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$625,000

Beds
2
Baths
1.0
sq ft
614

1618 Isabel St, Los Angeles, CA 90065

1618 Isabel St

Los Angeles, CA 90065

  • 79 days on market
    • Price drop $25,000↓
$25,000 PRICE CUT!!! Best starter home on the market! This cozy 2 bedroom 1 bathroom home makes great use of space whether you're a first-time home buyer, retired, or looking for an affordable investment property. Located in Mount Washington with easy access to the 110 freeway. It's set just 10 minutes away from Downtown LA, South Pasadena, Highland Park, and Silverlake! As you enter the private gate, you're greeted by the intimate patio area, ready for happy hour cocktails. Enjoy a remodeled open-concept kitchen- living space, elevated vinyl wood flooring with ductless mini split AC. Save money on top-of-the-line Bespoke Samsung appliances! The updated kitchen has everything you need including a dishwasher, refrigerator, Samsung microwave, and oven. To the left of the kitchen is the converted garage BONUS room including French doors bringing in lots of natural light. The primary bedroom includes a walk-in closet, complete with a stackable washer and dryer, and leads to the remodeled bathroom. Rio de Los Angeles State Park and local cafes and restaurants such as King Taco, Loquat Coffee, and La Abeja Restaurant are a short walk away. Make the smart investment choice and snag this deal before it's too late!

Details

Property type

Single Family Residence

Est. home value

$686,616

Lot size

1,055 sq ft

Price per sq ft

$1,018

Year built

1921

Price History

04/30/2024
CRMLS

CRMLS #AR24070694

Price change
$625,000
-3.85%
04/11/2024
CRMLS

CRMLS #AR24070694

Listed
$650,000
+13.04%
09/07/2021
CLAW

CLAW #21750510

Sold
$575,000

Schools & Community

Neighborhood: 

Cypress Park

Elementary school: 

Mt Washington

Middle school: 

Unknown

High school: 

Abraham Lincoln

Community features: 

Curbs, Park, Sidewalks

High school district: 

Los Angeles Unified

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

$34,545
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$540,455
Cash to seller
$34,545

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2021

Original loan amount

$575,000

Est. remaining balance

$540,455

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Dylan Park Pettiford and Hannah R Land

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: Active

Tomo last checked: 06/29/2024 at 7:35 AM

Listing updated: 05/14/2024 at 5:40 AM

Listed by: Brianna Galvan, Moon Realty Phone #: (626) 787-1299

MLS: CRMLS #AR24070694

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