Richard Jannone put this three-bedroom home on the market one afternoon, and it sold the very next day for the full $1.25 million asking price. The real estate market in certain parts of L.A. is that hot.
Jannone's house (shown bottom right) is located on what is generally acknowledged as one of the most beautiful streets in the San Fernando Valley. This was also a major selling point.
By Lisa Johnson Mandell
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