The asking price is $350,000, for 2 bedrooms, one bath and just 765 square feet — about the size of a hotel suite.
Depending on the down payment, a 30-year mortgage for that home, if it sold at the $350,000 asking price, would be likely to run about $2,100 a month, not including property taxes and insurance.
Tran said the house is currently under contract and spent just 10 days on the market before four all-cash offers rolled in. While Tran wouldn’t disclose the selling price because the transaction hasn’t closed, he said the seller is “very happy” with the price.
Tran said he didn’t know what the buyer’s plans are — whether the property will be razed and rebuilt to match the stucco homes in the neighborhood or rehabbed.