A home recently listed in the upscale

Northridge neighborhood of Los Angeles is drawing attention—but for all the wrong reasons.

Described as a “dilapidated eyesore,”

this 1956 property is in dire condition and clearly hasn’t seen any maintenance in decades.

Despite the severe disrepair, the home’s asking price is a surprising $475,000.

As the article notes, “one might expect an inspiring, well-maintained home,”

but what potential buyers will find is a “tired old husk” that’s “in a state of complete disrepair.”

The interior is even worse, featuring “disgusting brown stains” and “unidentifiable splotches.”

Still, the house’s location in a high-end neighborhood might attract interest.

However, it’s unlikely anyone would keep the structure as is—most would tear it down and rebuild.

The Price vs. Value

For a property listed at nearly half a million dollars, most buyers would expect a well-maintained or at least livable home. But this house has left many wondering if the prime location is enough to justify the steep asking price. In fact, homes in this area typically sell for around $345,000, making this listing significantly more expensive than other nearby properties.

In a neighborhood where the average household income is $77,000, anyone purchasing this home would face a massive additional investment just to bring the property up to livable standards. For many, the only logical step would be to demolish the house entirely and start from scratch with a new build.

Once a Neighborhood of Stars

What makes this listing even more surprising is the fact that this home sits in a neighborhood once graced by Hollywood stars and athletes. It’s hard to imagine that this dilapidated property once stood alongside glamorous homes in such a prestigious area. Even with its location, it’s tough to picture someone paying $475,000 for a house that’s fallen into such ruin.