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$1,285,000

Beds
4
Baths
4.0
sq ft
1,795

4068 Sutro Ave, Los Angeles, CA 90008

4068 Sutro Ave

Los Angeles, CA 90008

  • 69 days on market
SELLER IS MOTIVATED TO SELL. Property is eligible for up to a $50,000 grant from City National Bank that may be used for down payment, closing costs or buying down the rate. Nestled in the vibrant heart of Leimert Park, this impeccably remodeled single-level home offers a perfect blend of modern comfort and classic appeal. Boasting three bedrooms and three bathrooms, the main house seamlessly combines functionality with style across its 1455 sq ft. Step into the inviting living spaces adorned with farmhouse wood flooring that extends throughout, creating a warm and inviting atmosphere in every room, and revel in the abundance of natural light filtering through the upgraded windows. The fully equipped kitchen showcases contemporary finishes, including quartz countertops with a waterfall edge bar, adding a touch of sophistication and functionality to the heart of the home. The primary bedroom features an en-suite bath for added convenience, completing the seamless integration of modern design elements and classic comfort. Adding to the ambiance, a fireplace in the main living area provides a welcoming focal point, perfect for gathering with family and friends. With a new roof, plumbing, and electrical systems, this residence ensures worry-free living, and the tankless water heater adds an eco-friendly touch to everyday comfort. The allure of this home extends beyond its interiors, with French doors leading off the dining area to a patio, ideal for al fresco dining. The patio seamlessly connects indoor and outdoor spaces, creating a charming transition. Among its charming features is a thriving lemon tree and an orange tree in the backyard, adding a touch of natural beauty and homegrown freshness to the outdoor space. Additionally, the property includes a Fully Permitted Studio style ADU with its own address, 4070 Sutro Ave., providing an additional 340 sq ft of versatile living space. The ADU, complete with laminate wood flooring, features a full kitchen, stack washer/dryer, and bathroom, offering a perfect retreat for guests or potential rental income. A skylight adds to the inviting atmosphere, whether the space is used as a home office, guest suite, or rental unit. This thoughtfully updated Leimert Park residence invites you to experience the comforts of modern living, blending elegance and functionality in a turnkey property.

Details

Property type

Single Family Residence

Est. home value

$993,538

Property condition

Updated/Remodeled

Lot size

4,939 sq ft

Price per sq ft

$716

Year built

1938

HOA

No

Price History

10/26/2024
CLAW

CLAW #24416113

Listed
$1,285,000
-1.08%
07/16/2024
CLAW

CLAW #24405307

Removed
$1,299,000
06/20/2024
CLAW

CLAW #24405307

Listed
$1,299,000
-5.11%

Schools & Community

Neighborhood: 

Leimert Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

Rcn Capital Llc

Loan start date

April 2022

Original loan amount

$987,700

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial, 1 year

Seller

4215 4217 25Th Street Llc

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: 11/21/2024 at 4:50 PM

Listing updated: 11/06/2024 at 12:55 PM

Listed by: Damien Smith, Pacific Playa Realty Phone #: (310) 256-3040

MLS: CLAW #24416113

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