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$1,690,000

Beds
2
Baths
1.0
sq ft
Unknown

1240 Greenacre Ave, West Hollywood, CA 90046

1240 Greenacre Ave

West Hollywood, CA 90046

  • 24 days on market
Behind tall hedges at the end of a quiet cul-de-sac in West Hollywood, this charming California bungalow sits on a large private and gated lot. The possibilities here are infinite. Live in or lease the adorable two bedroom/one bath bungalow while you imagine what's next. Great opportunity to add on to the current structure and/or build a new single family home (with no F.A.R. requirement minimizing the square footage on this site!) or, for developers, to take advantage of the unique R2 zoning that allows for three units plus three ADUs (Buyer to verify). The bungalow in its current state is a cool hidden oasis, just blocks from restaurants, shopping, coffee shops, five major grocery stores, and the best West Hollywood has to offer. (It has a 92 walk score!) The home oozes with charm and sits at the back of a large grassy yard big enough for a soccer game. The bright living room has hardwood floors and lots of light, and the kitchen has new appliances and opens to a romantic patio. The converted garage was last used as a screening room with movable theater seating, a digital projector, surround sound, and a high quality screen (all included). Plenty of parking, air conditioning, on-site storage, inside laundry, a Ring security system, a motorized gate, and lush landscaping complete this rare offering in one of Los Angeles's most desirable neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$1,546,984

Lot size

6,441 sq ft

Price per sq ft

Unknown

Year built

1941

HOA

No

Price History

02/10/2025
CLAW

CLAW #25496279

Listed
$1,690,000
-3.43%
02/01/2025
CRMLS

CRMLS #OC24130958

Removed
$1,750,000
11/19/2024
CRMLS

CRMLS #OC24130958

Listed
$1,750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$1,120,252
Asking price
$1,690,000
Closing costs (~8% of asking)
-$135,200
Est. remaining loan balance
-$434,548
Cash to seller
$1,120,252

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2013

Original loan amount

$600,000

Est. remaining balance

$434,548

Interest rate

3.52%

Loan type

New Conventional, 30 year

Seller

Andrew Jay Cohen and Crystal Li Cohen

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: 03/06/2025 at 11:20 AM

Listing updated: 03/03/2025 at 1:55 PM

Listed by: Alex Brunkhorst, Compass Phone #: (310) 437-7500

MLS: CLAW #25496279

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