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$540,000

Beds
2
Baths
1.0
sq ft
732

162 N Record Ave, Los Angeles, CA 90063

162 N Record Ave

Los Angeles, CA 90063

  • 4 days on market
    • Open house Mar 29
This 2-bedroom, 1-bathroom home situated on an R2 lot is move-in ready with major upgrades completed in recent years, including a new roof and new windows for added durability and energy efficiency. The interior and exterior have also just been painted. The East LA location on a non-through street provides the perfect opportunity for first time buyers or investors. The long driveway also provides plenty of space for parking. Enjoy easy access to multiple freeways, including the 710. Plus, you're just minutes from several parks, perfect for outdoor activities and relaxation. Don't miss this fantastic opportunity to own a turnkey home with valuable upgrades, while leaving future potential to add square footage or additional units (check with local municipality and regulations).

Details

Property type

Single Family Residence

Est. home value

$561,927

Lot size

1,917 sq ft

Price per sq ft

$738

Year built

1922

HOA

No

Price History

03/24/2025
CLAW

CLAW #25515527

Listed
$540,000
+27.06%
03/12/2021
CRMLS

CRMLS #MB21011967

Sold
$425,000

Schools & Community

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

$168,138
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$328,662
Cash to seller
$168,138

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

Seller’s Loan History

Lender

Royal Pacific Funding Corp

Loan start date

March 2021

Original loan amount

$361,250

Est. remaining balance

$328,662

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Johnny Kendal Ayala

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: 03/28/2025 at 4:45 PM

Listing updated: 03/24/2025 at 12:16 PM

Listed by: Jeremy Smith, eXp Realty of California Inc Phone #: (888) 584-9427

MLS: CLAW #25515527

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