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$2,379,000

Beds
16
sq ft
5,624

4400 W Washington Blvd, Los Angeles, CA 90016

4400 W Washington Blvd

Los Angeles, CA 90016

  • 35 days on market
We are pleased to present this 5-unit offering in Wellington Square, a historic and great community on the corner of Virginia Road and Washington Blvd. The property has an excellent unit mix consisting of (2) 4 Bed/2 Bath, (2) 3 Bed/1 1/2 Bath, and (1) 2 Bed/1 Bath. All units have wall A/C and central heating. The subject property sits on a 10,359-square-foot corner lot zoned LAR3, built in 1983 (non-rent-controlled building), with individual electric, gas meters, and water heaters. The building is well-maintained and features on-site laundry, 10 parking spaces, and 3 covered spaces. There is NO soft-story parking required. This is an excellent value-add opportunity for an investor.

Details

Property type

Est. home value

$2,301,064

Lot size

0.2378 acres

Price per sq ft

$424

Year built

1983

HOA

No

Price History

02/26/2025
CLAW

CLAW #25503451

Listed
$2,379,000
-5.6%
07/23/2024
CLAW

CLAW #24350193

Removed
$2,520,000
03/06/2024
CLAW

CLAW #24350193

Price change
$2,520,000
-3.08%

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Luther Burbank Savings

Loan start date

December 2020

Original loan amount

$1,319,500

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Commercial

Seller

Basilio Sanglyong Cha

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: 04/01/2025 at 8:00 PM

Listing updated: 03/24/2025 at 12:26 PM

Listed by: Andrew Cha, Andrew Cha Phone #: (213) 305-5636

MLS: CLAW #25503451

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