tomo logo

$1,788,888

Beds
2
sq ft
4,232

3303 Thorpe Ave, Los Angeles, CA 90065

3303 Thorpe Ave

Los Angeles, CA 90065

  • 46 days on market
Calling all Investors, Developers, New Buyers! Income rental units, featuring two 2+1 (originally 3 income units). PLUS 3 Retail units. Will be delivered with tenants in place. This is a great opportunity to acquire this mix-use commercial and residential income-property. 6 different address. Great Location near DTLA, and public transportation, in Cypress Park. Come visualize your own ideas, and see the great potential. Corner restaurant features 12 tables, with capacity for 50 people or more. No liquor License but might be doable. 10x8+/- storage cold-room, large newer fridge for drinks, 2 large-fridge for meats, freezer, ice machine, 6 burners stove, fryer, and other appliances. There's a large handicap-access bathroom about 10x8, and separate 4x5 standard bathroom. This building also features a well established and busy hair salon on main Avenue.

Details

Property type

Lot size

6,011 sq ft

Price per sq ft

$423

Year built

1913

HOA

No

Price History

08/05/2024
CLAW

CLAW #24423759

Listed
$1,788,888
-0.62%
03/21/2024
CRMLS

CRMLS #P1-15624

Removed
$1,799,998
03/12/2024
CRMLS

CRMLS #P1-15624

Listed
$1,799,998

Schools & Community

Neighborhood: 

Cypress Park

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

Velocity Commercial Capital Llc

Loan start date

June 2019

Original loan amount

$693,000

Est. remaining balance

Not provided

Interest rate

4.17%

Loan type

Commercial

Seller

Jennifer Stephany Gonzalez and Maria Silvia Mondragon

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: 09/20/2024 at 5:45 AM

Listing updated: 08/14/2024 at 1:03 PM

Listed by: Dioselina Lorenzo, Rodeo Realty Phone #: (310) 724-7100

MLS: CLAW #24423759

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