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$875,000

Beds
3
sq ft
1,568

5101 Roseland St, Los Angeles, CA 90016

5101 Roseland St

Los Angeles, CA 90016

  • 38 days on market
One issued active ADU permit with working drawings upon request. Excellent location4800 sq ft lot R1.5 1 story building in the West Adams area of LA. 3 unit building consists of (Three) 1 Bedroom/1Bathroom units and separate garages. Possible development potential. Each unit is separately metered and has its own individual water heater. Current rents below market, giving add values. The West Adams Neighborhood is a rapidly growing urban area with the LA Metro Rail providing great access. Tier 3 TOC.

Details

Property type

Est. home value

$784,872

Lot size

4,800 sq ft

Price per sq ft

$559

Year built

1949

HOA

No

Price History

05/24/2024
CLAW

CLAW #24395519

Listed
$875,000
+59.09%
04/04/2017
CLAW

CLAW #16171630

Sold
$550,000

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$505,990
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$299,010
Cash to seller
$505,990

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

Seller’s Loan History

Lender

Mufg Union Bank Na

Loan start date

January 2017

Original loan amount

$350,000

Est. remaining balance

$299,010

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Yoshio Shima Shigenobu

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: 07/01/2024 at 8:40 AM

Listing updated: 06/18/2024 at 12:43 PM

Listed by: John Paul Brozyna, Berkshire Hathaway HomeServices California Properties Phone #: (310) 207-7080

MLS: CLAW #24395519

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