tomo logo

$836,000

Beds
4
sq ft
2,146

2641 Pomeroy Ave, Los Angeles, CA 90033

2641 Pomeroy Ave

Los Angeles, CA 90033

  • 138 days on market
    • Price drop $30,000↓
Price Reduction!! We are excited to present an exceptional investment opportunity to own this attractive Fourplex. Down the hill, this neighborhood overlooks the fantastic skyscrapers of downtown L.A. and you enjoy a winter night stroll through the tranquil hills with glowing lights from the skyscrapers. This two-story building consists of 1bedroom/1 bathroom each unit with the front entrance door leading stairs to upstairs. It features a neat interior, excellent layout, tile floors, a separate electric meter, a secured metal fence, and a spacious front yard. There are four car garages and four uncovered parking spaces in the backyard. It's a perfectly convenient neighborhood to commute. It is only approx. 3 miles from LADT, the Art District, China Town, USC University Hospital, the University of California, LA, and the University of East Los Angeles. Access to Fwy 10, 101, 5 & 60 and public transport is easy. The numerous shops and restaurants in Cesar Chavez Ave are another fun of the weekend. Don't miss this property at a highly sought-after rental area with outstanding investment potential. It's sold as is condition. It's fully occupied.

Details

Property type

Est. home value

$983,872

Lot size

5,683 sq ft

Price per sq ft

$390

Year built

1908

HOA

No

Price History

11/14/2024
CLAW

CLAW #24426167

Price change
$836,000
-3.46%
09/26/2024
CLAW

CLAW #24426167

Price change
$866,000
-2.81%
08/09/2024
CLAW

CLAW #24426167

Listed
$891,000
-5.81%

Schools & Community

Neighborhood: 

Boyle Heights

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

$317,649
Asking price
$836,000
Closing costs (~8% of asking)
-$66,880
Est. remaining loan balance
-$451,471
Cash to seller
$317,649

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

Seller’s Loan History

Lender

Cashcall Inc

Loan start date

October 2017

Original loan amount

$528,700

Est. remaining balance

$451,471

Interest rate

3.86%

Loan type

New Conventional, 30 year

Seller

Jin Chu

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: 12/25/2024 at 5:45 PM

Listing updated: 12/24/2024 at 12:30 PM

Listed by: Jung-Anna Kim, Masters Realty & Investment Phone #: (213) 385-6500

MLS: CLAW #24426167

CLAW logo

Recently listed in Los Angeles