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$2,349,000

Beds
3
Baths
3.0
sq ft
1,916

525 N Stanley Ave, Los Angeles, CA 90036

525 N Stanley Ave

Los Angeles, CA 90036

  • 104 days on market
    • Price drop $150,000↓
Nestled behind lush hedges and gates, just minutes from the best of Beverly Grove / Melrose neighborhoods, lies a modernized single-story Spanish home that offers a tranquil sanctuary in the bustling heart of Los Angeles. This exquisite property has been lovingly updated, featuring three bedrooms and four baths, tailored for those who appreciate refined living. As you step through the front door, you are immediately welcomed into an open-concept layout with wood floors, a cozy fireplace, and a large arched window that bathes the room in natural light, fostering an inviting atmosphere perfect for California's quintessential lifestyle of relaxation and entertainment. The custom kitchen is equipped with state-of-the-art appliances and a separate eating nook. The primary suite has been thoughtfully reimagined, incorporating built-ins, a walk-in closet, and an en-suite spa like bathroom, offering a serene retreat where one can unwind in absolute privacy and comfort. Additionally, the home includes two more bedrooms, providing ample space for family and guests. As a bonus you will find the cabana / guest house, which is equipped with a kitchenette and bathroom. Its doors open completely to the backyard and decks, creating a seamless indoor-outdoor living space that is perfect for entertaining guests and enjoying the beautiful Los Angeles weather. The inclusion of a Control4 home automation system elevates the home's convenience with surround sound, security, and smart home technology. Residents can enjoy a modern and interconnected living experience, where comfort and peace of mind are paramount. Located between Beverly Blvd & Melrose, this neighborhood is a hotspot for some of LA's most popular shops & eateries.

Details

Property type

Single Family Residence

Est. home value

$2,462,858

Lot size

5,085 sq ft

Price per sq ft

$1,226

Year built

1927

HOA

No

Price History

05/29/2024
CLAW

CLAW #24365049

Price change
$2,349,000
-6%
03/18/2024
CLAW

CLAW #24365049

Listed
$2,499,000
+12.06%
06/30/2021
CLAW

CLAW #21723606

Sold
$2,230,000
+8.52%

Schools & Community

Neighborhood: 

Mid City West

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$703,140
Asking price
$2,349,000
Closing costs (~8% of asking)
-$187,920
Est. remaining loan balance
-$1,457,940
Cash to seller
$703,140

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

June 2021

Original loan amount

$1,561,000

Est. remaining balance

$1,457,940

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Tara Peyrache

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: 07/01/2024 at 11:00 AM

Listing updated: 06/11/2024 at 9:03 PM

Listed by: Alexis Valentin Ramos, Sotheby's International Realty Phone #: (310) 724-7000

MLS: CLAW #24365049

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