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$1,995,000

Beds
12
sq ft
4,119

1239 Gordon St, Los Angeles, CA 90038

1239 Gordon St

Los Angeles, CA 90038

  • <1 day on market
SHORT SALE APPROVED AT LIST PRICE! Opportunity! Discover a lucrative Hollywood property with exceptional potential. Spanning 8,294 square feet, this property features a captivating front house and two spacious rear units, offering 8 bedrooms and 6 modern bathrooms. The main residence boasts a spacious layout with a meticulously designed kitchen. The rear units offer 1-bedroom layouts with stylish bathrooms, fully appointed kitchens, and separate washer and dryer hook-ups. Parking is abundant with 4 covered carport spaces and additional driveway room. Strategically located near major movie studios, premier shopping destinations, and dining establishments, this property promises both investment and owner-user potential. Cosmetic improvements are needed but offer great added value. Don't miss out on this exceptional short-sale opportunity!

Details

Property type

Est. home value

$2,492,314

Lot size

8,297 sq ft

Price per sq ft

$485

Year built

1921

HOA

No

Price History

11/08/2024
CLAW

CLAW #24461931

Listed
$1,995,000
-16.7%
01/24/2024
CLAW

CLAW #23298609

Removed
$2,395,000
01/16/2024
CLAW

CLAW #23298609

Listed
$2,395,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Youland Inc

Loan start date

January 2022

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Commercial, 2 year

Seller

Nuwan Madusanka Illuppitiya Mudeyanselag

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: 11/09/2024 at 8:55 AM

Listing updated: 11/08/2024 at 6:35 PM

Listed by: Melissa Zee, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #24461931

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