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$675,000

Beds
1
Baths
1.0
sq ft
765

3625 Fredonia Dr Unit 2, Los Angeles, CA 90068

3625 Fredonia Dr Unit 2

Los Angeles, CA 90068

  • 39 days on market
    • Price drop $24,900↓
One of the only two panoramic end-to-end balcony units in this twelve unit building. Nestled in the Hollywood Hills just above Ventura Blvd, this historic Mid-Century Modern Architectural History built and designed by world-renowned architect, Ray Kappe, FAIA is studio / music lifestyle with nature. The unit beautifully combines quintessentially Californian indoor and outdoor elements, creating a "WOW" factor as you step inside. Kappe's lifelong love of nature and environment are expressed in the design of the building itself as it blends and flows into the hillside seamlessly and thoughtfully. Upon entering, your eyes are drawn immediately to the panoramic, million dollar views of the San Fernando Valley, as seen through the floor to ceiling windows that span the width of the entire unit. Sliders out to the large patio open up the space for indoor/outdoor entertaining, designed with the intention of being a natural extension of the indoor living space. The indoor space is chic, timeless, with an open flow; tons of natural light and clean lines. Located centrally and south of the boulevard, in the coveted Cahuenga Pass area, it is a short distance away from the iconic Hollywood Bowl, Universal Studios/CityWalk, Studio City, a myriad of shops and restaurants on Ventura Blvd; as well as on the other side of the hill in Hollywood. **Seller will contribute to HOA dues by way of crediting Buyer $3,600 for the first year. This will be depend on an acceptable offer and conditions.**

Details

Property type

Condominium

Est. home value

$641,267

Property condition

Updated/Remodeled

Lot size

0.6061 acres

Price per sq ft

$883

Year built

1963

Monthly HOA fee

$828

Price History

10/10/2024
CLAW

CLAW #24445917

Price change
$675,000
-3.56%
09/27/2024
CLAW

CLAW #24445917

Listed
$699,900
09/26/2024
CLAW

CLAW #24439683

Removed
$699,900
-6.68%

Schools & Community

Neighborhood: 

Hollywood Hills

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

$126,083
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$494,917
Cash to seller
$126,083

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

June 2021

Original loan amount

$533,500

Est. remaining balance

$494,917

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Ryan Denmark

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: 11/05/2024 at 1:05 PM

Listing updated: 11/02/2024 at 12:05 PM

Listed by: Smith Cho, Compass Phone #: (310) 437-7500

MLS: CLAW #24445917

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