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$2,375,000

Beds
Unknown
sq ft
6,816

3925 Barrett Rd, Los Angeles, CA 90032

3925 Barrett Rd

Los Angeles, CA 90032

  • 82 days on market
    • Price drop $175,000↓
Improved Sale Price and Motivated Seller - This is a prime investment opportunity in the desireable El Sereno neighborhood of Los Angeles. The well-maintained property features 6 rare find units, each offering 3 beds, 2 baths, and 1,136 sf of living space split up between 2 buildings. Residents benefits from the shared community laundry facility and covered carport parking. Situated between Downtown LA and Pasadena, this property offers both comfort and convenience, making it highly attractive to tenants seeking quality living and offers owners the reliability of a highly dense area. Its proximity to USC, Cal State LA, CalTech, DTLA, and numerous surrounding cities' amenities ensure a steady stream of income with plenty of growth potential. Seller is offering the buyer's agent a 2% commission at completion of sale. All buyer's agent must be licensed and provide a signed buyer's rep agreement.

Details

Property type

Apartment

Lot size

7,644 sq ft

Price per sq ft

$349

Year built

1963

Price History

06/18/2024
CRMLS

CRMLS #PW24073550

Price change
$2,375,000
-6.86%
04/12/2024
CRMLS

CRMLS #PW24073550

Listed
$2,550,000

Schools & Community

Neighborhood: 

El Sereno

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, 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

General Bank

Loan start date

June 2003

Original loan amount

$330,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Commercial

Seller

Catherine Van

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: 07/02/2024 at 10:00 PM

Listing updated: 06/18/2024 at 12:58 AM

Listed by: Vivienne Tran, Cali Home Realty Phone #: (714) 636-9880

MLS: CRMLS #PW24073550

CRMLS logo

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