tomo logo

$699,000

Beds
4
Baths
2.75
sq ft
1,639

1301 W 90th St, Los Angeles, CA 90044

1301 W 90th St

Los Angeles, CA 90044

  • 40 days on market
    • Price drop $50,000↓
A unique opportunity to own a single family starter home as an investment, then later turn it into a multifamily when funds allow since the property sits on a large multifamily lot. This property has recently be refreshed for turnkey living with new kitchen & bath cabinets, new counter tops, new paint, and new flooring. Open floor plan with new appliances. Situated in unincorporated area of LA County, the property has no rent control and is short-term rental friendly. It is 3 miles from SoFi stadium and 5 miles from USC (for short-term rental), and minutes from Downtown LA and major freeways. A solid investment with the Olympics coming to LA in 2026. Offered at a significant discount with lots of upsides and multiple strategies for seasoned investors.

Details

Property type

Single Family Residence

Est. home value

$677,067

Lot size

6,077 sq ft

Price per sq ft

$427

Year built

1929

Price History

08/28/2024
CRMLS

CRMLS #PW24157879

Price change
$699,000
-6.68%
08/10/2024
CRMLS

CRMLS #PW24157879

Listed
$749,000
+10.96%
05/17/2024
CRMLS

CRMLS #PW24053854

Removed
$675,000

Schools & Community

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

Dominion Financial Services Llc

Loan start date

April 2022

Original loan amount

$490,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial, 1 year

Seller

Nam Sanh Family Holdings Llc

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: 09/19/2024 at 3:30 PM

Listing updated: 08/28/2024 at 2:35 PM

Listed by: Tri Doan, Morningstar Rlty & Associates Phone #: (949) 253-4123

MLS: CRMLS #PW24157879

CRMLS logo

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