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$1,107,021Estimated home value

Beds
2
Baths
1.0
sq ft
822

1484 Scott Ave, Los Angeles, CA 90026

1484 Scott Ave

Los Angeles, CA 90026

  • Off market
BACK ON THE MARKET - Through no fault of the sellers or the property. Inside this meticulously renovated Echo Park Spanish bungalow, designed by Design Assembly and Or.Ca Living, you will discover a peaceful space filled with natural light, which complements the soft, clean lines of the home. The tranquil bedrooms boast a spacious walk-through closet. The elegant bathroom features hand-troweled plaster walls and a skylight illuminating the tub and shower. In the heart of the home, the upgraded kitchen features an Aga stove, Fisher/Paykel appliances, bespoke cabinetry, marble countertops, and a breakfast nook with french doors leading to the lush landscaping. Outside, Santa Barbara Stucco, Bokara cobblestones, and terracotta brick create a picturesque backdrop for the native plants seen throughout the property culminating in a private oasis that includes an outdoor shower. An inviting outdoor lounge and dining area is the perfect place to entertain. Additionally, a separate studio is ideal for an office, guest room or gym. This stunning renovation, seamlessly blending organic and vintage materials, has garnered attention from esteemed publications such as Domino and Dwell, and the location is nothing short of ideal. You are only minutes away from the trails of Elysian Park and neighborhood favorites including Canyon Coffee, Bacetti, Quarter Sheets Pizza, Cookbook Market, and more.

Details

Property type

Single Family Residence

Est. home value

$1,107,021

Lot size

2,224 sq ft

Price per sq ft

$1,581

Year built

1922

HOA

No

Price History

06/28/2024
CLAW

CLAW #24382711

Removed
$1,299,000
05/25/2024
CLAW

CLAW #24382711

Price change
$1,299,000
+6.04%
05/25/2024
CLAW

CLAW #24382711

Listed
$1,225,000

Schools & Community

Neighborhood: 

Echo Park

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

$119,959
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$1,075,121
Cash to seller
$119,959

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2023

Original loan amount

$1,089,000

Est. remaining balance

$1,075,121

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Eric Watkins and Esther Rhie

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: Off Market

Tomo last checked: 06/29/2024 at 4:10 AM

Listing updated: 06/07/2024 at 5:04 PM

Listed by: Molly Kelley, Compass Phone #: (323) 593-6999

MLS: CLAW #24382711

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