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$1,479,000

Beds
8
sq ft
3,018

2121 Portland St, Los Angeles, CA 90007

2121 Portland St

Los Angeles, CA 90007

  • 63 days on market
    • Price drop $71,000↓
A duplex near USC, Downtown, and Koreatown. Great for rental income property. A garage for possible ADU. There is enough parking space on the back and street. As-is status. It will be delivered vacant. Owner Carry or Seller Financing may be available.

Details

Property type

Est. home value

$1,437,539

Lot size

6,235 sq ft

Price per sq ft

$491

Year built

1901

HOA

No

Price History

11/07/2024
CLAW

CLAW #24454451

Price change
$1,479,000
-4.58%
10/18/2024
CLAW

CLAW #24454451

Listed
$1,550,000
+3.33%
06/07/2024
CLAW

CLAW #24365561

Removed
$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

$690,512
Asking price
$1,479,000
Closing costs (~8% of asking)
-$118,320
Est. remaining loan balance
-$670,168
Cash to seller
$690,512

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

$670,168

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: 12/22/2024 at 3:05 AM

Listing updated: 12/05/2024 at 2:37 PM

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

MLS: CLAW #24454451

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