The $788,888 price tag on this City Terrace house could easily buy you two other single-family homes in the same neighborhood with thousands of dollars to spare. So, how can the owners of 1600 Steel Avenue in City Terrace- ask for such a lofty price? Apparently that’s the cost of living in a house that will make you “King of the Hill,” according to the Redfin listing. Visible to freeway commuters below, the 20-year-old home looms over a barren hillside directly across the 10 Freeway from Cal State L.A. Inside, the King and or Queen of City Terrace will reign over more than 3,800-square feet of space, two master bedrooms and five bathrooms.
December 15, 2011