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$1,550,000

Beds
3
Baths
2.0
sq ft
1,178

11250 Mississippi Ave, Los Angeles, CA 90025

11250 Mississippi Ave

Los Angeles, CA 90025

  • 15 days on market
Newly renovated traditional California bungalow located south of Santa Monica Blvd in one of West Los Angeles' hottest pockets. Ideal for any END USER but also an amazing DEVELOPMENT OPPORTUNITY due to R-3 ZONING! Rich solid hardwood floors line the main living spaces and bedrooms. Spacious family room adorned with charming wood burning fireplace flows seamlessly into the formal dining room, then into the kitchen. The kitchen offers stylish granite countertops, custom cabinetry and updated stainless appliances. Conveniently located laundry room INSIDE with full size side by side washer and dryer. An inviting bedroom layout provides two sizable guest bedrooms that share a recently remodeled hall bathroom. The master rests at the back of the home and offers not only a luxurious en-suite bath with walk-in shower but also offers direct access to the tranquil rear grounds. Detached 2 car garage with brand new garage door and motor, accessible from Beloit Ave, making it ideal for an ADU. The list of upgrades are endless....fully paid off SOLAR SYSTEM, new double pane windows, fresh interior and exterior paint, new Vinyl fencing and sliding gate, new 200 amp electrical panel, remodeled kitchen and bathrooms, solid wood floors, new lighting and ceiling fans in all bedrooms, etc. Located steps away from all the best restaurants Sawtelle has to offer and immediate access to the I-10 & I-405 freeways! INVESTORS - the seller has near RTI plans for a 4 unit building consisting of four 2 bed + 2.5 bath units, each with two parking spaces. All available information/reports for the project are available upon request.

Details

Property type

Single Family Residence

Est. home value

$1,583,651

Lot size

4,238 sq ft

Price per sq ft

$1,316

Year built

1947

HOA

No

Price History

03/13/2025
CRMLS

CRMLS #SR25047062

Listed
$1,550,000
02/01/2025
CLAW

CLAW #24452231

Removed
$1,550,000
01/17/2025
CLAW

CLAW #24452231

Price change
$1,550,000
-6.06%

Schools & Community

Neighborhood: 

Sawtelle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$642,410
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$783,590
Cash to seller
$642,410

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

January 2022

Original loan amount

$840,000

Est. remaining balance

$783,590

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Hesam Fadaifar

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: 03/29/2025 at 3:45 AM

Listing updated: 03/16/2025 at 6:09 PM

Listed by: Shane Nichols, Rodeo Realty Phone #: (818) 999-2030

MLS: CRMLS #SR25047062

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