tomo logo

$850,000

Beds
4
sq ft
2,400

327 W 58th St, Los Angeles, CA 90037

327 W 58th St

Los Angeles, CA 90037

  • 34 days on market
327 W 58th St is a four-unit multifamily property centrally located and just minutes away from Downtown Los Angeles. These four units consist of (4) 1-bed/1-bath units and are currently generating good income. The rents are as follows: $2400 section 8, $1086, $1850(Vacant at close), $2500 section 8. This property also offers on-site parking.

Details

Property type

Est. home value

$738,395

Lot size

4,602 sq ft

Price per sq ft

$355

Year built

1926

HOA

No

Price History

03/25/2025
CLAW

CLAW #25503631

Price change
$850,000
+3.03%
03/20/2025
CLAW

CLAW #25503631

Price change
$825,000
-2.94%
02/25/2025
CLAW

CLAW #25503631

Listed
$850,000
+21.43%

Schools & Community

Neighborhood: 

Southeast Los Angeles

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

$149,549
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$632,451
Cash to seller
$149,549

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2021

Original loan amount

$687,321

Est. remaining balance

$632,451

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Eliezer Engel and Basya B Simons

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: 04/01/2025 at 8:10 PM

Listing updated: 03/24/2025 at 5:11 PM

Listed by: Mike Iryami, BRC Advisors- BH

MLS: CLAW #25503631

CLAW logo

Recently listed in Los Angeles