La Jolla Razor House Sale

Last week we saw on the Million Dollar Listing LA show two local Los Angeles agents take a listing for the famous Razor house here in La Jolla.  The Razor house is very well known for it's unique Contemporary architecture that overlooks the ocean in the upscale La Jolla Farms neighborhood.  The home had been on and off the market without resulting in a successful show.  For example, it was listed in August of 2018 for $30,000,000 by another real estate agency and went off the market after 255 days.  The Million Dollar listing shows Josh Altman and Josh Flagg pitching the home to be listed at $25 million dollars.  

The home was listed for $24,995,000 and sold after being on the market for 62 days for $20,800,000 where Josh Altman represented the buyer.  Pretty impressive when you think all of this occurred in 2019 when the show didn't even air until June 2020.  The home was listed on June 25th, 2019 and was changed to pending status on August 26th, 2019 according to our MLS sources.  It ended up closing escrow on 8/27/2019 for $20,800,000 according to our multiple listing service. One of the things the show tried to showcase is that agents that have a larger worldwide reach are able to sell these unique homes when local agents are not able to do it.  The Razor house is a very unique property and would take the right kind of buyer to purchase a property like this.  It's truly an architectural masterpiece that has wonderful ocean views with walls of glass and concrete.  Congratulations to Josh Altman for getting this amazing home sold!