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$749,999

Beds
2
Baths
1.0
sq ft
676

5023 O Sullivan Dr, Los Angeles, CA 90032

5023 O Sullivan Dr

Los Angeles, CA 90032

  • 58 days on market
    • Price drop $10,000↓
Experience hillside living at its finest in this recently remodeled 2-bedroom, 1-bathroom home in the desirable University Hills Neighborhood of El Sereno. With 676 square feet of cozy living space, this property features a stunning wrap-around deck that offers breathtaking city and hillside views—perfect for outdoor gatherings, BBQs, and al fresco dining. Completely updated in 2023, this turnkey home is ready for you to move in and enjoy. Plus, on-site driveway parking ensures convenience for you and your guests. Don’t miss the opportunity to make this charming retreat your own!

Details

Property type

Single Family Residence

Est. home value

$766,913

Lot size

5,089 sq ft

Price per sq ft

$1,110

Year built

1930

Price History

10/19/2024
CRMLS

CRMLS #MB24188181

Price change
$749,999
-1.32%
10/08/2024
CRMLS

CRMLS #MB24188181

Price change
$759,999
-1.94%
09/25/2024
CRMLS

CRMLS #MB24188181

Listed
$774,999
+59.79%

Schools & Community

Neighborhood: 

University Hills

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

$139,267
Asking price
$749,999
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$550,732
Cash to seller
$139,267

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

February 2023

Original loan amount

$562,500

Est. remaining balance

$550,732

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Raymond Chacon

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: 11/21/2024 at 6:00 PM

Listing updated: 10/20/2024 at 2:30 PM

Listed by: RUBEN SANCHEZ, SOURCE REALTY GROUP Phone #: (323) 240-4433

MLS: CRMLS #MB24188181

CRMLS logo

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