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$1,250,000

Beds
6
sq ft
3,943

145 N Toluca St, Los Angeles, CA 90026

145 N Toluca St

Los Angeles, CA 90026

  • 40 days on market
Investor's Dream: Prime RTI Opportunity Across from Park with Downtown LA Views! This rare RTI (Ready to Issue) property is the investment opportunity you've been waiting for! Situated in a high-demand rental area, this single-family home has approved plans to transform into a lucrative three-unit building. Thoughtfully designed with modern, open floor plans and high-end finishes, this shovel-ready project allows you to break ground immediately after close of escrow no delays, just profit potential! Prime Location: Set across from a lush park with unobstructed views of Downtown Los Angeles, this property offers future tenants a slice of urban paradise, right in the heart of the city. With easy access to LA's best dining, shopping, and cultural hotspots, this location promises high occupancy and premium rental rates. Key Features: RTI Approved: All permits ready, saving you time and money. Three-Unit Conversion: Transform a single-family property into a high-yield, multi-family building. Exceptional Design: Beautiful layouts that appeal to tenants seeking style and functionality. Spectacular Views: Park-front location with stunning vistas of Downtown LA. High Rental Demand: Prime spot for long-term returns in a highly desirable area. This is a turnkey investment opportunity where location, design, and timing come together perfectly. Don't miss out secure this property and start construction without delay. Calling all savvy investors: Contact us today to discuss how this can be the next stellar addition to your portfolio!

Details

Property type

Est. home value

$518,842

Lot size

3,661 sq ft

Price per sq ft

$318

Year built

1910

HOA

No

Price History

11/12/2024
CLAW

CLAW #24462509

Listed
$1,250,000
+284.62%
08/21/2023
CLAW

CLAW #23279835

Sold
$325,000

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Loan Funder Llc

Loan start date

July 2023

Original loan amount

$748,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Commercial

Seller

Liberation Inc

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: 12/23/2024 at 3:50 AM

Listing updated: 12/05/2024 at 2:45 AM

Listed by: Cristina Dam, Keller Williams Realty Los Feliz Phone #: (323) 300-1000

MLS: CLAW #24462509

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