tomo logo

$3,250,000

Beds
16
sq ft
6,936

2636 Virginia Rd, Los Angeles, CA 90016

2636 Virginia Rd

Los Angeles, CA 90016

  • 790 days on market
Presenting 2636 Virginia Rd a newly constructed four-unit townhouse style units in prime Mid-City area. This is a rare opportunity considering the area's low inventory and a great property to add to your portfolio with a projected 4.62% Cap Rate in a thriving neighborhood. This is a 2022 build tri-level side-by-side units in two separate buildings located in the opportunity zone. A high demand investment opportunity featuring modern design, open and large floor plans, ample parking, rooftop decks (two units) with amazing views of the city! These beautifully designed townhomes consist of spacious (2) 4 Bed 4 Bath and (2) 4 Bed 3.5 Bath units each equipped with in unit laundry, Central A/C with Nest thermostats, balconies, individual water, electric, gas meters, stainless steel appliances installed, paid off solar panels. All highly attractive amenities for the tenants. The property is centrally located and minutes away from Downtown LA, Culver City and close to 10 freeway, giving easy access to all surrounding areas. This is an absolutely beautiful property. Call now for a viewing!

Details

Property type

Est. home value

$2,401,688

Property condition

New Construction

Lot size

6,550 sq ft

Price per sq ft

$469

Year built

2022

HOA

No

Price History

06/13/2023
CLAW

CLAW #22213147

Listed
$3,250,000
+236.79%
03/11/2021
CRMLS

CRMLS #SB20042863

Sold
$965,000

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Locklord Financial Llc

Loan start date

April 2023

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

6.65%

Loan type

Commercial

Seller

5 Star Discount Homes Llc

Lender

First Republic Bank

Loan start date

March 2023

Original loan amount

$2,066,073

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

New Conventional, 30 year

Seller

5 Star Discount Homes Llc

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: 12/27/2024 at 3:55 AM

Listing updated: 09/30/2024 at 11:50 AM

Listed by: Susan Roberts, Compass Phone #: (310) 230-5478

MLS: CLAW #22213147

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