tomo logo

$1,850,000

Beds
10
Baths
4.75
sq ft
3,690

3123 S Grand Ave, Los Angeles, CA 90007

3123 S Grand Ave

Los Angeles, CA 90007

  • 24 days on market
This property is a fully vacant 10 room single family home that has several uses to produce income. With USC a couple of blocks away and LA Trade Tech within 3/4 of a mile, this property can be used as student housing, Air Bnb, or rented as co-living space. There is a detached garage measuring approximately 360 sq.ft. that can potentially be converted to an ADU. This property has endless possibilities to generate income.

Details

Property type

Single Family Residence

Est. home value

$1,864,945

Lot size

7,016 sq ft

Price per sq ft

$502

Year built

1901

HOA

No

Price History

06/05/2024
CLAW

CLAW #24400509

Listed
$1,850,000

Schools & Community

Neighborhood: 

Central City

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

First Republic Bank

Loan start date

December 2020

Original loan amount

$1,007,500

Est. remaining balance

Not provided

Interest rate

2.85%

Loan type

New Conventional, 30 year

Seller

Rafael Katz and Esther Katz

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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Price drop
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877 Francisco St Unit 4111, Los Angeles, CA 90017

Status: Active

Tomo last checked: 06/29/2024 at 5:30 AM

Listing updated: 06/13/2024 at 5:13 AM

Listed by: Henry Garcia, Equity Union Phone #: (818) 989-2000

MLS: CLAW #24400509

CLAW logo

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