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$1,489,000

Beds
5
Baths
3.0
sq ft
2,258

3538 London St, Los Angeles, CA 90026

3538 London St

Los Angeles, CA 90026

  • 38 days on market
In prime Silver Lake find this rare offering, a versatile compound with two detached residences delivered vacant. The front bungalow circa 1913 has undergone a mindful renovation, featuring airy open-concept flow, quartz countertops, stainless appliances and three restful bedrooms. Just beyond, the Mission Revival home retains its original charm with coved ceilings, decorative hearth and graceful archways on the main level; two bedrooms, a balcony and a vintage bath detailed with purple tile await upstairs. The gated yard is a low-maintenance retreat with a mature guava tree, driveway parking and a garage; amenities include central AC in the front home and mini-splits in the back.Offering potential for income generation or a spacious home base, this property delivers maximum flexibility. Close to Cafecito Organico, Be U Vietnamese, Bellevue Rec Center, and just minutes from Hoover Ave and Sunset Junction, everything you need is within easy reach.

Details

Property type

Single Family Residence

Est. home value

$1,194,826

Lot size

4,761 sq ft

Price per sq ft

$660

Year built

1913

HOA

No

Price History

12/13/2024
CLAW

CLAW #24469575

Listed
$1,489,000
+24.08%
06/01/2023
CRMLS

CRMLS #ND23039773

Sold
$1,200,000

Schools & Community

Neighborhood: 

Silver Lake

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

$213,800
Asking price
$1,489,000
Closing costs (~8% of asking)
-$119,120
Est. remaining loan balance
-$1,156,080
Cash to seller
$213,800

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

Seller’s Loan History

Lender

Kind Lending Llc

Loan start date

May 2023

Original loan amount

$1,178,265

Est. remaining balance

$1,156,080

Interest rate

6.27%

Loan type

FHA, 30 year

Seller

Michelle Kim

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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Status: Active

Tomo last checked: 01/20/2025 at 5:50 AM

Listing updated: 01/13/2025 at 6:35 PM

Listed by: Tracy B Do, Coldwell Banker Realty Phone #: (626) 584-0050

MLS: CLAW #24469575

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