tomo logo

$1,250,000

Beds
4
Baths
3.0
sq ft
1,625

408 N La Fayette Park Pl, Los Angeles, CA 90026

408 N La Fayette Park Pl

Los Angeles, CA 90026

  • 4 days on market
    • Open house Jun 29
Welcome to an exceptional opportunity on the edge of Silver Lake and Hi-Fi! This vacant front house features a spacious 3-bedroom, 2-bathroom layout with vaulted ceilings, creating a bright and expansive feel throughout. Step inside to discover a home designed for modern living, where the vaulted ceilings enhance the open atmosphere. Each bedroom offers comfort and privacy, making it ideal for families or those who love to entertain. Adding to its allure is a separate 1-bedroom, 1-bathroom guest house currently generating $2,750 per month in rental income. This additional dwelling is perfect for generating supplemental income or accommodating guests and family members with privacy and comfort. Located in a sought-after area between Silver Lake and Hi-Fi, this property offers easy access to vibrant city life, beautiful parks, and a variety of dining and entertainment options. Whether you're seeking an investment property or a multi-functional living space, this home provides endless possibilities.Don't miss out on this rare opportunity to own a property in such a prime location. Schedule a showing today to experience everything this home has to offer!

Details

Property type

Single Family Residence

Est. home value

$1,360,342

Property condition

Updated/Remodeled

Lot size

6,244 sq ft

Price per sq ft

$770

Year built

1922

HOA

No

Price History

06/24/2024
CLAW

CLAW #23277343

Listed
$1,250,000
+26.26%
08/09/2017
CLAW

CLAW #17239814

Sold
$990,000

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Mufg Union Bank Na

Loan start date

June 2017

Original loan amount

$742,500

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

John M Hedlund and Sonja E Hedlund

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: 06/29/2024 at 5:15 AM

Listing updated: 06/24/2024 at 7:13 PM

Listed by: Colt Maloney, Figure 8 Realty Phone #: (213) 537-0114

MLS: CLAW #23277343

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