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$895,000

Beds
5
Baths
2.0
sq ft
2,085

1365 Helen Dr, Los Angeles, CA 90063

1365 Helen Dr

Los Angeles, CA 90063

  • 66 days on market
    • Price drop $55,000↓
Breathtaking Spanish Duplex in City Terrace – Just Minutes from DTLA Discover this beautifully updated Spanish-style home in the charming City Terrace neighborhood, offering the perfect blend of character, modern living, and investment potential. This spacious property features 5 bedrooms and 2 bathrooms, spread across a little over 2,085 square feet, and includes a two-car garage & paid off solar panneles. Currently vacant and set up as a duplex, this home is ideal for a variety of living arrangements. Flexible Living Spaces The upper level boasts a bright and airy 3-bedroom, 1-bathroom apartment with stunning views of Los Angeles, the Hollywood Sign, and Griffith Observatory. Downstairs, you’ll find a comfortable 2-bedroom, 1-bathroom apartment—perfect for renters, extended family, or a guest suite. Outdoor Oasis Step outside to enjoy a private backyard filled with lush greenery and fruit trees, offering a serene escape with plenty of space for entertaining or relaxation. Prime Location Perched high in the sought-after City Terrace area, this home is just under 10 minutes from Downtown Los Angeles. It’s conveniently located near Cal State LA, USC Keck, major freeways, South Pasadena, and Hollywood, making it an ideal choice for commuters. Don’t Miss This Opportunity Homes in this neighborhood are selling quickly and often above asking price. Whether you’re looking for a home to live in, an investment property, or a space for extended family, this Spanish duplex offers endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$889,141

Lot size

4,366 sq ft

Price per sq ft

$430

Year built

1958

Price History

10/08/2024
CRMLS

CRMLS #GD24170378

Price change
$895,000
-5.79%
10/08/2024
CRMLS

CRMLS #GD24170378

Removed
$950,000
08/16/2024
CRMLS

CRMLS #GD24170378

Listed
$950,000
+38.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

$367,039
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$456,361
Cash to seller
$367,039

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

Seller’s Loan History

Lender

Quontic Bank Fsb

Loan start date

October 2021

Original loan amount

$487,500

Est. remaining balance

$456,361

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Rosalba Martinez

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: 10/20/2024 at 8:30 PM

Listing updated: 10/20/2024 at 5:55 PM

Listed by: David De Anda, Las Casas Realty, Inc. Phone #: (323) 254-2206

MLS: CRMLS #GD24170378

CRMLS logo

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