tomo logo

$2,695,000

Beds
3
Baths
2.0
sq ft
2,297

448 N Laurel Ave, Los Angeles, CA 90048

448 N Laurel Ave

Los Angeles, CA 90048

  • 264 days on market
Newly remodeled with tons of recent upgrades. Life happens when you make plans, Owner did NOT move-in after completion and presents this unbelievable offering way below renovation costs. Must see this one-of-a-kind private sanctuary within the heart of LA. This exquisite 1930's Spanish Colonial Updated home is a harmonious blend of vintage charm and modern upgrades, offering the perfect balance of style and comfort. With 3 bedrooms, 2 bathrooms, and a wealth of luxurious features, this home offers the perfect combination of comfort and style. From the hardwood floors and illuminating skylight to the epicurean kitchen with stainless steel appliances, gourmet fridge, built-in shelves, writer's desk, wine rack and stone countertops, every detail has been carefully curated. The spacious living room boasts original details, recessed speaker system, fireplace, and shuttered window treatments, creating a warm and inviting atmosphere. A Primary Suite complete with brand new massive 5 star bath and finished walk-in Closet design the size of a bedroom. Step outside and discover a lush, tropical backyard complete with a fire pit and mature hedges for ultimate privacy. French doors open to tiled patios in the front and rear yards, perfect for outdoor dining or entertaining. PLUS BONUS ADU,The 327 sqft garage conversion has an array of uses, from Studio/Office, Media/Game room, Home Theater, Recording Studio, Live streamer, YouTuber, Podcasting or Home Gym with a bonus adjacent storage room. Gated extended driveway, wonderful for loads of onsight parking and Tesla compatible charging station. With its prime location off iconic Melrose Ave, one of LA's most trendy neighborhoods, you'll have easy access to The Grove, West Third Street, Farmer's Market, and the entire Melrose District. Plus, you'll be just a short distance away from Cedars Sinai, Beverly Hills, and all the incredible lifestyle that LA has to offer.

Details

Property type

Single Family Residence

Est. home value

$2,638,515

Lot size

6,540 sq ft

Price per sq ft

$1,174

Year built

1934

Price History

04/23/2024
CLAW

CLAW #23316841

Listed
$2,695,000
03/26/2024
CLAW

CLAW #23316841

Removed
$2,695,000
01/19/2024
CLAW

CLAW #23316841

Listed
$2,695,000
+3.65%

Schools & Community

Neighborhood: 

Mid City West

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

$1,540,042
Asking price
$2,695,000
Closing costs (~8% of asking)
-$215,600
Est. remaining loan balance
-$939,358
Cash to seller
$1,540,042

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2022

Original loan amount

$970,000

Est. remaining balance

$939,358

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Cassidy Wilder

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: 07/03/2024 at 7:30 AM

Listing updated: 04/23/2024 at 9:22 PM

Listed by: Timothy Di Prizito, Christie's AKG Phone #: (424) 249-7162

MLS: CLAW #23316841

CLAW logo

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