tomo logo

$1,849,000

Beds
7
Baths
2.5
sq ft
2,755

1717 Crenshaw Blvd, Los Angeles, CA 90019

1717 Crenshaw Blvd

Los Angeles, CA 90019

  • 266 days on market
Amazing investment with 9.5% Cap. Welcome to this charming short-term rental property, perfect for investors or those seeking a lucrative income opportunity. This beautifully maintained property features 13bedrooms and 8 bathrooms , close to 10FWY and Koreatown, USC, DTLA. making it an ideal choice for short-term stays. Whether you're looking to expand your rental portfolio or simply want to capitalize on the booming short-term rental market, this property offers both convenience and potential for high returns. Don't miss out on this excellent investment opportunity and schedule a viewing today!

Details

Property type

Single Family Residence

Est. home value

$968,560

Lot size

7,473 sq ft

Price per sq ft

$672

Year built

1909

HOA

No

Price History

03/26/2024
CLAW

CLAW #24372911

Listed
$1,849,000
-15.95%
02/13/2024
CRMLS

CRMLS #PW23213993

Removed
$2,200,000
11/20/2023
CRMLS

CRMLS #PW23213993

Listed
$2,200,000

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

Jimmy B Ko

Loan start date

December 2022

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.94%

Loan type

Commercial

Seller

Kyo Soon Lee and Yea Hyang Lee

Lender

Dba Excelerate Capital

Loan start date

July 2016

Original loan amount

$633,500

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Kyo Soon Lee and Yea Hyang Lee

Lender

Wmc Mortgage Corp

Loan start date

January 2004

Original loan amount

$391,500

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Not Provided, 30 year

Seller

Yea Hyang Lee

Lender

Washington Mutual Bank Fa

Loan start date

December 2000

Original loan amount

$231,000

Est. remaining balance

Not provided

Interest rate

9.43%

Loan type

Not Provided, 30 year

Seller

Yea Hyang Lee

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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1721 Crenshaw Blvd, Los Angeles, CA 90019

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1023 S Wilton Pl, Los Angeles, CA 90019

Status: Active

Tomo last checked: 12/18/2024 at 7:55 AM

Listing updated: 12/05/2024 at 2:37 PM

Listed by: Hye Kyung Hwang, Redpoint Realty Phone #: (213) 380-1500

MLS: CLAW #24372911

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