tomo logo

$1,399,999

Beds
8
sq ft
3,074

1952 S Corning St, Los Angeles, CA 90034

1952 S Corning St

Los Angeles, CA 90034

  • Off market
    • Price drop $100,000↓
A rare gem in the heart of Beverlywood. FOUR well-maintained units. ALL are 2 bedroom - 1 bath units. AMAZING OPPORTUNITY FOR DEVELOPERS AND INVESTORS. The building has four spacious 2-bedroom, 1-bathroom units. This home is centrally located in Los Angeles and minutes away from downtown Los Angeles and West LA. This property offers easy access to shopping malls, a variety of restaurants, and shopping centers, ensuring its desirability among potential renters. An opportunity like this is indeed a rare find in the this vibrant area of Los Angeles. This won't stay on the market for long. AMAZING OPPORTUNITY FOR AN INVESTOR AND/OR DEVELOPER!

Details

Property type

Lot size

6,300 sq ft

Price per sq ft

$456

Year built

1929

HOA

No

Price History

07/01/2024
CLAW

CLAW #24348529

Removed
$1,399,999
05/08/2024
CLAW

CLAW #24348529

Listed
$1,399,999
05/08/2024
CLAW

CLAW #24348529

Removed
$1,399,999

Schools & Community

Neighborhood: 

Crestview

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

Metrociti Mortgage Llc

Loan start date

December 2005

Original loan amount

$747,500

Est. remaining balance

Not provided

Interest rate

6.82%

Loan type

Not Provided, 30 year

Seller

Masoud Atef

Lender

Metrociti Mortgage Llc

Loan start date

December 2005

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.36%

Loan type

Stand Alone Second, 30 year

Seller

Masoud Atef

Lender

Deepgreen Bank

Loan start date

October 2004

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

5.83%

Loan type

Credit Line (Revolving), 25 year

Seller

Masoud Atef

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: Off Market

Tomo last checked: 07/01/2024 at 7:55 AM

Listing updated: 05/08/2024 at 4:02 PM

Listed by: Sonam Ali, Sotheby's International Realty Phone #: (310) 481-6262

MLS: CLAW #24348529

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