tomo logo

$595,000

Beds
1
Baths
1.0
sq ft
1,030

1111 S Grand Ave Unit 405, Los Angeles, CA 90015

1111 S Grand Ave Unit 405

Los Angeles, CA 90015

  • 66 days on market
    • Price drop $25,000↓
STUNNING, PRIME LOCATION LOFT at the very popular Elleven Building in Los Angeles. Not only do you have lovely double doors leading to the courtyard, but you have great walkability with Starbucks, Whole Foods, Pine and Crane and Bottega Louie as some of the popular nearby spots. For this particular loft, highlights are of course the sought after direct courtyard-access location, updated flooring and lovely and large open concept flow. Upon exiting your doors to the patio area you have privacy but yet you will have easy access to a lovely park-like atmosphere with outdoor fireplace, BBQ grills, swimming pool and more. Other building amenities are a 24 hour concierge, gated parking and security. A wonderful city lifestyle for a fantastic price. This is a 1 bedroom loft on title but the bedroom is open concept. This property is only 2.5 miles to USC and 0.3 miles to LA Live. Furniture staging is virtual. Make your appointment today.

Details

Property type

Condominium

Est. home value

$586,682

Lot size

0.892 acres

Price per sq ft

$578

Year built

2005

Monthly HOA fee

$900

Price History

11/13/2024
CLAW

CLAW #24440267

Listed
$595,000
11/13/2024
CLAW

CLAW #24440267

Removed
$595,000
10/08/2024
CLAW

CLAW #24440267

Price change
$595,000
-4.03%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$360,723
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$186,677
Cash to seller
$360,723

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

Seller’s Loan History

Lender

Imc Mortgage Corp

Loan start date

December 2020

Original loan amount

$218,300

Est. remaining balance

$186,677

Interest rate

2.8%

Loan type

New Conventional, 21 year

Seller

Abel Aguilar and Lorraina Aguilar

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: 11/22/2024 at 1:00 AM

Listing updated: 11/13/2024 at 12:50 PM

Listed by: Yvonne Neustadter, The Property Lab, Inc. Phone #: (310) 248-0047

MLS: CLAW #24440267

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