tomo logo

$1,189,000

Beds
4
Baths
3.0
sq ft
1,708

1714 S Marvin Ave, Los Angeles, CA 90019

1714 S Marvin Ave

Los Angeles, CA 90019

  • 674 days on market
Unique property with many possibilities. Developers, what can you do with this 6,662 Sq. Ft. LARD-2 Lot? Flippers, what can you do with this 1,708 Sq. Ft., 4 Bedroom 3 Bath home? Buyers, what can you do with this property with a little bit of elbow grease? Previous owner was using this as 3 separate units under 1 roof for his extended family. Some things were done without permits. Can easily be converted back. This will also be a perfect property for the Plumber, Electrician, or Contractor who wants to park a few work vehicles behind the iron gate on the long and wide driveway. 3 Nice Large Storage Sheds in the back offer plenty of extra storage to store tools and materials. Must see in person to imagine all the different possibilities this property has to offer.

Details

Property type

Single Family Residence

Est. home value

$1,319,646

Lot size

6,662 sq ft

Price per sq ft

$697

Year built

1928

Price History

01/12/2024
CLAW

CLAW #22194729

Listed
$1,189,000

Schools & Community

Neighborhood: 

Mid City

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

$844,355
Asking price
$1,189,000
Closing costs (~8% of asking)
-$95,120
Est. remaining loan balance
-$249,525
Cash to seller
$844,355

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2018

Original loan amount

$395,000

Est. remaining balance

$249,525

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Nasser Attallah

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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836 S Bedford St Unit 400, Los Angeles, CA 90035

Status: Active

Tomo last checked: 07/05/2024 at 7:45 PM

Listing updated: 02/16/2024 at 10:14 AM

Listed by: Amerigo Furlan, If Realty Phone #: (310) 836-4663

MLS: CLAW #22194729

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