tomo logo

$999,000

Beds
5
sq ft
2,736

4022 Goodwin Ave, Los Angeles, CA 90039

4022 Goodwin Ave

Los Angeles, CA 90039

  • 124 days on market
    • Price drop $66,000↓
REDUCED FOR FAST SALE. SERIOUS INQUIRIES ONLY. DO NOT DISTURB TENANTS. Property being sold to liquidate an Estate. Possible court approval. Seller is a TRUST and has NO KNOWLEDGE of any written leases in existence or condition of the front house. This property features a front single family home and in the rear 3 units w/ two 1-car garages attached. 1 unit is downstairs and 2 units are upstairs. Tenants are paying under market rents. Tenants perform all their own maintenance including gardening, plumbing and rehab. Tenant in front house will not allow entry. Rear 3 units are cooperative. Rents are: $1069 + $850 + $950 + $950. Recent loan is now in default with foreclosure delayed till 7/31/2024. This must be a quick clean sale (cash preferred) with enough funds to pay off the existing loan(s), commissions and closing costs and all liens, HOWEVER there is a possibility of the Lender considering a short sale. Sold strictly AS-IS and with tenants in place!

Details

Property type

Property condition

Fixer

Lot size

7,363 sq ft

Price per sq ft

$366

Year built

1912

HOA

No

Price History

05/24/2024
CLAW

CLAW #24360727

Price change
$999,000
-6.2%
05/12/2024
CLAW

CLAW #24360727

Price change
$1,065,000
-0.93%
03/07/2024
CLAW

CLAW #24360727

Price change
$1,075,000
-10.04%

Schools & Community

Neighborhood: 

Atwater Village

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Civic Financial Services Llc

Loan start date

May 2022

Original loan amount

$739,000

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Commercial, 30 year

Seller

Sandra B Demeo and The Flint Family Trust

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 7:50 AM

Listing updated: 05/31/2024 at 10:09 AM

Listed by: Jennifer Niman, Berkshire Hathaway HomeServices California Properties Phone #: (818) 528-3200

MLS: CLAW #24360727

CLAW logo