tomo logo

$649,999

Beds
6
sq ft
2,389

1503 E 109th St, Los Angeles, CA 90059

1503 E 109th St

Los Angeles, CA 90059

  • 723 days on market
2 houses on a large lot. Great opportunity for expansion. Both units are occupied. Needs TLC. Drive by. Cash Offers ONLY ***Agents please see private remarks *** Email all questions.*** No court confirmation. Buyer must purchase the property occupied. The occupants do not pay rent. *** The occupants DON'T own the property or have authority to sale ***

Details

Property type

Est. home value

$783,990

Lot size

9,563 sq ft

Price per sq ft

$273

Year built

1945

HOA

No

Price History

10/24/2023
CLAW

CLAW #22203373

Listed
$649,999

Schools & Community

Neighborhood: 

Watts

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

Sun West Mortgage Company Inc

Loan start date

October 2008

Original loan amount

$350,175

Est. remaining balance

$243,885

Interest rate

6.35%

Loan type

FHA, 30 year

Seller

Charles T Norris and Dorris M Mills Norris

Lender

Excel Mtg Inc

Loan start date

July 1995

Original loan amount

$149,350

Est. remaining balance

Not provided

Interest rate

7.51%

Loan type

Assumption, 30 year

Seller

Charles T Norris and Dorris M Mills Norris

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: 09/21/2024 at 8:35 AM

Listing updated: 09/18/2024 at 5:29 PM

Listed by: Triana Warren, Bankers Realty Exclusive, Inc. Phone #: (800) 421-9323

MLS: CLAW #22203373

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