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$718,884Estimated home value

Beds
4
Baths
2.0
sq ft
1,263

2057 W 96th St, Los Angeles, CA 90047

2057 W 96th St

Los Angeles, CA 90047

  • Off market
    • Price drop $15,000↓
Huge Price Reduction down to $785K. Since the Feb purchase, over $38K has been invested to complete the custom full bath and to make the minor repairs from the home inspection. Termite work was taken care of, with servicing since purchase. The intent was to convert the garage to an ADU to add rental income, holding this property as a long-term rental, however, things came up and the seller is now motivated to let this one go. Looking for a charming 4 bedroom home for a large family, that has plenty of outdoor space for family fun & gatherings? This 4-BR 2-bath home sits in the middle of a quiet street just minutes from Sofi stadium and a quick drive to freeways. When entering the home, you will see the well-kept wood flooring in the family dining area. You’ll notice the tile flooring, custom counters, and backsplash in the Kitchen. Also, you will get a brand-new stackable washer/Dryer, gas stove, Stainless refrigerator, and plenty of cabinets. All Appliances convey. 2 linen closets in the hallway, which can be entered from either the living area or the kitchen. You have a Full Bath at the end of the hallway with tile flooring and a custom-tiled shower/bath. You pass through the 3rd bedroom as you enter the large primary bedroom with wood flooring and a sliding glass door that lets you out onto the covered patio. You’ll see the newly remodeled full bath with a large 3X5 custom tiled shower. If you need separate rooms for kids, family, or an office, any of the other 3 rooms will accommodate your needs with wood floors, closets, and ceiling fans in each room. You’ll get plenty of natural light from the large dual-pane windows throughout the home. You’ll enjoy the ability to enter the backyard from either the primary bedroom or the kitchen. Once in the Backyard, you have options. You can relax on the covered patio, and let the kids play in 1 of 2 different gated areas at the front of or to the side of the large 2-car garage. This home has plenty of parking for 7-8 cars or a few cars and some sand toys, a trailer, or even a small boat. The large detached 2-car garage is perfect for building out an ADU to create additional revenue, and even with an ADU and tenants, you’ll still have plenty of parking on the long gated driveway. This home is a find since there are so few 4-bedroom homes this size in the area with such a large amount of private outdoor space to entertain or just relax with the family.

Details

Property type

Single Family Residence

Est. home value

$718,884

Lot size

5,090 sq ft

Price per sq ft

$622

Year built

1944

Price History

08/06/2024
CRMLS

CRMLS #OC24114789

Removed
$785,000
07/09/2024
CRMLS

CRMLS #OC24114789

Price change
$785,000
-1.88%
06/26/2024
CRMLS

CRMLS #OC24114789

Price change
$800,000
-2.32%

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Golf, Street Lights, Sidewalks, Park

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

$707,475
Asking price
$785,000
Closing costs (~8% of asking)
-$62,800
Est. remaining loan balance
-$14,725
Cash to seller
$707,475

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

Seller’s Loan History

Lender

First Mortgage Corp

Loan start date

October 2014

Original loan amount

$18,578

Est. remaining balance

$14,725

Interest rate

4.1%

Loan type

FHA, 30 year

Seller

Alfrieda Lynn Crenshaw

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: 10/04/2024 at 6:05 PM

Listing updated: 07/29/2024 at 6:35 PM

Listed by: Leo Luna, Rise Realty Phone #: (866) 344-7473

MLS: CRMLS #OC24114789

CRMLS logo

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