tomo logo

$990,000

Beds
6
sq ft
3,558

4112 Dalton Ave, Los Angeles, CA 90062

4112 Dalton Ave

Los Angeles, CA 90062

  • 59 days on market
Incredible investment opportunity!! Great potential upside,great looking property in a quiet neighborhood with a fresh breeze.Property is currently legally 4 units(3,558sf) and 1 ADU 3rd floor unit(app.1,000sf),but one of the previous owner converted 4 units into 2units.As a result, 1st floor unit is currently rented for $1,694(3+1+own laundry room)) and 2nd floor unit is $1,591(3+2+own laundry room), and ADU unit is vacancy(recently,the seller receved official permission from City of LA as an ADU for a 3rd floor unit that was not authorized).Property has a full basement with a lots of strage space and huge back yard that for new owner's potential.To comply with city regulation,2nd floor front balcony and the stair case at the back of the property were replaced and finished new painting the exterior.Close to Fwy 110,10 & Expo Line,minutes from USC,Exposition Park,LA Coliseum,SoFi Stadium,BMO stadium,future Clippers Arena.A new owner with the opportunity will easily become the owner of a large building that brings a huge income,Don't miss out on this rare opportunity!!

Details

Property type

Est. home value

$1,245,099

Lot size

6,694 sq ft

Price per sq ft

$279

Year built

1916

HOA

No

Price History

07/22/2024
CLAW

CLAW #24415737

Listed
$990,000
-17.43%
06/21/2024
CLAW

CLAW #23329499

Removed
$1,199,000
05/27/2024
CLAW

CLAW #23329499

Price change
$1,199,000
-4%

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

$606,958
Asking price
$990,000
Closing costs (~8% of asking)
-$79,200
Est. remaining loan balance
-$303,842
Cash to seller
$606,958

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

Seller’s Loan History

Lender

New Wave Lending Group Inc

Loan start date

January 2020

Original loan amount

$335,000

Est. remaining balance

$303,842

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Kyoung Ho Seo and Chun Ja Yang

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 AM

Listing updated: 08/28/2024 at 9:20 AM

Listed by: Scott Jin Kim, New Star Realty Phone #: (213) 385-4989

MLS: CLAW #24415737

CLAW logo

Recently listed in Los Angeles

$2,550,000|3 bd|3.0 ba|House
$1,875,000|3 bd|3.5 ba|House
$795,000|1 bd|1.0 ba|House
$1,499,000|3 bd|1.75 ba|House
$1,850,000|6 bd|6.0 ba|House
$22,950,000|8 bd|15.0 ba|House
$1,499,000|3 bd|3.0 ba|House
$2,500,000|3 bd|3.0 ba|House