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$980,000

Beds
4
sq ft
2,280

4216 Woodlawn Ave, Los Angeles, CA 90011

4216 Woodlawn Ave

Los Angeles, CA 90011

  • 157 days on market
Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported rents are rounded to the nearest dollar. ) Long term tenant in front left unit.

Details

Property type

Est. home value

$971,914

Property condition

Updated/Remodeled

Lot size

7,128 sq ft

Price per sq ft

$430

Year built

1923

HOA

No

Price History

09/03/2024
CLAW

CLAW #24380435

Price change
$980,000
+1.55%
04/17/2024
CLAW

CLAW #24380435

Listed
$965,000
+21.38%
07/02/2020
CLAW

CLAW #20581124

Sold
$795,000

Schools & Community

Neighborhood: 

Southeast Los Angeles

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

$189,498
Asking price
$980,000
Closing costs (~8% of asking)
-$78,400
Est. remaining loan balance
-$712,102
Cash to seller
$189,498

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

June 2020

Original loan amount

$780,600

Est. remaining balance

$712,102

Interest rate

3.26%

Loan type

FHA, 30 year

Seller

James Maillet

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: 09/21/2024 at 1:25 AM

Listing updated: 09/03/2024 at 6:42 PM

Listed by: Daniel E. Rinsch, Berkshire Hathaway HomeServices California Properties Phone #: (310) 829-0629

MLS: CLAW #24380435

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