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$1,095,000

Beds
4
sq ft
1,316

5346 Smiley Dr, Los Angeles, CA 90016

5346 Smiley Dr

Los Angeles, CA 90016

  • 23 days on market
FRONT UNIT IS VACANT, 3 BEDS/2 BATHS, perfect for owner user! Remodeled, 2-on-a-lot Duplex, in prime West Adams. Classic, crisp and clean, the larger owners unit is a 3bd/2ba with Central HVAC and a front yard and a master suite that opens to rear yard space and driveway. The detached 2nd unit is a 1bed/1ba, nestled near the rear yard. Thoughtfully updated with unique design elements, new floors, recessed lighting and tasteful finishes. Charming floor plans with open kitchens feature new counter tops, cabinets & stainless steel appliances. Gated, professionally landscaped and ideal for the owner/user or prime investor. Immaculate, stylish and in close proximity to Culver City, DTLA, Ktown and more. Centrally located, this thriving neighborhood continues to experience major expansion with big name employers like Amazon, Apple, Culver Studios and more. ***Photos were taken when seller purchased the property. *** FRONT UNIT IS VACANT, 3 BEDS/2 BATHS.

Details

Property type

Est. home value

$1,322,354

Property condition

Updated/Remodeled

Lot size

4,800 sq ft

Price per sq ft

$833

Year built

1936

HOA

No

Price History

08/27/2024
CLAW

CLAW #24431129

Listed
$1,095,000
-8.37%
08/23/2024
CLAW

CLAW #24375899

Removed
$1,195,000
04/25/2024
CLAW

CLAW #24375899

Price change
$1,195,000
-7.72%

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

$543,346
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$464,054
Cash to seller
$543,346

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

Seller’s Loan History

Lender

Delaware Pacific

Loan start date

April 2021

Original loan amount

$499,990

Est. remaining balance

$464,054

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Mohammed N Mapara and Hawa Mapara

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: 09/19/2024 at 11:35 PM

Listing updated: 09/05/2024 at 5:09 PM

Listed by: Cindy Lorimer, PLG Estates Phone #: (310) 788-0700

MLS: CLAW #24431129

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