Leucadia, Avocado acres

Sold for $390,000 cash.

Now in escrow after 3 days.

$388,000 is the asking price for this detached home, I expect multiple offers. The last time it sold for $879,000 in 1/06 and the owner hit the ATM for another 50K for the total liens (loans) of $914,000. A total of 3 unpermitted units have been added over the years. I believe this property will sell for more than the list price.

3 bed, 2 bath, built in 1957. Very freeway close and about 1 mile to beacons beach.