tomo logo

$1,199,000

Beds
5
Baths
3.0
sq ft
1,465

4104 Van Horne Ave, Los Angeles, CA 90032

4104 Van Horne Ave

Los Angeles, CA 90032

  • 94 days on market
    • Price drop $100,000↓
$200K Price Reduction. Two Units! Recently Remodeled/Built Single-Family House & ADU! Front Unit 2-Bedroom 1-Bath House is an AIRBNB Rental, Licensed and fully remodeled in 2023 (Currently averaging about $6,000 in monthly revenue for front unit - revenue & expenses report available). Rear ADU is a 3-Bedroom 2-Bath Unit newly built in 2024. Live in one, AIRBNB the other! This charming El Sereno corner lot home boasts a range of modern upgrades, such as Solar Panels, making it a comfortable and stylish residence with potential for additional income from the attached ADU or Main House. Tastefully designed, this property creates a fresh and inviting atmosphere throughout. The main house (700 Sq. Ft) is comprised of two bedrooms and one bathroom, with the attached ADU (765 Sq. Feet) with 3 bedroom and 2 bath. Situated on a large (7,083 Sq. Ft) corner lot. The exterior of the house is equally impressive; apart from great shading from mature trees, the property features a private patio and backyard, providing a perfect setting for both everyday living and entertaining family and guests. Beyond the property boundaries, the location is a key highlight. Adjacent to South Pasadena and Alhambra, you also have easy access to a variety of shops, restaurants, and surrounding areas. The convenience is further enhanced by the very easy freeway access to the 10 & 110 Freeways, allowing you to explore the wider region with ease. PLEASE NOTE: Solar Panel Tax Credit will be transferred to buyer so he can claim the credit in their taxes (Tax credit amount $7,000-$8,000) Contact us today to schedule a showing!

Details

Property type

Single Family Residence

Est. home value

$669,127

Property condition

New Construction

Lot size

7,083 sq ft

Price per sq ft

$819

Year built

2023

Price History

05/16/2024
CRMLS

CRMLS #MB24038322

Price change
$1,199,000
-7.7%
04/22/2024
CRMLS

CRMLS #MB24038322

Price change
$1,299,000
-7.15%
03/31/2024
CRMLS

CRMLS #MB24038322

Listed
$1,399,000
+174.31%

Schools & Community

Neighborhood: 

El Sereno

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

American Private Lending Fund I Llc

Loan start date

January 2024

Original loan amount

$775,590

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Commercial, 1 year

Seller

Rc Secure Investments 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: 07/02/2024 at 10:45 PM

Listing updated: 06/06/2024 at 9:14 AM

Listed by: RUBEN SANCHEZ, SOURCE REALTY GROUP Phone #: (323) 240-4433

MLS: CRMLS #MB24038322

CRMLS logo

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