tomo logo

$1,599,000

Beds
5
Baths
3.0
sq ft
1,571

1301 Seward St, Los Angeles, CA 90028

1301 Seward St

Los Angeles, CA 90028

  • 76 days on market
    • Price drop $51,000↓
Own a spectacular turnkey Duplex in the heart of Hollywood, surrounded by iconic destinations such as NETFLIX Studios, RAOs, Superba, Mother Wolf, and Equinox luxury gym. The elegant Spanish-colonial architecture blends seamlessly with the neighborhood's character while the interior of each unit has been modernized. The front residence features 3 bedrooms + 1 bath, recently redone kitchen, relaxing fireplace, and convenient laundry room. The second home has 2 bedrooms + 2 baths, its own address, dedicated parking, and is separately meted for utilities Whether you're looking to live in one unit and rent out the other, capitalize on a work-from-home lifestyle, or invest in a property zoned LAR3 poised for potential future building opportunities, this duplex caters to a variety of needs. Enjoy the convenience of modern living while being situated in a highly desirable area with easy access to major freeways, Downtown LA, and East and West Hollywood.

Details

Property type

Single Family Residence

Est. home value

$1,453,295

Lot size

4,090 sq ft

Price per sq ft

$1,018

Year built

1921

HOA

No

Price History

10/16/2024
CLAW

CLAW #24436381

Price change
$1,599,000
-3.09%
10/02/2024
CLAW

CLAW #24436381

Price change
$1,650,000
-2.88%
09/05/2024
CLAW

CLAW #24436381

Listed
$1,699,000
-5.61%

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$940,271
Asking price
$1,599,000
Closing costs (~8% of asking)
-$127,920
Est. remaining loan balance
-$530,809
Cash to seller
$940,271

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2015

Original loan amount

$656,250

Est. remaining balance

$530,809

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Kay Chai Khoo and Terry Jon Laug

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: 11/22/2024 at 2:00 AM

Listing updated: 11/15/2024 at 11:20 AM

Listed by: Danny Azad, Compass Phone #: (310) 652-6285

MLS: CLAW #24436381

CLAW logo

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