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$2,395,000

Beds
4
Baths
4.0
sq ft
1,889

10628 Ayres Ave, Los Angeles, CA 90064

10628 Ayres Ave

Los Angeles, CA 90064

  • 64 days on market
    • Price drop $80,000↓
Looking for a move-in ready and VACANT duplex nestled in the incredibly walkable neighborhood of Rancho Park? Well look no further. Impeccably maintained with excellent style and function, this is a perfect opportunity for a savvy buyer looking to live in one unit and rent the other to offset their mortgage. Or perhaps live in one and use the other for a home office or in-law suite. The possibilities are endless. Gated, fenced and private. Front unit is a light and bright 2 bed/2 bath with chef's kitchen, original hardwood floors and large private front patio perfect for entertaining. Rear unit, also two beds and baths, has an open floorpan, updated kitchen with Wolf Range and original hardwoods . The backyard features a show-shopping Eucalyptus tree and abundant space for dining and play. The one-car garage was recently converted to an office/gym flex space. Option to add on and you have yourself a beautiful ADU for additional rental income. The property also includes 2-car parking in front that can be used for either unit. Both units have their own washer/dryer hook-ups, newer tankless water heaters and HVAC systems. Plus...a 10-minute walk to Overland Elementary!

Details

Property type

Single Family Residence

Est. home value

$2,505,434

Property condition

Updated/Remodeled

Lot size

6,002 sq ft

Price per sq ft

$1,268

Year built

1948

HOA

No

Price History

10/04/2024
CLAW

CLAW #24434403

Price change
$2,395,000
-3.23%
09/02/2024
CLAW

CLAW #24434403

Listed
$2,475,000
+5.32%
01/10/2022
CLAW

CLAW #21795906

Sold
$2,350,000
+80.08%

Schools & Community

Neighborhood: 

Cheviot Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$583,641
Asking price
$2,395,000
Closing costs (~8% of asking)
-$191,600
Est. remaining loan balance
-$1,619,759
Cash to seller
$583,641

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2021

Original loan amount

$1,725,000

Est. remaining balance

$1,619,759

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Christopher Sharpe and Hillah Johnson

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: 11/05/2024 at 5:50 AM

Listing updated: 10/22/2024 at 9:25 AM

Listed by: Timothy Braun, Compass Phone #: (310) 437-7500

MLS: CLAW #24434403

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