Looking to join the ranks of California’s infrastructure? Then look no further than this affordable one-bedroom abode located on the side of a bridge overlooking a gentle stream in Alhambra. Boasting a unique troll-style design, this quirky property is one of only 10 properties currently listed for sale in Los Angeles County for under $250,000, making it a highly sought-after commodity. In fact, potential buyers are flocking to the listing in droves, captivated by its unusual architecture and affordable price point.
Described by Compass agent Douglas Lee as a versatile space that could easily be transformed into a modern treehouse perfect for short-term rentals on Airbnb, this 462-square-foot domicile has been the talk of the town in a notoriously challenging real estate market. But it’s not just investors and buyers eager to snap up this charming property. Even those simply curious to see what it looks like on the inside have been clamoring to attend the open houses, with up to 50 groups turning up in a single hour for a glimpse of this unique residence.
The property’s quirky location and palatable price tag are not the only features making it a hot commodity. It also boasts a rooftop patio just outside the front door with nearly the same amount of square footage as the interior of the home, affording plenty of space for entertaining or simply enjoying some fresh air and sunshine.
But, as with any property, there are also some potential drawbacks to consider, such as the fact that the one-bathroom space has been vacant for almost 20 years and is in need of a number of renovations, including mold abatement worth around $3,000. However, for those willing to put in a little bit of work, this quirky dwelling offers a unique opportunity to own a piece of LA real estate history at an affordable price point.
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