tomo logo

$899,999

Beds
2
Baths
1.0
sq ft
1,107

258 N Benton Way, Los Angeles, CA 90026

258 N Benton Way

Los Angeles, CA 90026

  • 133 days on market
Property with extreme potential located in high demand area of Los Angeles, south Silver Lake/Echo Park, very close to downtown and 101 Freeway. Great investment opportunity to build multiple units. Zoned LARD1.5 (One unit per 1,500 sqft of land) or can be used as a single family home. Property needs upgrades and has a lot of potential. There is an unpermitted unit attached to the main house that has a kitchenette and bathroom. Detached 2 car garage in the back as well with sufficient parking in driveway.

Details

Property type

Single Family Residence

Est. home value

$886,957

Lot size

5,000 sq ft

Price per sq ft

$814

Year built

1923

Price History

07/12/2024
CRMLS

CRMLS #DW24143549

Listed
$899,999
+0.11%
04/15/2024
CRMLS

CRMLS #SR24065572

Removed
$899,000
04/03/2024
CRMLS

CRMLS #SR24065572

Listed
$899,000
+1.24%

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Los Angeles Unified

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

First Magnus Financial Corp

Loan start date

February 2007

Original loan amount

$274,000

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

Balloon, 30 year

Seller

Felicita C Ayala

Lender

Option One Mtg Corp

Loan start date

April 2002

Original loan amount

$152,000

Est. remaining balance

Not provided

Interest rate

7.2%

Loan type

Not Provided, 30 year

Seller

Felicita C Ayala

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: 11/22/2024 at 12:25 AM

Listing updated: 10/19/2024 at 5:00 AM

Listed by: Robert Colangeli, IET Real Estate Phone #: (562) 949-9111

MLS: CRMLS #DW24143549

CRMLS logo

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