abandoned home in El Segundo

As I tell many clients I can sell any house it’s just a matter of price. The more work it needs to the lower the price but people will buy just about any home, in any condition. Having said that 928 Eucalyptus is an unusual sale at best. The home was under construction and that construction stopped several years ago. The home is framed and at one time would have been ready for some of the finishing work.  At this point, however, it looks more like a haunted house as it’s sat empty and unworked on for years.

The current owner has no blueprints or plans, and most likely the current home will need to be torn down and started over.  Continuing construction is always challenging as many of the items would need to be torn apart and put back together.

Listed at $1,550,000 it’s a tall order but if the construction can be continued where it left off….and that’s unlikely….it’s a very large home and will someday be the property the original owner envisioned.  One challenge is that a lender will not loan on a home like this so any purchase would need to be all cash.  Contact us for more info.

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el segundo homes for sale

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El Segundo Real Estate. All information deemed reliable but not guaranteed. The agent providing the information contained herein may not have been a buyer’s and/or seller’s agent. This information is based on data pulled from CRMLS