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$1,175,000

Beds
2
Baths
1.5
sq ft
1,416

4842 Fulton Ave, Sherman Oaks, CA 91423

4842 Fulton Ave

Sherman Oaks, CA 91423

  • 1 day on market
Welcome to this charming Sherman Oaks fixer upper, perfect for those with an eye for potential. This 1,400+ square foot home offers two spacious bedrooms and 1,5 bathrooms. This amiable property is housed on an impressive 7,754 square foot lot providing ample space to expand or enhance your indoor and outdoor living area. Nestled in an ideal location, this property is just minutes away from all shopping, dining, and entertainment that Sherman Oaks has to offer. The large lot is perfect for adding a pool, creating a garden oasis, or even expanding the home's footprint. The property's expansive 7,754 square foot lot offers an ideal opportunity to add an ADU, perfect for additional rental income, a guest house, or a private office/ personal space. Embrace the possibilities and imagine the future of the gem in a highly desirable neighborhood. Bring your vision to life in one of the most sought-after areas of Sherman Oaks.

Details

Property type

Single Family Residence

Est. home value

$1,103,889

Lot size

7,754 sq ft

Price per sq ft

$830

Year built

1951

HOA

No

Price History

11/07/2024
CRMLS

CRMLS #GD24229167

Listed
$1,175,000
+23.68%
10/08/2024
CRMLS

CRMLS #SR23039276

Sold
$950,000
+21.79%
01/18/2024
CRMLS

CRMLS #SR23039276

Pending
$780,000

Schools & Community

Neighborhood: 

Sherman Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$146,547
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$934,453
Cash to seller
$146,547

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

Seller’s Loan History

Lender

Ahl Funding

Loan start date

February 2022

Original loan amount

$990,000

Est. remaining balance

$934,453

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Simon Grigoryan

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: 11/08/2024 at 6:30 AM

Listing updated: 11/07/2024 at 4:29 PM

Listed by: Garik Hadjinian, Prime Capital Group, Inc. Phone #: (855) 665-9774

MLS: CRMLS #GD24229167

CRMLS logo

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