Home of the Week Update

Home of the Week Update
Prices of the remaining units at 1140 Formosa Ave. in West Hollywood range from $588,500 to $678,500. (Lawrence Anderson)
Newly built town houses

Location: 1140 N. Formosa Ave., West Hollywood 90046

Size: The 11 two-bedroom units range in size from 1,294 to 1,540 square feet.

Published on: Dec. 7, 2008

Listed then for: $798,500 to $868,500

Listed now for: $588,500 to $678,500

Sales: Three units sold in May and June: two at $580,000 and one at $581,500.

Listing agents: Lisa Paperno, Deasy/Penner & Partners, (323) 404-7504; and Joshua Gaunya, Deasy/Penner & Partners, (310) 275-1000.

California Mission-style rancho

Location: 32063 Lobo Canyon Road, Agoura 91301

Size: There are three bedrooms, an office and two bathrooms in 2,900 square feet, a 1,200-square-foot detached garage with guest quarters and a swimming pool on 20 acres.

Published on: March 22

Listed then for: $6,575,000

Listed now for: $5.95 million

Price reduction: 9.5%

Listed now with: Andrea Yates, White House Properties,

(310) 456-1776; and Bob Hurwitz, Hurwitz James Co.,

(310) 477-8865.

-- Lauren Beale