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$592,242Estimated home value

Beds
1
Baths
1.5
sq ft
992

5036 E Echo St Unit 22, Los Angeles, CA 90042

5036 E Echo St Unit 22

Los Angeles, CA 90042

  • Sold On 8/23/2024
Situated in the vibrant Highland Park neighborhood, you are close to local favorites like Hippo, Kitchen Mouse, and Triple Beam Pizza and just moments from LA’s coffee culture hot spots such as Civil Coffee, Kindness & Mischief, Go Get Em Tiger. Modern comforts abound in this large light filled 1 bed 1.5 bath townhouse. On the first floor you'll find a kitchen with butcher block counters and bar top seating just beyond the powder room. The living room opens onto a private patio, perfect for summer evening dinners or morning coffee. Upstairs, there's a bonus space ideal for an office, reading nook, or yoga area. The extra-large bedroom has beautiful mountain views of Montecito Heights and Debs Park. The unit has a Nest thermostat, in-unit laundry, and 2 tandem parking spaces. Building amenities include gated entry, pool, spa, and picnic area. Located near all the fun Highland Park has to offer. With easy access to the Metro Gold Line, Downtown and the 110 and 5 freeways, commuting is a breeze. Debs Park is moments away for hiking and relaxing. Embrace the lively lifestyle and charm of Highland Park in your new home!

Details

Property type

Townhouse

Est. home value

$592,242

Lot size

2.1504 acres

Price per sq ft

$540

Year built

1984

Monthly HOA fee

$463.04

Price History

08/23/2024
CRMLS

CRMLS #SR24150254

Sold
$569,000
+6.36%
08/02/2024
CRMLS

CRMLS #SR24150254

Pending
$535,000
07/24/2024
CRMLS

CRMLS #SR24150254

Listed
$535,000
+15.05%

Schools & Community

Neighborhood: 

Highland Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Park, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

67

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

$107,206
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$384,994
Cash to seller
$107,206

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

February 2021

Original loan amount

$418,500

Est. remaining balance

$384,994

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Christine Barron

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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4310 Raynol St, Los Angeles, CA 90032

Status: Off Market

Tomo last checked: 09/07/2024 at 6:10 PM

Listing updated: 08/23/2024 at 9:40 PM

Listed by: Natalie Alchadeff, Equity Union Phone #: (818) 989-2000

MLS: CRMLS #SR24150254

CRMLS logo

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