published on May 25, 2018 - 12:51 PM
Written by Associated Press

(AP) — A 595-square-foot (55-square meter) Southern California cottage with one bedroom and one bathroom is on the market for just under $1 million.

The Orange County Register reports the price of the tiny abode in tony Laguna Beach dropped to $998,900 this month after being listed for as much as $1.149 million last year.

The Lombardy Lane lodging was built in 1941 and is about five blocks from the Pacific Ocean.

Listing agent Gary Boisen of Surterre Properties tells the newspaper it has been in the same family for nearly 50 years.

He says most buyers would probably modernize it to a degree but even if the city allowed it to be torn down it probably couldn’t be rebuilt with the current footprint due to many code changes.


e-Newsletter Signup

Our weekly poll

Should California ban all forms of advertising for legal cannabis?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY