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$1,278,000

Beds
9
sq ft
3,132

3634 Lanfranco St, Los Angeles, CA 90063

3634 Lanfranco St

Los Angeles, CA 90063

  • 5 days on market
Great Investment Opportunity in a Quiet Neighborhood! Welcome to 3634 Lanfranco St, a highly promising 4-unit property located in the heart of East Los Angeles. Three of the units were remodeled a few years ago and are in excellent condition, making this a low-maintenance investment with strong rental potential. One of the standout features of this property is the spacious parking area, providing ample parking for all tenants a rare find in this area! Nestled in a quiet and developing neighborhood, this property offers long-term value appreciation and solid income potential. Don't miss out on this incredible investment opportunity! Contact us today for more details.

Details

Property type

Est. home value

$1,050,311

Lot size

7,432 sq ft

Price per sq ft

$409

Year built

1911

HOA

No

Price History

02/07/2025
CLAW

CLAW #25495079

Listed
$1,278,000
+29.09%
07/28/2021
CLAW

CLAW #21710036

Sold
$990,000
+108.42%
05/01/2019
CRMLS

CRMLS #CV19046425

Sold
$475,000

Schools & Community

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

$538,168
Asking price
$1,278,000
Closing costs (~8% of asking)
-$102,240
Est. remaining loan balance
-$637,592
Cash to seller
$538,168

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

Seller’s Loan History

Lender

Nmsi Inc

Loan start date

June 2021

Original loan amount

$693,000

Est. remaining balance

$637,592

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Joseph Juyul Yang

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: 02/23/2025 at 6:45 AM

Listing updated: 02/18/2025 at 11:49 AM

Listed by: Joanne Kim, Dream Realty & Investments Inc Phone #: (213) 380-8949

MLS: CLAW #25495079

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