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$1,050,000

Beds
5
sq ft
2,833

4100 Denker Ave, Los Angeles, CA 90062

4100 Denker Ave

Los Angeles, CA 90062

  • 117 days on market
    • Price drop $30,000↓
MAJOR PRICE REDUCTION - EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE! This terrific well-maintained Craftsman-style triplex with great curb appeal is located near USC/Exposition Park. It consists of two separate structures - front duplex with two large side-by-side two-story units, each with two bedrooms and one and a half bathrooms and about 1,090sf. And one detached one-bedroom and one-bathroom unit in the back above three single-car garages. The units are separately metered for gas and electricity. Each unit has its own water heater. All units have washer/dryer inside. There are three one-car garages and additional parking for about 6 cars. Recent capital improvements include copper plumbing. The property provides a huge 35% upside potential in rents and low maintenance. Fantastic location near USC, LA Memorial Coliseum, Natural History Museum, Exposition Park, SoFi Stadium, Downtown LA Live Hub, public transportation, new metro lines, schools, libraries, hospitals, shopping centers entertainment & more! Easy access to 10 and 110 freeways. All units are tenant-occupied and will be delivered tenant-occupied. All tenants are Section 8. DRIVE BY ONLY. Offers subject to interior inspection. Please DO NOT disturb tenants.

Details

Property type

Est. home value

$835,617

Lot size

6,795 sq ft

Price per sq ft

$371

Year built

1929

HOA

No

Price History

08/27/2024
CLAW

CLAW #24396561

Price change
$1,050,000
-2.78%
07/05/2024
CLAW

CLAW #24396561

Price change
$1,080,000
-3.49%
06/24/2024
CLAW

CLAW #24396561

Price change
$1,119,000
-4.28%

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$153,911
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$812,089
Cash to seller
$153,911

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

Seller’s Loan History

Lender

Barrett Financial Group Llc

Loan start date

April 2022

Original loan amount

$850,000

Est. remaining balance

$812,089

Interest rate

3.89%

Loan type

VA, 30 year

Seller

Thomas Henry Mabson Jr and Thomas Henry Mabson Jr Family Rlt

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: 09/20/2024 at 9:35 PM

Listing updated: 08/27/2024 at 11:42 AM

Listed by: Louis Perez, Tradewind Realty Phone #: (310) 717-1592

MLS: CLAW #24396561

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