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$769,000

Beds
4
Baths
2.0
sq ft
1,476

1532 W 22nd St, Los Angeles, CA 90007

1532 W 22nd St

Los Angeles, CA 90007

  • 3 days on market
Home Improvement, Paint Won't Do It. This excellent opportunity to purchase this property walking distance to The University of Southern California (USC) is a rare opportunity. The property has approved plans for a 4-bedroom 2-bathroom home single level and a fully approved ADU on the side. Seller demolished the interior and removed all the debris and has secured post and piers no foundation issues, subfloors and interior framing have been completed showing a four-bedroom two full bath home according to approved plans. This property is suitable for a professional contractor or investor with the skills to bring this home back to life. The upside on this property is excellent and investors that work the area know what the resale values are being so close to USC. Now let's go one step further the "SELLER WILL CARRY BACK A FIRST TRUST DEED" up to 18 months what a savings. This means you can close fast and start working on the project immediately and save a ton of money. Don't let these old pictures fool you this is a must see for any professional investor.

Details

Property type

Single Family Residence

Est. home value

$717,049

Property condition

Fixer

Lot size

4,427 sq ft

Price per sq ft

$522

Year built

1903

Price History

09/26/2024
CRMLS

CRMLS #WS24174291

Listed
$769,000
+1.32%
07/26/2024
CRMLS

CRMLS #WS24086958

Removed
$759,000
06/24/2024
CRMLS

CRMLS #WS24086958

Price change
$759,000
-4.89%

Schools & Community

Neighborhood: 

Adams-Normandie

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

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

Kiavi Funding Inc

Loan start date

February 2023

Original loan amount

$539,900

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Building or Construction Loan

Seller

Jab Properties Llc

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: 09/28/2024 at 5:35 PM

Listing updated: 09/27/2024 at 6:31 AM

Listed by: RICHARD TAMAYO, TAMAYO & ASSOC. R.E. Phone #: (888) 490-1444

MLS: CRMLS #WS24174291

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