NEW LISTING IN THE LOWER GLEN FOR $350,000!

1673 N. Beverly Glen Blvd.

This home just hit the market at an unheard of price. I don't expect however, that it will close escrow at the ofered price. As you read the MLS remarks (below), it appears that the seller and broker are anticipating multiple offers (ie a "bidding war") and the ultimate sale price could go higher than the list price. I'll track its progress through the sale process and report back.

Per the MLS- "This is a two story cottage in prestigous Bel Air (lower Beverly Glen Canyon). This cozy home features 2 bedrooms, 1 bath, light and bright sun room and living room with inviting fireplace. The home sits well off the street with ample parking and privacy. The property is being offered via sealed public bid, "as is/where is/in its present condition with all faults", minimum bid amount $350,000. All due diligence be performed up front, only cash offers will be considered, all bids must be received by no later than 5:00 pm Pacific Time - Tuesday, February 15,2011."

For more information and showings contact Mickey Kessler of Coldwell Banker at 310-367-2322 or mkessler@verizon.net or the listing agent- Joyce Essex of Coldwell Banker at 310-777-6200.