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$1,350,000

Beds
4
sq ft
3,236

1749 West Blvd, Los Angeles, CA 90019

1749 West Blvd

Los Angeles, CA 90019

  • 154 days on market
Amazing and charming four-plex investment opportunity, perfectly located between Mid-City and West Adams. Located just north of the 10 Freeway and west of Crenshaw Boulevard, this property sits on a generous 7,000 square foot parcel, offering four one-bedroom units brimming with potential. With plenty of rental upside, new owners can unlock substantial value through tasteful interior renovations. The surrounding neighborhood is on the rise, experiencing a wave of exciting new developments and renovations, making it a sought-after location for savvy investors. This large corner lot also presents the unique chance to add ADUs or remodel the existing structure, enhancing its income potential. Plus, one unit is currently vacant, providing a perfect opportunity for owner-occupancy if desired. Embrace the potential of 1749-1755 West Boulevard, a property that promises not only healthy returns but also long-term appreciation in a vibrant and evolving community. Garages are not occupied and could provide additional income.

Details

Property type

Est. home value

$1,232,979

Lot size

7,000 sq ft

Price per sq ft

$418

Year built

1939

HOA

No

Price History

07/24/2024
CLAW

CLAW #24418449

Listed
$1,350,000
+10.2%
09/19/2022
CLAW

CLAW #22182041

Sold
$1,225,000

Schools & Community

Neighborhood: 

Mid 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

$302,226
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$939,774
Cash to seller
$302,226

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

Seller’s Loan History

Lender

Primestone Mortgage

Loan start date

September 2022

Original loan amount

$970,000

Est. remaining balance

$939,774

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Muhammed Yildirim and Esma Bas Yildirim

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: 12/25/2024 at 8:30 PM

Listing updated: 12/04/2024 at 6:35 PM

Listed by: Pinar Gurel, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #24418449

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