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$792,108Estimated home value

Beds
5
Baths
3.0
sq ft
1,221

1501 W 60th Pl, Los Angeles, CA 90047

1501 W 60th Pl

Los Angeles, CA 90047

  • Sold On 11/7/2024
    • Price drop $25,900↓
This timeless beauty is not only modern and elegant, but also charming. Step into a world bathed in natural light with light-toned flooring that flows seamlessly throughout the 3 bed 2 bath front house and carries over to the 2 + 1, fully permitted ADU. The expansive living room provides a gathering spot for relaxing or entertaining guests. Adjacent to this is a sleek, fully equipped kitchen featuring white cabinets, top of the line stainless steel appliances, and newer bathroom fixtures. This home is perfect for all types of buyers, as it provides a myriad of options and/or possibilities.

Details

Property type

Single Family Residence

Est. home value

$792,108

Lot size

3,511 sq ft

Price per sq ft

$655

Year built

1924

HOA

No

Price History

11/07/2024
CLAW

CLAW #24410183

Sold
$790,000
-1.13%
09/28/2024
CLAW

CLAW #24410183

Pending
$799,000
08/25/2024
CLAW

CLAW #24410183

Price change
$799,000
-3.14%

Schools & Community

Neighborhood: 

South Los Angeles

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

$74,975
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$660,105
Cash to seller
$74,975

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

June 2021

Original loan amount

$712,500

Est. remaining balance

$660,105

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Brevan Jay Reyher and Kimberly Marie Gutierrez

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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5303 S Western Ave, Los Angeles, CA 90062

Status: Off Market

Tomo last checked: 11/09/2024 at 8:05 AM

Listing updated: 11/07/2024 at 10:02 PM

Listed by: Philomena Agege, Coldwell Banker Realty Phone #: (310) 802-5700

MLS: CLAW #24410183

CLAW logo

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