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$1,995,000

Beds
6
Baths
4.0
sq ft
3,032

2146 Beachwood Ter, Los Angeles, CA 90068

2146 Beachwood Ter

Los Angeles, CA 90068

  • 1325 days on market
This Beautiful 1920s Fully Restored with Designer Touch and Taste Is the Perfect Investment for a Sophisticated Owner Occupier to Generate Income and Live the Hollywood Lifestyle. Live Comfortably in a Prime Hollywood Location on a PRIVATE Cul De Sac that Offers Tremendous Neighborhood Hollywood Hills Views. The Property features Mature Landscaping with Immense Privacy. It really is a Sanctuary. The Property offers (2) 3 Bedroom Units and a Studio. The Many Features/Upgrades include Refined Hardwood Floors, Fresh Paint, Fully Upgraded Kitchens, In Unit Laundry, Fireplaces, Central Air, Private Balconies/Patios, Abundant Parking + Garage. Ultra Prime Hollywood Locale with Convenience to Studios, Restaurants, and the Cities Best Hiking Trails. | Per Seller: "Unit Mix: 2148 Beachwood Ter: 3 bed 1 bath (vacant), pro forma rent $4,250. 2146 Beachwood Ter: 3 bed 2 bath currently rented for $3,750 on a month to month Lease 2146 1/2 Beachwood Ter: studio (vacant), pro forma rent $1,800. Pro Forma GRM: 17.4.

Details

Property type

Single Family Residence

Est. home value

$2,041,503

Lot size

5,423 sq ft

Price per sq ft

$658

Year built

1924

Price History

03/31/2023
CLAW

CLAW #21688580

Listed
$1,995,000
+5.01%
07/29/2021
CLAW

CLAW #21732412

Sold
$1,899,888

Schools & Community

Neighborhood: 

Hollywood Hills

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

$652,420
Asking price
$1,995,000
Closing costs (~8% of asking)
-$159,600
Est. remaining loan balance
-$1,182,980
Cash to seller
$652,420

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

Seller’s Loan History

Lender

Excel Realty & Mortgage Inc

Loan start date

June 2021

Original loan amount

$1,272,750

Est. remaining balance

$1,182,980

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Shuqing Yang and Lihua Miao

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?

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Status: Active

Tomo last checked: 09/19/2024 at 7:50 PM

Listing updated: 02/16/2024 at 10:14 AM

Listed by: Joseph Babajian, Rodeo Realty Phone #: (310) 724-7100

MLS: CLAW #21688580

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