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Have a look at this week's cheapest sold condo in Los Angeles!

Here is the cheapest condo sold this week in LA.

Asking price: $299,000

Selling price: $290,000

This 2nd-floor studio has 0 bed/1 bath, and 450 sq. ft. of living space.

The unit has a murphy bed, kitchen, breakfast area, and full bathroom.

The building amenities include a rec room, laundry room, and gym.

Do you think a studio condo is a good investment?

15% of home sellers have cut their prices in April

This is down from 9% last year, signaling a cooling in the real estate market. Do you think it will be 25% by the end of June?