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$2,200,000

Beds
3
Baths
2.0
sq ft
2,104

3651 Cardiff Ave, Los Angeles, CA 90034

3651 Cardiff Ave

Los Angeles, CA 90034

  • 259 days on market
    • Price drop $199,000↓
R3 DEVELOPMENT OPPORTUNITY - Prime location to build your dream project in the highly desirable Palms - Mar Vista Area! R3 zoning with transit-oriented communities (TOC) tier 3 designation. Tier 3 TOC designation allows for a density bonus of up to 70% above the current by-right allowed number of units. This property is being marketed and sold “as-is” for land value. Lot size is 6,754 SF. Executive Directive 1 (ED 1) expedites the processing of affordable housing projects in Los Angeles. Eligible projects receive expedited processing, clearances, and approvals through the ED1 Ministerial Approval Process. Buyer can purchase land and use existing home for rental income until ready to build multi-level apartment units or condos. Conveniently located near Venice Blvd and Culver Blvd blocks from restaurants, bars, and coffee shops in downtown Culver City, Culver Steps, The Ivy, Exposition Corridor Bike Path, Sony Pictures Studio, Fox Studio's, The Platform, Culver City Arts District. Two Train/Metro E-Line Stations and Easy access to 10 and 405 freeways.

Details

Property type

Single Family Residence

Est. home value

$2,312,049

Property condition

Updated/Remodeled

Lot size

6,754 sq ft

Price per sq ft

$1,046

Year built

1924

Price History

04/30/2024
CRMLS

CRMLS #PW23192190

Listed
$2,200,000
04/10/2024
CRMLS

CRMLS #PW23192190

Pending
$2,200,000
03/07/2024
CRMLS

CRMLS #PW23192190

Price change
$2,200,000
-8.3%

Schools & Community

Neighborhood: 

Palms

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Los Angeles Unified

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

Bank Of America

Loan start date

December 2001

Original loan amount

$117,035

Est. remaining balance

Not provided

Interest rate

6.45%

Loan type

Not Provided

Seller

Johnny Goli

Lender

Provident Funding Associates Lp

Loan start date

October 1997

Original loan amount

$160,000

Est. remaining balance

$38,741

Interest rate

7.54%

Loan type

Not Provided, 30 year

Seller

Johnny Goli

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: 07/01/2024 at 9:55 AM

Listing updated: 06/19/2024 at 11:23 AM

Listed by: Sergio Aguirre, Taurus Realty Group Phone #: (877) 682-8787

MLS: CRMLS #PW23192190

CRMLS logo

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