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On the Down Low: Five Cheapest Recent Sales (Condos, Doh!)

Here's what folks got recently, condo-wise.

We've already shared the and the , so it's time to take a look at the five cheapest recent residential real estate transactions on Realtor.com.

Here are the Brentwood 90049 sales stats, ranked "low-to-high" as the search robots put it, and mappped to generate ganzfeld gazes of both the gestalt and zeitgeist.

  • 622 S. Barrington Ave., a one-bedroom, one-bath 760-square-foot condo went for $305,000. That's $401 per square foot (I just calculated this.)
  • 11645 Montana Ave., another one-bedroom, one-bath condo (944 square feet) garnered $330,000. for $349/square foot.
  • 809 S Bundy Dr. sold for $357,000.  It's another 1 + 1 with 1054 square feet. $338/sq. ft.
  • Ditto: 11836 Mayfield Ave. 1+ 1 with 733 square feet went for $360,000. That's $491/sq. ft.

So what's so special about that Mayfield unit? 

Not so much apparently. 

If you click through to the listing, the estimated value of this condo has dropped to $330, 127.  (How an estimate manages to have six-figure accuracy is another question.)

A new price per square foot calculation gets us $450, which is still the highest but not crazy high.

What's the magic? Was it a  nicer building? Better amenities? HOA with a clue? Buyer in a hurry with cash to burn? Easy terms?

Let us know if you know.

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