tomo logo

$1,499,000

Beds
8
sq ft
3,018

2121 Portland St, Los Angeles, CA 90007

2121 Portland St

Los Angeles, CA 90007

  • 8 days on market
    • Open house Mar 01
Conveniently located near USC, Downtown LA, and Koreatown, this newly remodeled duplex is ideal for generating rental income. The home boasts new appliances and fresh paint, making it move-in ready. You can reside in one unit while renting out the other for excellent income potential. The garage offers the possibility of an ADU (Accessory Dwelling Unit) conversion, providing even more options. Additionally, there is ample parking space both in the back and on the street. The property will be delivered "as-is," vacant, and ready for new occupants. Owner carry or seller financing options may be available.

Details

Property type

Est. home value

$1,437,539

Lot size

6,235 sq ft

Price per sq ft

$497

Year built

1901

HOA

No

Price History

02/18/2025
CLAW

CLAW #25500221

Listed
$1,499,000
-0.07%
06/07/2024
CLAW

CLAW #24365561

Removed
$1,500,000
03/06/2024
CLAW

CLAW #24365561

Listed
$1,500,000

Schools & Community

Neighborhood: 

University Park

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

$711,604
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$667,476
Cash to seller
$711,604

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

Seller’s Loan History

Lender

Nmsi Inc

Loan start date

December 2019

Original loan amount

$742,500

Est. remaining balance

$667,476

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Byung Choi and Jung Hyung Choi

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: 02/26/2025 at 1:40 PM

Listing updated: 02/26/2025 at 5:30 AM

Listed by: Daehong Park, eXp Realty of Greater Los Angeles Phone #: (888) 652-1314

MLS: CLAW #25500221

CLAW logo

Recently listed in Los Angeles

$1,150,000|3 bd|2.0 ba|House
$3,700,000|4 bd|4.25 ba|House
$2,395,000|3 bd|2.5 ba|House
$2,299,000|2 bd|3.0 ba|House
$2,875,000|5 bd|3.5 ba|House
$1,890,000|3 bd|4.0 ba|House

Explore top cities in California