tomo logo

$2,295,000

Beds
3
Baths
3.0
sq ft
2,301

11606 Otsego St, North Hollywood, CA 91601

11606 Otsego St

Valley Village, CA 91601

  • 52 days on market
    • Price drop $100,000↓
This breathtaking contemporary home, designed by renowned architect Rob Diaz, is a true masterpiece of modern luxury, located in the highly sought-after Colfax Charter School district in Valley Village. The chef's kitchen is a dream for entertainers, featuring exquisite Calcutta marble countertops, Wolf and Sub-Zero appliances, and custom oak cabinets. Adjacent to the kitchen, the custom dining space is elegantly encased in natural oak, creating a warm and inviting atmosphere. The living area opens seamlessly to the backyard through a Fleetwood slider, revealing a private outdoor oasis complete with a stunning pool, spa, and a fully finished garage with carriage doors. Additionally, an oversized shed provides ample storage space. Inside, the home offers 3 spacious bedrooms and 3 spa-like bathrooms, all showcasing luxury finishes like Kast English sinks, Watermark brass plumbing, and stunning Cle tile. Other home features include, home automation w/ surveillance cameras, matured drought-tolerant landscaping, Euroline steel doors, Lincoln windows and much more.This impeccably designed home is move-in ready and promises a lifestyle of comfort, sophistication, and style. Don't miss your chance to experience this architectural gem—schedule a private tour today!

Details

Property type

Single Family Residence

Est. home value

$2,362,396

Property condition

Updated/Remodeled

Lot size

7,329 sq ft

Price per sq ft

$998

Year built

1947

HOA

No

Price History

10/29/2024
CRMLS

CRMLS #GD24198271

Price change
$2,295,000
-4.18%
10/16/2024
CRMLS

CRMLS #GD24198271

Price change
$2,395,000
-4.2%
09/24/2024
CRMLS

CRMLS #GD24198271

Listed
$2,500,000
+3.73%

Schools & Community

Neighborhood: 

Valley Village

Elementary school: 

Colfax

Middle school: 

Unknown

High school: 

Unknown

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

$222,571
Asking price
$2,295,000
Closing costs (~8% of asking)
-$183,600
Est. remaining loan balance
-$1,888,829
Cash to seller
$222,571

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

Seller’s Loan History

Lender

Mortgage 2000 Inc

Loan start date

March 2023

Original loan amount

$1,928,000

Est. remaining balance

$1,888,829

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Brett Nelson

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: 11/14/2024 at 11:05 PM

Listing updated: 11/10/2024 at 5:10 PM

Listed by: Artin Hovsepian, The Agency - Studio City Phone #: (747) 977-3250

MLS: CRMLS #GD24198271

CRMLS logo

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