tomo logo

$1,298,000

Beds
4
Baths
2.75
sq ft
1,921

5218 Sumner Ave, Los Angeles, CA 90041

5218 Sumner Ave

Los Angeles, CA 90041

  • Pending
    • Price drop $100,000↓
PRICE REDUCED!! Discover this charming 3-bedroom, 2-bath home in the heart of Eagle Rock, complete with a separate 1-bedroom, 1-bath ADU. The main house boasts a stunning Batchelder-tiled fireplace in the living room, adding a touch of historical elegance. The modern kitchen features sleek finishes and a convection oven, perfect for culinary enthusiasts. The primary bedroom offers a private sanctuary with an en-suite bath and direct access to a deck, ideal for morning coffee or stargazing. The 460 sq ft ADU, with its own address, provides great rental potential or can serve as a guest suite or private workspace. It includes a full kitchen, laundry hookups, and a private entrance, making it versatile for various needs. The spacious backyard offers a blank canvas for your landscaping dreams or an outdoor entertainment area. Located across from Eagle Rock Mall, you'll enjoy convenient access to dining, shopping, and entertainment. Easy freeway access for a quick commute to downtown Los Angeles, Dodgers Stadium, Griffith Observatory, Universal Studios, and the 2028 Summer Olympics! This property combines historical charm with modern amenities, offering a unique investment opportunity or the perfect place to create your dream home in Eagle Rock. Don’t miss out!

Details

Property type

Single Family Residence

Est. home value

$1,605,158

Property condition

Updated/Remodeled

Lot size

6,648 sq ft

Price per sq ft

$676

Year built

1921

Price History

09/24/2024
CRMLS

CRMLS #OC24135858

Pending
$1,298,000
08/27/2024
CRMLS

CRMLS #OC24135858

Price change
$1,298,000
-7.15%
07/03/2024
CRMLS

CRMLS #OC24135858

Listed
$1,398,000
-3.45%

Schools & Community

Neighborhood: 

Eagle Rock

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Merchants Funding Az Llc

Loan start date

September 2020

Original loan amount

$776,000

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Commercial

Seller

Junkers2Jewels A California Llc

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: Pending/Under Contract

Tomo last checked: 10/04/2024 at 5:45 PM

Listing updated: 10/03/2024 at 5:11 PM

Listed by: Janeth Boctor, Fortune Weavers Realty Inc. Phone #: (562) 761-2721

MLS: CRMLS #OC24135858

CRMLS logo

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