Now this is an interesting story to tell. We brought 5136 La Roda on the market back in July with an asking price of $699,900. We received one offer, which didn't come together. After a little while we reduced the price to $679,900. Still nothing. Then, in the beginning of September, we finally received an offer (under the new asking price). We began the negotiation process with this offer. After a few days of going back and forth we received another offer. And then two more offers. Suddenly we had a multiple offer situation to negotiate - after being on the market for over a month! We closed escrow last week with a final sales price of $715,000 - over the original listing price AND all cash with a 5 day escrow. Needless to say, this is a very interesting real estate market we have going in Eagle Rock right now!
LA Digs - Northeast LA Real Estate Blog
Welcome to LA Digs, the real estate and Northeast Los Angeles community blog written by Realtors Tracy King and Keely Myres.
Here, we share tips, market updates, and local news bits to keep you informed on what's happening in Northeast Los Angeles and the surrounding neighborhoods. Read on to learn about the latest in your neighborhood!
Here, we share tips, market updates, and local news bits to keep you informed on what's happening in Northeast Los Angeles and the surrounding neighborhoods. Read on to learn about the latest in your neighborhood!
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