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$1,199,000

Beds
3
Baths
2.5
sq ft
1,687

3118 Isabel Dr, Los Angeles, CA 90065

3118 Isabel Dr

Los Angeles, CA 90065

  • 15 days on market
    • Open house Jun 29
A modern hillside abode, perched in the tranquil hills of Mount Washington. Originally built in 1925, an extensive reimagined addition was constructed in 2017-- now a sleek sexy home with spectacular views. Isabel's location couldn't be better-- bordering other coveted and eclectic Northeast LA (NELA) neighborhoods, Glassell Park and Cypress Park with everything you want and need within proximity. Enter through a multi-level layout where on the ground floor a foyer and a 2-car garage welcome you. The garage has been turned into a bonus space, currently being used as a music studio, which can be converted back into a functioning garage. Up the stairway to the main floor, you'll find an open concept space drenched in natural light unifying the living + dining areas and farmhouse-style kitchen with stainless-steel appliances and an island, the true heart of the home. The next level is where you'll enjoy from a large balcony, views for days, most especially, the breathtaking sunset down the Santa Monica Mountains. The primary bedroom is massive, showcasing vaulted ceilings, access to the balcony, ensuite bathroom with double vanity and a walk-in closet. The laundry area, two good-sized guest bedrooms and the guest bathroom complete the top floor. From here you'll be led to the private and serene backyard/outdoor oasis with lots of room for greenery, perfect for al fresco dining, hosting guests or your very own Yoga/Pilates meditation deck. Minutes away from the best parks, cafes and restaurants in LA-- Elyria Canyon Park, Glassell Park Recreation Center, Rio de Los Angeles State Park; Loquat Coffee, Habitat Coffee and Little Barn Coffee House; Wife and the Somm, Dunsmoor and Barra Santos and so much more-- uniting a perfect blend of community and urban living. POSSIBILITY OF ASSUMING THE OWNER'S LOW RATE FHA LOAN.

Details

Property type

Single Family Residence

Est. home value

$1,197,313

Lot size

5,985 sq ft

Price per sq ft

$711

Year built

1925

HOA

No

Price History

06/13/2024
CLAW

CLAW #24401771

Listed
$1,199,000
-7.77%
05/14/2024
CRMLS

CRMLS #SW24014595

Removed
$1,300,000
04/13/2024
CRMLS

CRMLS #SW24014595

Price change
$1,300,000
-1.89%

Schools & Community

Neighborhood: 

Mount Washington

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

$384,951
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$718,129
Cash to seller
$384,951

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

December 2020

Original loan amount

$778,998

Est. remaining balance

$718,129

Interest rate

2.81%

Loan type

FHA, 30 year

Seller

Dezi Catarino Stevenson and Xavier Daniel Stevenson

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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261 Isabel St, Los Angeles, CA 90065

Status: Active

Tomo last checked: 06/29/2024 at 7:40 AM

Listing updated: 06/28/2024 at 1:40 PM

Listed by: Veronica Sanchez, Compass Phone #: (323) 285-3405

MLS: CLAW #24401771

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