tomo logo

$899,900

Beds
6
sq ft
3,773

1996 W Jefferson Blvd, Los Angeles, CA 90018

1996 W Jefferson Blvd

Los Angeles, CA 90018

  • 178 days on market
    • Price drop $50,100↓
Don't miss this fantastic opportunity to own a versatile property in a vibrant neighborhood, located across the street from a brand-new upscale boutique coffee house! The property features 6 large studios and one spacious commercial unit that fronts from Front Street to the alley. The commercial space is currently vacant, offering endless potential for business owners or investors looking to capitalize on this prime location. While we do not have rental data for the studios, the property has undergone several significant improvements, including a brand-new roof and numerous other repairs throughout. The property also features convenient alley access in the rear, adding flexibility for both residential and commercial uses. This property is located within the Jefferson HPOZ (Historic Preservation Overlay Zone), blending modern upgrades with historic charm in a highly desirable area. Schedule a viewing today and explore the potential of this exceptional investment!.

Details

Property type

Est. home value

$1,271,165

Lot size

6,806 sq ft

Price per sq ft

$239

Year built

1950

HOA

No

Price History

08/19/2024
CLAW

CLAW #24410147

Price change
$899,900
-5.27%
07/01/2024
CLAW

CLAW #24410147

Listed
$950,000

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

Tenmill Properties Inc

Loan start date

March 2020

Original loan amount

$69,000

Est. remaining balance

Not provided

Interest rate

3.6%

Loan type

Commercial

Seller

Cendejas Capital

Lender

Ps Funding Inc

Loan start date

April 2019

Original loan amount

$1,050,000

Est. remaining balance

Not provided

Interest rate

4.35%

Loan type

Commercial

Seller

Cendejas Capital

Lender

Macoy Capital Partners Inc

Loan start date

November 2018

Original loan amount

$766,169

Est. remaining balance

Not provided

Interest rate

4.9%

Loan type

Commercial, 1 year

Seller

Cendejas Capital

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: 12/26/2024 at 10:05 AM

Listing updated: 12/16/2024 at 8:15 AM

Listed by: Philip Boroda, Coldwell Banker Realty Phone #: (818) 995-2424

MLS: CLAW #24410147

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