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$474,999

Beds
Unknown
Baths
1.0
sq ft
790

420 S San Pedro St Unit 529, Los Angeles, CA 90013

420 S San Pedro St Unit 529

Los Angeles, CA 90013

  • 140 days on market
    • Price drop $5,000↓
Quiet open concept Little Tokyo loft with high ceilings and peaceful courtyard and sky views; rare built-in closet and plenty of storage. Walking distance to restaurants, bars, museums and shops in Little Tokyo, the Historic Core and the Arts District in vibrant Downtown Los Angeles. Little Tokyo Lofts is a peaceful sanctuary within the bustle of urban Downtown Los Angeles, reimagined from the former General Electric Elevator factory built in the 1920's. Plentiful visitor parking, sunny pool area with spa, BBQ and dog run are among the many amazing amenities.

Details

Property type

Condominium

Est. home value

$474,705

Property condition

Updated/Remodeled

Lot size

1.7537 acres

Price per sq ft

$602

Year built

1922

Monthly HOA fee

$613

Price History

09/08/2024
CLAW

CLAW #24423977

Price change
$474,999
-1.04%
08/05/2024
CLAW

CLAW #24423977

Listed
$479,999
+11.89%
04/18/2019
CRMLS

CRMLS #P0-819000823

Sold
$429,000
+28.06%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$63,813
Asking price
$474,999
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$373,186
Cash to seller
$63,813

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

Seller’s Loan History

Lender

United Wholesale Mortgage Llc

Loan start date

December 2020

Original loan amount

$409,000

Est. remaining balance

$373,186

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Markus Ploesser

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: 12/23/2024 at 3:35 PM

Listing updated: 12/04/2024 at 9:15 PM

Listed by: Wayne A. Willbur, Compass

MLS: CLAW #24423977

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