I
n Southern California's competitive real estate market, a unique property has recently been listed for sale - a half-house priced at half a million dollars. This one-bedroom, one-bathroom bungalow is located in suburban Monrovia, northeast of Los Angeles. In May, the property was partially destroyed when a tree fell on it while two renters and two dogs were inside. Fortunately, no injuries were reported, but the fence and most of the roof were severely damaged.

    The property, now partially destroyed, is being sold for $499,999. Despite its current state, listing agent Kevin Wheeler sees the silver lining, jokingly referring to it as an "open-concept floor plan" to the Los Angeles Times. The property's size is estimated to be 645 square feet, based on measurements taken before the incident. However, the electricity is currently turned off, but the plumbing still functions.

    According to Monrovia regulations, demolitions on properties over 50 years old require a review. However, since the destruction was caused by an "act of God," a review is not required, according to Wheeler. This means that potential buyers can purchase what's left of the home and renovate it without dealing with some of the usual red tape associated with rebuilds.

    Due to high demand and low inventory, especially at this price point, Wheeler has reported significant interest in the property so far. Copyright 2024 The Associated Press. All rights reserved.