for al fresco dining. Inside laundry, attached 2 car garage and tons of storage. Lot is over 12,400 square feet (per assessor) and approved Tentative Tract Map for lot split is available separately

Sales History :
05/17/2005
$808,000

11/14/2000
$420,000

05/06/1994
$244,000
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We are inclined to think that $1,150,000 is a pie in the sky price. At top of market, the current owners paid $808,000. I wonder how insulted they would be if we offered slightly below that?

Amended 10/15- we visited the open house yesterday- one of three names on the sign in sheet and we arrived at 4:30pm. We won't offer. It was simply too noisy and the photos don't do justice to the fact that stainless appliances don't make up for poorly installed parquet tiles, crooked counters or bedrooms that are actually pass-through hallways. Even the agent showing the house felt that an asking price of $800,000 was more in the ballpark.