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$1,998,000

Beds
3
Baths
2.5
sq ft
2,188

2222 Lyric Ave, Los Angeles, CA 90027

2222 Lyric Ave

Los Angeles, CA 90027

  • 34 days on market
Nestled in scenic Franklin Hills, this airy Modern showcases distinctive architecture, soaring ceilings, and majestic views. Oversized glass sliders frame lush surroundings, drawing you into the beauty of commanding vistas. The open-concept living and dining areas flow out to multiple balconies; flooring is rendered in hardwood and tile. Three spacious bedrooms include the ensuite Primary with jacuzzi tub and private balcony; the recently updated bathrooms add a fresh touch. Anchored by a magnificent Jacaranda tree, the flat backyard is a breezy environment for relaxing or entertaining under the sun or stars. Amenities include central air/heat, two-car garage, and a bonus basement space. Well-located within the Franklin Avenue Elementary boundary, you're just minutes from local favorites Speranza, Barbrix, Trader Joe's, the trails of Griffith Park, and everything great in Los Feliz.

Details

Property type

Single Family Residence

Est. home value

$2,002,047

Lot size

3,532 sq ft

Price per sq ft

$914

Year built

1988

HOA

No

Price History

10/18/2024
CLAW

CLAW #24453345

Listed
$1,998,000
+38.51%
10/29/2021
CLAW

CLAW #21786614

Sold
$1,442,500

Schools & Community

Neighborhood: 

Los Feliz

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

$822,195
Asking price
$1,998,000
Closing costs (~8% of asking)
-$159,840
Est. remaining loan balance
-$1,015,965
Cash to seller
$822,195

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2021

Original loan amount

$1,087,500

Est. remaining balance

$1,015,965

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Abel S Gallardo and Cambria Bacher

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: 11/21/2024 at 9:15 PM

Listing updated: 11/05/2024 at 6:10 AM

Listed by: Tracy B Do, Coldwell Banker Realty Phone #: (626) 584-0050

MLS: CLAW #24453345

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