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$1,099,000

Beds
4
Baths
2.5
sq ft
1,443

5511 S St Andrews Pl, Los Angeles, CA 90062

5511 S St Andrews Pl

Los Angeles, CA 90062

  • 51 days on market
    • Open house Feb 23
Beautifully Renovated Home on a Stunning Street- Endless Possibilities! Discover this beautifully updated 4-bedroom, 3-bathroom home situated on an expansive 9,513 sq. ft. lot. Move-in ready and perfect for those seeking a dream home or a smart investment opportunity. Key Features: * Spacious Lot: Ample room for potential expansion with up to 5 units, or create your own backyard oasis for gardening, entertaining, or both. * Modern Updates: All-new roof, kitchen, and bathrooms. * Efficiency & Comfort: New tank-less water heater, central heating and air conditioning with new ducts, and upgraded insulation throughout. * Quality Upgrades: New flooring, electrical wiring with a 200-amp main panel, PEX and ABS plumbing, and durable exterior concrete siding. * Enhanced Windows: Updated vinyl windows for energy efficiency and style. * Convenience: Gated alley access at the back of the property for added versatility. Seller can provide preliminary drawings for transforming this property into a 5-unit investment opportunity. This home offers both a luxurious lifestyle and incredible potential. Don't miss out!

Details

Property type

Single Family Residence

Est. home value

$727,765

Property condition

Updated/Remodeled

Lot size

9,515 sq ft

Price per sq ft

$762

Year built

1915

HOA

No

Price History

01/02/2025
CLAW

CLAW #25475867

Listed
$1,099,000
+55.89%
02/08/2024
CRMLS

CRMLS #PW23113871

Sold
$705,000
+0.71%
12/20/2023
CRMLS

CRMLS #PW23113871

Pending
$700,000

Schools & Community

Neighborhood: 

South Los Angeles

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

$454,766
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$556,314
Cash to seller
$454,766

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

February 2024

Original loan amount

$562,400

Est. remaining balance

$556,314

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

48Th Place 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: Active

Tomo last checked: 02/22/2025 at 6:10 PM

Listing updated: 02/19/2025 at 4:00 PM

Listed by: Benjamin Shamouelian, Exclusive Realty Inc Phone #: (424) 248-0224

MLS: CLAW #25475867

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