tomo logo

$799,000

Beds
3
Baths
2.0
sq ft
1,152

476 Margaret Ave, Los Angeles, CA 90022

476 Margaret Ave

East Los Angeles, CA 90022

  • Pending
This updated Spanish style house offers 3 bedrooms, 2 bathrooms, 2 living spaces, and outdoor areas custom for entertainment. Smart landscaping has been installed for easy maintenance, the front driveway was tastefully expanded to fit up to 5 cars, and the back yard offers a beautiful, covered patio for outdoor dining. The home is dog friendly with a secure doggy door, private outdoor space for your fur baby to have space of its own, and water-resistant/dog friendly luxury vinyl flooring throughout. The exterior was painted, the interior floor was replaced throughout, and eco-friendly mini-splits in every room were all installed in the last three years. Lastly, the two living spaces and large garage make this ideal for anyone interested in having roommates or converting it into a duplex or triplex. This property is truly a gem in the middle of the city offering ideal living for any desire.

Details

Property type

Single Family Residence

Est. home value

$794,056

Lot size

5,035 sq ft

Price per sq ft

$694

Year built

1926

Price History

09/05/2024
CRMLS

CRMLS #PW24172323

Pending
$799,000
08/20/2024
CRMLS

CRMLS #PW24172323

Listed
$799,000
+6.53%
01/12/2022
CRMLS

CRMLS #MB21257360

Sold
$750,000
+50%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

$263,911
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$471,169
Cash to seller
$263,911

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

December 2021

Original loan amount

$500,000

Est. remaining balance

$471,169

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Antonio F Raddi

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: Pending/Under Contract

Tomo last checked: 09/16/2024 at 8:35 AM

Listing updated: 09/05/2024 at 4:01 PM

Listed by: Jessica Alvarenga, Re/Max Powerhouse Phone #: (714) 274-7024

MLS: CRMLS #PW24172323

CRMLS logo

Recently listed in East Los Angeles