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$1,199,000

Beds
2
Baths
3.0
sq ft
1,675

1201 Larrabee St Unit 305, West Hollywood, CA 90069

1201 Larrabee St Unit 305

West Hollywood, CA 90069

  • 251 days on market
Back on the Market! Buyer could not perform. Truly unique & sophisticated 2-story 2BD, 3BA + a large loft modern Penthouse. Located in prime Sunset Strip just steps away from all the best dining & entertainment. Features 2BD, 3BA + a large loft; large open floor plan with 18-ft high ceilings and walls of glass; modern chef's kitchen with top of the line Thermador appliances, osmosis water system, Caesar stone countertops & suspended glass breakfast bar. Designer lighting, and plumbing fixtures. Tons of closet space (including a large walk-in in the Master). Loft has its own closet and a full bathroom with a steam shower (could be used as a 3rd bedroom). 2 large balconies + a huge patio with amazing city NE views, perfect for entertaining. 2 side-by-side parking spaces. HOA dues include EQ insurance, huge common roof-top patio with BBQ and gorgeous views. The building's 1st floor lobby just underwent a major face lift with sandstone floors & stacked pebbles waterfall. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Details

Property type

Condominium

Est. home value

$1,209,468

Property condition

Updated/Remodeled

Lot size

0.4637 acres

Price per sq ft

$716

Year built

1982

Monthly HOA fee

$612

Price History

06/28/2024
CRMLS

CRMLS #SR23196970

Listed
$1,199,000
06/18/2024
CRMLS

CRMLS #SR23196970

Pending
$1,199,000
10/26/2023
CRMLS

CRMLS #SR23196970

Listed
$1,199,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

22

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

$798,150
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$304,930
Cash to seller
$798,150

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

Seller’s Loan History

Lender

Fremont Bank

Loan start date

December 2016

Original loan amount

$525,200

Est. remaining balance

$304,930

Interest rate

2.76%

Loan type

New Conventional, 16 year

Seller

Alex Polyachenko

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: 07/03/2024 at 10:25 AM

Listing updated: 06/27/2024 at 8:53 PM

Listed by: Alexander Yerekhman, Century 21 Hollywood Phone #: (818) 342-3425

MLS: CRMLS #SR23196970

CRMLS logo

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