tomo logo

$1,490,000

Beds
6
Baths
3.0
sq ft
2,450

2212 5th Ave, Los Angeles, CA 90018

2212 5th Ave

Los Angeles, CA 90018

  • <1 day on market
PERMITTED 6 BEDS 3 BATHS and Located in Mid City, close to K-Town, Culver City. Remodeled New Floor, New Paint, New Electric. Huge attic as a Bonus Unit. Huge potential income property is suitable for RCFE(a residential care facility for the elderly) and big family/income units, providing ample space for your lifestyle needs. The property includes 5-6 parking spaces, ensuring your vehicles are well accommodated. The open-concept layout enhances flow and functionality, making it perfect for daily life and entertainment. The 7,000 SF backyard provides endless possibilities for ADU, gardening, relaxation, and more. This property presents a fantastic investment opportunity, whether you're a first-time buyer looking to establish roots or an investor seeking rental income. The desirable location and versatile layout make it a compelling choice for many buyers. Don't miss your chance to own this urban retreat in one of Los Angeles' most sought-after neighborhoods. Contact us today to schedule a showing and experience the charm of 2212 5th Ave firsthand. Net Income $8,000 per month now. The tenants pay all utilities and maintenance

Details

Property type

Single Family Residence

Est. home value

$1,474,468

Lot size

7,003 sq ft

Price per sq ft

$609

Year built

1912

HOA

No

Price History

10/07/2024
CLAW

CLAW #24449421

Listed
$1,490,000
+75.29%
09/30/2022
CRMLS

CRMLS #EV22191937

Sold
$850,000

Schools & Community

Neighborhood: 

Jefferson Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Mortgage Research Laboratory Inc

Loan start date

February 2023

Original loan amount

$944,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

New Conventional, 30 year

Seller

Christina Kwon

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: 10/08/2024 at 5:30 AM

Listing updated: 10/07/2024 at 7:29 PM

Listed by: Eui Chang, The H Realty Phone #: (818) 495-5432

MLS: CLAW #24449421

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