tomo logo

$1,675,000

Beds
6
Baths
2.0
sq ft
3,647

1829 S Gramercy Pl, Los Angeles, CA 90019

1829 S Gramercy Pl

Los Angeles, CA 90019

  • 162 days on market
Large Home for Sale in West Adams/ Mid Town Area very close to but not Governed by " Historical Society" Perfect for Group Home or Sober Living facility or anything similar. There a total of 9 Legal Bedrooms and 3 Bathrooms as the home has been approved for a Duplex with one small condition that the inside stairs be "blocked off" . In addition the Zoning has been upgraded to R-3 as Potential Buyers can easily Add an 2 ADU'S in the rear due to the large size of the LOT. Currently Owner rents out each room with Monthly Income being $10,000 a Month. This income would transfer with the sale .

Details

Property type

Single Family Residence

Est. home value

$1,253,034

Lot size

8,903 sq ft

Price per sq ft

$460

Year built

1908

HOA

No

Price History

03/02/2024
CLAW

CLAW #24350521

Price change
$1,675,000
+6.35%
02/16/2024
CLAW

CLAW #24350521

Price change
$1,575,000
-5.97%
01/23/2024
CLAW

CLAW #24350521

Listed
$1,675,000
+77.25%

Schools & Community

Neighborhood: 

Arlington Heights

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

Allstar Financial Services Inc

Loan start date

September 2022

Original loan amount

$1,180,000

Est. remaining balance

Not provided

Interest rate

4.99%

Loan type

Building or Construction Loan

Seller

Plasco Group Llc

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: 07/03/2024 at 7:00 AM

Listing updated: 06/15/2024 at 12:49 PM

Listed by: Martin Watkins, Watkins Realty & Investments Phone #: (310) 301-3090

MLS: CLAW #24350521

CLAW logo

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