tomo logo

$1,988,000

Beds
3
Baths
3.5
sq ft
2,300

3935 Kentucky Dr, Los Angeles, CA 90068

3935 Kentucky Dr

Studio City, CA 90068

  • 88 days on market
A perfect jewel in so many ways. An exciting blend of elegance and modern functionality with luxury and refinement in every detail. This property has been meticulously transformed, featuring the finest materials, cutting-edge design, and conscientious craftsmanship. The flexible floor plan, paired with a detached ADU (Accessory Dwelling Unit), provides endless possibilities. Whether you're a first-time buyer ready to take advantage of favorable interest rates or an investor seeking a prime opportunity for income, this home delivers. Use the detached guest house, complete with a full kitchen, one bedroom, and one bathroom to offset the mortgage; it generates significant additional AirBnB income. Perfect for short or long-term rentals, thanks to its proximity to Universal Studios, Burbank studios, Hollywood, and downtown LA. A transplanted New Yorker shooting a show at CBS Radford will love this place. The guest house could also serve as a chic home office, private gym, or creative studio. The secure, gated entrance and elevated garage provide both privacy and ease, with rear access to the property along a long, private driveway. Inside, the open-concept floor plan flows between the family and dining rooms, looking out to a gorgeous view of the tranquil, shaded patio beneath a canopy of majestic oak trees. The sleek modern fixtures and finishes are bathed by the abundant natural light streaming throughout the house all during the day, whilst surrounded by lush character-rich trees around the entire perimeter of the property. The front great room is warmed by a lovely fireplace. The rear yard also has multiple discrete areas to chill, serenade guitar sing-alongs and roast s'mores by the fire pits. This perfect jewel is perfectly priced for a quick sale.

Details

Property type

Single Family Residence

Est. home value

$2,139,469

Property condition

Updated/Remodeled

Lot size

0.2583 acres

Price per sq ft

$865

Year built

1992

HOA

No

Price History

09/26/2024
CLAW

CLAW #24444909

Listed
$1,988,000
+52.92%
06/23/2022
CLAW

CLAW #22155051

Sold
$1,300,000

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$937,031
Asking price
$1,988,000
Closing costs (~8% of asking)
-$159,040
Est. remaining loan balance
-$891,929
Cash to seller
$937,031

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

Seller’s Loan History

Lender

Arc Home Llc

Loan start date

February 2024

Original loan amount

$900,000

Est. remaining balance

$891,929

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Itzhak Firouzman and Genous Firouzman

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: 12/23/2024 at 2:45 AM

Listing updated: 12/18/2024 at 10:05 PM

Listed by: Craig Knizek, The Agency Phone #: (424) 230-3700

MLS: CLAW #24444909

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