Why hasn't this Valley Village home sold yet? Is it the price, condition, or location?

This home has been on the market longer than any other home in Valley Village.

Original asking price: $6,498,000

Current asking price: $6,998,000

The gated 2-story home has 7 bed/5 bath, 7,500 sq. ft. of living space, and is on a 24,628 sq. ft. lot.

Maybe we can convince them to drop the price! Text me if you want a tour at 818-445-7953.