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$990,000

Beds
2
Baths
1.5
sq ft
1,161

1424 257th St, Harbor City, CA 90710

1424 257th St

Harbor City, CA 90710

  • 217 days on market
Don't miss out on the opportunity to purchase and invest in this LAR3 zoned two-story single family residence is a 2 bed/2 bath property with a bonus room/den/office on the second floor. It is ready for you to call home, remodel, and/or expand. The living space is approximately 1,162 square feet, but the total building square feet is closer to 1,600 square feet. This lot over 7,400 square feet and is one of the few remaining LAR3 zoned properties in the heart of Harbor City ready to be developed to its full potential. Zone R-3 allows for multiple residences permitting apartment houses and uses permitted in Zone R-1 and R-2. Buyer to check and confirm with the city for all information, including permitted uses and approval regulations.

Details

Property type

Single Family Residence

Est. home value

$990,849

Lot size

7,465 sq ft

Price per sq ft

$853

Year built

1950

Price History

04/02/2024
CRMLS

CRMLS #OC24065072

Listed
$990,000
04/01/2024
CRMLS

CRMLS #SB23145491

Removed
$990,000
08/05/2023
CRMLS

CRMLS #SB23145491

Listed
$990,000

Schools & Community

Neighborhood: 

Harbor City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

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

$441,897
Asking price
$990,000
Closing costs (~8% of asking)
-$79,200
Est. remaining loan balance
-$468,903
Cash to seller
$441,897

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

Seller’s Loan History

Lender

General Mortgage Capital Corp

Loan start date

November 2021

Original loan amount

$500,000

Est. remaining balance

$468,903

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Anna Chang Tan

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: 11/05/2024 at 5:45 AM

Listing updated: 09/30/2024 at 9:12 AM

Listed by: Alexander Huang, First Realty Tree Phone #: (714) 829-6963

MLS: CRMLS #OC24065072

CRMLS logo

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