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$649,999

Beds
3
Baths
2.0
sq ft
1,300

358 E 97th St, Los Angeles, CA 90003

358 E 97th St

Los Angeles, CA 90003

  • 2 days on market
Check out 358 E 97th St, right here in South LA! This spot’s got all the vibes—2 bedrooms, 1 bathroom, and 905 sq ft of living space on a solid 5,100 sq ft corner lot. Built in 1942, but don’t let the age fool you—it’s been freshened up and ready to roll. The unpermitted garage conversion gives you an approximate 300 additional sq ft of living space! Walk in, and boom—new laminate floors, recessed lighting, and a cozy living room where you can kick back and relax. The kitchen’s been hooked up with modern finishes, so you’re set whether you’re meal-prepping or just throwing together some late-night snacks. The bathroom’s got a clean bathtub-shower combo for when you need to unwind. Plus, there’s a laundry closet to keep your life simple. The yard? Fully gated, so you’ve got privacy and plenty of space to chill or entertain. And here’s the kicker—the detached garage has an unpermitted addition with a living area, bedroom, and full bathroom. Think guest space, studio, or whatever you need—it’s all ready for you to make it your own. Oh, and last year, the plumbing got a full upgrade, so you’re good to go on that front. If you’re looking for a place with character, updates, and a little extra space to play with, this is it. Hit us up to come see it—you’re gonna love it!

Details

Property type

Single Family Residence

Est. home value

$586,625

Property condition

Updated/Remodeled

Lot size

5,100 sq ft

Price per sq ft

$500

Year built

1942

HOA

No

Price History

12/20/2024
CRMLS

CRMLS #CV24252190

Listed
$649,999
+21.5%
01/30/2023
CRMLS

CRMLS #MB22212013

Sold
$535,000

Schools & Community

Neighborhood: 

Southeast Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

$101,569
Asking price
$649,999
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$496,430
Cash to seller
$101,569

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

November 2022

Original loan amount

$508,250

Est. remaining balance

$496,430

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Lesly Canales Inestroza

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: 12/22/2024 at 5:45 AM

Listing updated: 12/21/2024 at 11:33 PM

Listed by: Alexa Ramirez, eHomes Phone #: (909) 227-5833

MLS: CRMLS #CV24252190

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