tomo logo

$675,000

Beds
1
Baths
1.0
sq ft
786

550 N Croft Ave Unit 8, West Hollywood, CA 90048

550 N Croft Ave Unit 8

West Hollywood, CA 90048

  • 4 days on market
STYLISH AND FULLY REMODLED UPPER CONDO IN WEST HOLLYWOOD. Located on a beautiful street just two blocks from world famous Melrose Place in West Hollywood, this fully renovated one bedroom, one bathroom upper unit condo is the one you've been waiting for. Features include a fully renovated bathroom and kitchen with quartz counters and stainless-steel appliances, ample closet space, a generous private balcony, wall AC unit, a large secure private storage unit and gated garage parking with a free community laundry room. Additional nearby location amenities include Melrose Place Sunday Farmers Market, Melrose Design District shopping and top restaurants located on Melrose Ave, Beverly Blvd and 3rd St.

Details

Property type

Condominium

Est. home value

$575,858

Lot size

6,511 sq ft

Price per sq ft

$859

Year built

1960

Monthly HOA fee

$500

Price History

02/28/2025
CLAW

CLAW #25504789

Listed
$675,000

Schools & Community

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

$603,139
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$17,861
Cash to seller
$603,139

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

Seller’s Loan History

Lender

Cu Mtg Corp

Loan start date

October 1999

Original loan amount

$53,000

Est. remaining balance

$17,861

Interest rate

7.8%

Loan type

Not Provided, 30 year

Seller

William J Panza

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: 03/04/2025 at 12:20 AM

Listing updated: 02/28/2025 at 12:25 PM

Listed by: Allison Schwarz, Compass Phone #: (310) 230-5478

MLS: CLAW #25504789

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