tomo logo

$1,075,000

Beds
2
Baths
2.0
sq ft
1,052

1550 N Laurel Ave Unit 305, Los Angeles, CA 90046

1550 N Laurel Ave Unit 305

Los Angeles, CA 90046

  • Pending
    • Price drop $24,000↓
Price Improvement! This renovated Mid-Century beauty offers up Palm Springs vibes in a hip and cool West Hollywood area location perched just above the renowned Sunset Strip. Polished to perfection, this stunning top-floor, south-facing corner unit with panoramic city views resides in a beautifully preserved 1960s building with only 15 units, designed by renowned architect Donald G. Park. When you step inside the elegant double doors, you'll discover gorgeous Terrazzo tile floors throughout the bright and spacious open-concept living/dining rooms with large Milgard windows illuminating the entire space. This dazzling 2BR/2BA trophy condo features a knockout kitchen - perfect for entertaining - with Ann Sacks tile, Bosch stainless steel appliances, Caesarstone countertops, and custom cabinetry. Off the kitchen, there's a terrific terrace with spectacular city views. Bright, luxurious bathrooms sport skylights plus high-end finishes including Toto toilets, Kohler sinks, and Hansgrohe and Grohe fixtures and hardware. Convenient stackable Whirlpool laundry closet in unit. Enjoy the perks of a small vintage complex complete with two side-by-side parking spaces and a private sun-drenched pool. A stone's throw to some of the best hotels, shopping, dining and nightlife that our vibrant city has to offer, including Chateau Marmont, The Comedy Store, The Griddle Cafe, Greenblatt's Deli, Horses, The Laugh Factory, Tesse, Tower Bar, and so much more. Prepare to be wowed!

Details

Property type

Condominium

Est. home value

$1,023,890

Lot size

0.2928 acres

Price per sq ft

$1,022

Year built

1962

Monthly HOA fee

$675

Price History

11/15/2024
CLAW

CLAW #24425789

Pending
$1,075,000
10/30/2024
CLAW

CLAW #24425789

Price change
$1,075,000
-2.18%
09/10/2024
CLAW

CLAW #24425789

Listed
$1,099,000

Schools & Community

Neighborhood: 

Hollywood

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

$216,962
Asking price
$1,075,000
Closing costs (~8% of asking)
-$86,000
Est. remaining loan balance
-$772,038
Cash to seller
$216,962

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

February 2022

Original loan amount

$820,000

Est. remaining balance

$772,038

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Amir Peleg and Gadi Inbar

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: Pending/Under Contract

Tomo last checked: 11/19/2024 at 8:20 PM

Listing updated: 11/15/2024 at 9:10 AM

Listed by: John Kostrey, Nourmand & Associates-HW Phone #: (323) 462-6262

MLS: CLAW #24425789

CLAW logo

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