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$755,000

Beds
3
Baths
1.0
sq ft
1,326

4954 W 118th St, Hawthorne, CA 90250

4954 W 118th St

Hawthorne, CA 90250

  • 473 days on market
    • Price drop $20,000↓
ATTENTION: Investors and portfolio builders! This is a huge opportunity to own an income producing property in the incredibly desirable and ever growing area of Hawthorne! Offering big curb appeal, this corner property is beautifully manicured with a rose garden and landscaping. The oversized driveway and parking area allow multiple cars to comfortably share a drive way. The home has been reimagined and optimized for maximal rental potential. Located moments from restaurants, elementary and high schools, LAX, and the 405 and 105 freeways, this is the ideal location. This gem is waiting to be a part of your growing portfolio, call today before its too late!

Details

Property type

Single Family Residence

Est. home value

$902,283

Lot size

5,014 sq ft

Price per sq ft

$570

Year built

1947

Price History

04/29/2024
CRMLS

CRMLS #SR23109087

Listed
$755,000
04/17/2024
CRMLS

CRMLS #SR23109087

Pending
$755,000
06/20/2023
CRMLS

CRMLS #SR23109087

Listed
$755,000
+31.3%

Schools & Community

Neighborhood: 

North West Hawthorne

Elementary school: 

Unknown

Middle school: 

Hawthorne

High school: 

Lawndale

Community features: 

Street Lights

High school district: 

Hawthorne

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

$199,311
Asking price
$755,000
Closing costs (~8% of asking)
-$60,400
Est. remaining loan balance
-$495,289
Cash to seller
$199,311

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

January 2020

Original loan amount

$546,250

Est. remaining balance

$495,289

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Mauricio A Canas

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: 10/04/2024 at 10:15 PM

Listing updated: 09/30/2024 at 10:12 PM

Listed by: Jenny Segovia, Segovia Real Estate Group Phone #: (818) 668-8768

MLS: CRMLS #SR23109087

CRMLS logo

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