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$4,600,000

Beds
27
sq ft
17,030

4024 Nicolet Ave, Los Angeles, CA 90008

4024 Nicolet Ave

Los Angeles, CA 90008

  • 129 days on market
Calling All Investors! 10.88 GRM and 5.68% CAP Rate at asking! Terrific Unit Mix of 13-1Bed + 1 Bath Units and 7-2Bed + 2 Bath Units. Secure Entry with On-Site Parking and On-Site Laundry. Soft Story Retrofit Completed. Potential Rental Upside in High Demand Rental Location! Well maintained property!

Details

Property type

Est. home value

$4,784,969

Lot size

0.3588 acres

Price per sq ft

$271

Year built

1958

Price History

02/22/2024
CLAW

CLAW #24361189

Listed
$4,600,000

Schools & Community

Neighborhood: 

Crenshaw

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

Pacific Premier Bank

Loan start date

November 2020

Original loan amount

$2,840,000

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Commercial

Seller

Perry G Wong and Julia Y Wong

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 8:45 AM

Listing updated: 03/01/2024 at 12:55 PM

Listed by: Michael Pesci, Keller Williams Studio City Phone #: (818) 432-1500

MLS: CLAW #24361189

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