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$999,000

Beds
6
sq ft
3,562

1969 W 23rd St, Los Angeles, CA 90018

1969 W 23rd St

Los Angeles, CA 90018

  • 66 days on market
    • Price drop $50,000↓
NEW REDUCED PRICE! Great triplex in desirable Los Angeles location. Perfect for investors. Minutes from DTLA, USC, Freeways and shopping centers. Property consists of 2 (3 bed, 1 bath) and 1 (3 bed, 2 baths). Fully occupied , very low maintenance building.

Details

Property type

Est. home value

$1,002,321

Lot size

6,650 sq ft

Price per sq ft

$281

Year built

1908

HOA

No

Price History

05/23/2024
CLAW

CLAW #24384423

Price change
$999,000
-4.77%
04/25/2024
CLAW

CLAW #24384423

Listed
$1,049,000
-4.55%
03/22/2024
CLAW

CLAW #23313892

Removed
$1,099,000

Schools & Community

Neighborhood: 

Adams-Normandie

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

$471,221
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$447,859
Cash to seller
$471,221

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

Seller’s Loan History

Lender

Franklin Loan Center

Loan start date

April 2017

Original loan amount

$521,500

Est. remaining balance

$447,859

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Thomas Hanson Jr and Moira E Hanson

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: 07/01/2024 at 9:00 AM

Listing updated: 05/23/2024 at 12:24 PM

Listed by: Jocelyn Guardado, Compass Phone #: (323) 593-6999

MLS: CLAW #24384423

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