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$569,900

Beds
1
Baths
1.0
sq ft
616

1630 E 43rd St, Los Angeles, CA 90011

1630 E 43rd St

Los Angeles, CA 90011

  • 92 days on market
    • Price drop $20,000↓
Welcome to this charming home with versatile living options! Situated on a spacious lot, this property features two separate units, each comprising 1 bedroom, 1 bathroom, and a fully equipped kitchen. With their own private entrances, these units offer privacy and independence, perfect for multi-generational living arrangements or rental income opportunities. The units are currently divided by a small wall, providing the option to maintain separate living spaces or easily combine them into one larger home, offering endless possibilities for customization and expansion. In addition to the main living spaces, the property boasts a detached 2-car garage, presenting the potential for conversion into an Accessory Dwelling Unit (ADU). Transform this space into a guest suite, home office, or rental unit to further maximize the property's value and functionality. Conveniently located 4 miles from downtown LA, this home provides easy access to amenities, schools, parks, and transportation, making it an ideal place to call home. Don't miss this unique opportunity to own a versatile property with the flexibility to adapt to your changing needs and lifestyle. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$591,843

Lot size

2,261 sq ft

Price per sq ft

$926

Year built

1923

Price History

06/01/2024
CRMLS

CRMLS #SR24061201

Listed
$569,900
05/02/2024
CRMLS

CRMLS #SR24061201

Removed
$569,900
04/12/2024
CRMLS

CRMLS #SR24061201

Listed
$569,900

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$134,759
Asking price
$569,900
Closing costs (~8% of asking)
-$45,592
Est. remaining loan balance
-$389,549
Cash to seller
$134,759

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

January 2021

Original loan amount

$422,211

Est. remaining balance

$389,549

Interest rate

2.71%

Loan type

FHA, 30 year

Seller

Katia Garcia and Daysi C Medina Martinez

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 5:00 AM

Listing updated: 06/01/2024 at 6:43 AM

Listed by: Freddy Diego, Boulevard Estate Properties OTB Phone #: (818) 477-6464

MLS: CRMLS #SR24061201

CRMLS logo

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