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$11,500,000

Beds
5
Baths
7.0
sq ft
12,049

1615 Blue Jay Way, Los Angeles, CA 90069

1615 Blue Jay Way

Los Angeles, CA 90069

  • 48 days on market
Presenting a rare opportunity to acquire a contemporary home, originally completed in 2020, now ready for a buyer with the vision to complete its final transformation. While the property has experienced waterproofing deficiencies, these have been fully inspected and identified, with remediation still required. This allows the buyer the flexibility to address the issues and bring the home to its full potential. Set in a desirable location, this property provides a fantastic opportunity to tailor the home's design and finishes to your exact preferences, whether for personal use or as an investment. Now under receivership, this home represents a remarkable chance to create significant value, making it an ideal project for developers, investors, or buyers looking to create their dream residence.

Details

Property type

Single Family Residence

Est. home value

$11,601,924

Lot size

0.5793 acres

Price per sq ft

$955

Year built

2020

HOA

No

Price History

11/07/2024
CLAW

CLAW #24461387

Listed
$11,500,000
-39.47%
08/01/2024
CLAW

CLAW #22208277

Removed
$18,999,000
01/15/2024
CLAW

CLAW #22208277

Listed
$18,999,000

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Goldman Sachs Bank Usa

Loan start date

April 2021

Original loan amount

$12,500,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Building or Construction Loan

Seller

1615 Blue Jay Owners 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: 12/25/2024 at 11:45 AM

Listing updated: 12/05/2024 at 2:50 AM

Listed by: Jonathan Nash, Carolwood Estates Phone #: (310) 623-3600

MLS: CLAW #24461387

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