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$1,197,000

Beds
3
sq ft
1,628

1618 S Burnside Ave, Los Angeles, CA 90019

1618 S Burnside Ave

Los Angeles, CA 90019

  • 178 days on market
    • Price drop $53,000↓
** INTEREST IS GOING DOWN, IT'S THE PERFECT TIME TO PURCHASE YOUR DREAM HOME ** GREAT UP & COMING AREA!! Zoned RD1.5 for future larger development. Subject property is 2 houses on one lot. Front house is a 2 bed + 2 bath and the rear house is a 1 bed + 1 bath. Both units are tenant occupied and will not be delivered vacant. Separately metered for gas & electricity. Please do NOT disturb tenants or walk onto property. Units can be viewed after accepted offer. Property being sold in its present AS IS condition.

Details

Property type

Est. home value

$1,251,332

Lot size

6,002 sq ft

Price per sq ft

$736

Year built

1926

HOA

No

Price History

05/01/2024
CLAW

CLAW #24373092

Price change
$1,197,000
-4.24%
03/26/2024
CLAW

CLAW #24373092

Listed
$1,250,000
+24.94%
07/27/2022
CLAW

CLAW #22156115

Sold
$1,000,500

Schools & Community

Neighborhood: 

Mid City

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

Brian S Kang

Loan start date

March 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Commercial

Seller

Mkchlee Inc

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 3:50 AM

Listing updated: 09/17/2024 at 3:29 PM

Listed by: Max Lee, Real Broker Phone #: (619) 663-8680

MLS: CLAW #24373092

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