tomo logo

$949,000

Beds
Unknown
sq ft
3,286

1027 E 22nd St, Los Angeles, CA 90011

1027 E 22nd St

Los Angeles, CA 90011

  • 497 days on market
Terrific opportunity for investors in a prime location. 2-story building centrally located in Los Angeles with 5 spacious units and gated ample parking. All units are currently occupied with tremendous upside in rents. Well maintained by current owner and lots of upside potential. This is a great low-maintenance investing opportunity. Property Assessor records show 5 bedrooms/4 baths, however there are 5 bedrooms and 5 baths. 5 total units, each unit 1/1.

Details

Property type

Mixed Use

Lot size

5,998 sq ft

Price per sq ft

$289

Year built

1926

Price History

02/20/2023
CRMLS

CRMLS #CV23029444

Listed
$949,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ameriquest Mortgage Co

Loan start date

April 2004

Original loan amount

$127,700

Est. remaining balance

Not provided

Interest rate

5.41%

Loan type

Stand Alone Refi (Refinance of Original Loan), 20 year

Seller

Ramon Quintero and Rosa Quintero

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:35 AM

Listing updated: 04/07/2024 at 1:40 PM

Listed by: Arthur Aragon, PREMIER CAPITAL INVESTMENTS Phone #: (619) 886-5550

MLS: CRMLS #CV23029444

CRMLS logo

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