tomo logo

$1,400,000

Beds
Unknown
sq ft
5,010

4600 S Central Ave, Los Angeles, CA 90011

4600 S Central Ave

Los Angeles, CA 90011

  • 397 days on market
    • Price drop $50,000↓
Rare opportunity to purchase 4-unit mix-use property. The 2 story building is configured into 2 commercial spaces on ground floor level, 5bed 2 bath on second level. Two gated driveways, parking spaces can fit 3-4 cars. Detached 3-car garage structure. Additional free standing 3bed 1 bath house at rear of property with it's own driveway. Excellent corner location provides great visibility for heavy traffic. Perfect for Owner occupied or investment purchase. Newer roof on one of the buildings. All tenants current on rents. Selling AS-IS, no repairs. Do not disturb occupants.

Details

Property type

Mixed Use

Est. home value

$704,670

Lot size

6,022 sq ft

Price per sq ft

$280

Year built

1903

Price History

04/11/2024
CRMLS

CRMLS #DW23156604

Price change
$1,400,000
-3.45%
08/21/2023
CRMLS

CRMLS #DW23156604

Listed
$1,450,000

Schools & Community

Neighborhood: 

Southeast Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

Carlos Sanchez

Loan start date

July 2008

Original loan amount

$27,500

Est. remaining balance

Not provided

Interest rate

6.09%

Loan type

Commercial

Seller

Andres Diaz and Eulalia Diaz

Lender

Interbay Funding Llc

Loan start date

May 2006

Original loan amount

$495,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Commercial, 20 year

Seller

Eulalia Diaz and Andres M Diaz

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 7:50 AM

Listing updated: 09/18/2024 at 6:59 AM

Listed by: Marie Jimenez, Century 21 Allstars Phone #: (562) 863-2121

MLS: CRMLS #DW23156604

CRMLS logo

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