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$1,595,000

Beds
3
Baths
3.0
sq ft
2,525

1029 White Knoll Dr, Los Angeles, CA 90012

1029 White Knoll Dr

Los Angeles, CA 90012

  • 25 days on market
Welcome to your new home in prime Echo Park, where modern elegance meets urban festivity! This stunning 3-bedroom, 3.5-bathroom residence, built in 2021, offers comfortable living nestled against the picturesque backdrop of Elysian Park. Step inside and be greeted by an abundance of natural light streaming through the dual-pane picture windows, illuminating the open-concept living space. With tall 10-foot ceilings, the home feels airy and free, creating the perfect ambiance for relaxation and entertainment. The heart of the home lies in the kitchen, boasting sleek quartz countertops, a center island, and edgy stainless steel appliances, including a 5-burner Bertazzoni range. On the second level, you'll find the primary suite complete with a walk-in closet, dual sink vanity, and a roomy shower. Two additional bedroom suites offer comfort and privacy for family members or guests. This home is equipped with CAT-5 wiring, a smart thermostat, and smart door locks for added security and efficiency. Parking is a breeze with a 2-car garage, ensuring that you'll always have a space to come home to. But perhaps the pièce de résistance is the expansive rooftop deck, offering panoramic views of Los Angeles' iconic skyline, as well as the beaming lights of Dodgers Stadium. This home is the perfect spot to unwind with a glass of wine or host gatherings under the city lights. Being in the heart of Echo Park and conveniently close to 110, 101, I-5, and I-10, you'll enjoy easy access to a myriad of entertainment, nightlife, and dining options in DTLA, Chinatown, Olvera Street, Silver Lake, Little Tokyo, Arts District, and much much more. Do not let this opportunity pass you by. 1029 White Knoll is ready to welcome its next resident! *Home is also listed for lease. Furniture are for sale and can be removed.*

Details

Property type

Single Family Residence

Est. home value

$1,483,663

Lot size

1,360 sq ft

Price per sq ft

$632

Year built

2020

Monthly HOA fee

$127.83

Price History

06/04/2024
CRMLS

CRMLS #TR24112967

Listed
$1,595,000
+19.48%
11/29/2021
CLAW

CLAW #21789682

Sold
$1,335,000

Schools & Community

Neighborhood: 

Echo Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Suburban

High school district: 

Los Angeles Unified

Negotiation Insights

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

Seller could get up to

$459,719
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$1,007,681
Cash to seller
$459,719

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sirva Mortgage Inc

Loan start date

November 2021

Original loan amount

$1,068,000

Est. remaining balance

$1,007,681

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Kai Hon Cheung and Bun Hok Taing

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?

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Status: Active

Tomo last checked: 06/29/2024 at 5:00 AM

Listing updated: 06/28/2024 at 3:03 PM

Listed by: Lawrence Chen, A + Realty & Mortgage Phone #: (626) 855-2530

MLS: CRMLS #TR24112967

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