tomo logo

$1,100,000

Beds
Unknown
sq ft
5,453

3703 Maple Ave, Los Angeles, CA 90011

3703 Maple Ave

Los Angeles, CA 90011

  • 259 days on market
    • Price drop $150,000↓
A big reduced Price!!! One of the lowest costs of entry into LA Store and Residential combination, 3703 Maple Ave. in the heart of South Los Angeles. This income producing property feature 3 units upstairs of 2 bedrooms & 1 bathroom, and 1 store downstairs. This is an ideal opportunity for investors seeking a property that generates consistent cash flow. The location is convenient with easy access to 10 Fwy & 110 Fwy, public transportation, and local amenities. The property to be sold "AS-IS" present condition with tenants. Seller will not do any repairs or replacements or credits to the buyer. Don’t miss the chance to own this income property.

Details

Property type

Apartment

Est. home value

$1,151,056

Lot size

5,997 sq ft

Price per sq ft

$202

Year built

1904

Price History

03/19/2024
CRMLS

CRMLS #TR23193024

Price change
$1,100,000
-12%
10/16/2023
CRMLS

CRMLS #TR23193024

Listed
$1,250,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Open Bank

Loan start date

December 2013

Original loan amount

$558,000

Est. remaining balance

Not provided

Interest rate

4.1%

Loan type

Commercial

Seller

Ojun Kwon and Dong Sook Yoo

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: 07/01/2024 at 7:30 AM

Listing updated: 03/18/2024 at 5:20 PM

Listed by: Alexander Auh, Masters Realty Eastern Group Phone #: (626) 723-4590

MLS: CRMLS #TR23193024

CRMLS logo

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