tomo logo

$1,499,000

Beds
8
sq ft
3,170

2437 Houston St, Los Angeles, CA 90033

2437 Houston St

Los Angeles, CA 90033

  • 58 days on market
Presenting an exceptional investment prospect nestled in the heart of Boyle Heights: a meticulously maintained four-unit income property showcasing beautifully renovated bungalows. Each unit boasts in-unit laundry facilities, ample parking, and the added convenience of air conditioning. Enhanced with premium finishes and fixtures, these thoughtfully designed residences offer contemporary living spaces tailored to meet the needs of today's tenants. Beyond the property's inherent charm lies its unparalleled location, affording effortless access to nearby shops and dining establishments, making it an ideal choice for those desiring a vibrant urban lifestyle. Whether you're a seasoned investor or just entering the market, this income property assures robust rental potential and enduring financial benefits. Your journey towards becoming a prosperous real estate investor commences here seize this opportunity today!

Details

Property type

Est. home value

$863,416

Lot size

7,004 sq ft

Price per sq ft

$473

Year built

1906

HOA

No

Price History

09/23/2024
CLAW

CLAW #24443851

Listed
$1,499,000
-6.02%
03/14/2024
CLAW

CLAW #23338181

Removed
$1,595,000
12/19/2023
CLAW

CLAW #23338181

Listed
$1,595,000
+199.53%

Schools & Community

Neighborhood: 

Boyle Heights

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

Utilities Employees Cu

Loan start date

July 2018

Original loan amount

$162,000

Est. remaining balance

Not provided

Interest rate

3.8%

Loan type

Credit Line (Revolving)

Seller

Victor Ong and Yoonji Chang

Lender

Bank Of The West

Loan start date

July 2018

Original loan amount

$809,250

Est. remaining balance

Not provided

Interest rate

4.37%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Victor Ong

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: 11/20/2024 at 10:30 AM

Listing updated: 10/31/2024 at 10:15 AM

Listed by: Robert Fields, Compass Phone #: (310) 652-6285

MLS: CLAW #24443851

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