tomo logo

$2,900,000

Beds
16
sq ft
7,205

12420 Greene Ave, Los Angeles, CA 90066

12420 Greene Ave

Los Angeles, CA 90066

  • 353 days on market
    • Price drop $1,099,999↓
Perfect opportunity to own a Del Rey multi-unit building with huge upside potential. 12 apartments (9 units / 3 guest units) completely occupied with lots of parking close to LAX, Westside Beaches, Loyola Marymount University, Playa Vista, Santa Monica and Marina del Rey neighborhoods.

Details

Property type

Est. home value

$2,299,873

Property condition

Fixer

Lot size

9,599 sq ft

Price per sq ft

$403

Year built

1959

HOA

No

Price History

05/28/2024
CLAW

CLAW #23315866

Price change
$2,900,000
-27.5%
10/11/2023
CLAW

CLAW #23315866

Listed
$3,999,999
+84.25%
01/20/2022
CLAW

CLAW #21688038

Sold
$2,171,000

Schools & Community

Neighborhood: 

Del Rey

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

1St Fed Bank

Loan start date

December 1993

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

7.11%

Loan type

Seller take-back, 30 year

Seller

Edward S Alvarez

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: 09/21/2024 at 7:50 AM

Listing updated: 08/13/2024 at 12:44 PM

Listed by: Justin Pace, Exclusive Realty Inc Phone #: (424) 248-0224

MLS: CLAW #23315866

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