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$2,299,000

Beds
3
Baths
2.0
sq ft
2,096

5545 Tuxedo Ter, Los Angeles, CA 90068

5545 Tuxedo Ter

Los Angeles, CA 90068

  • 52 days on market
    • Price drop $300,000↓
The property is located in the Los Feliz Oaks neighborhood, which is known for its scenic views and proximity to various attractions. This refined hillside home offers a unique opportunity for potential buyers looking for a residence that combines comfort with stunning natural beauty. The home is situated close to several notable landmarks: Griffith Observatory, a popular destination for both tourist and locals, offering educational exhibits and breathtaking views of the city; Hollywood Sign, an iconic symbol of the entertainment industry, easily accessible from this neighborhood; Franklin's Village, known for its trendy restaurants and shopping areas, providing residents with convenient access to dining and retail options; Gelson's Market, a grocery store less than one mile away, ensuring easy access to everyday necessities. The location is on a plateau street, which enhances accessibility and parking convenience, making it easier for residents and guests alike. The property features; Master Bedroom: Located on the first level, featuring a private wood-fenced patio that provides an outdoor space for relaxation or entertaining. Additional Bedrooms: Two additional bedrooms are located upstairs. One of these bedrooms has direct access to the backyard, which can be beneficial for outdoor activities or gardening. Bathrooms: The property includes a remodeled bathroom on the second level, enhancing modern living standards. Living Spaces: The second level comprises the kitchen along with a kitchenette that leads to the backyard. This layout allows for flexibility in meal preparation and entertaining guests. The dining room and living room are also locate on this level, which promotes social interaction. Windows and Lighting: Newer vinyl windows and sliding doors have been installed throughout the home, contributing to energy efficiency while allowing ample natural light. Scraped ceilings and recessed lighting add a modern touch to the interior design. Garage and Parking: An attached two-car garage provides off-street parking options which is particularly valuable in urban settings. Overall, this property combines desirable features such as location, modern amenities, and comfortable living spaces that makes it an attractive option for potential homeowners in Los Feliz Oaks.

Details

Property type

Single Family Residence

Est. home value

$2,760,331

Lot size

6,464 sq ft

Price per sq ft

$1,097

Year built

1962

HOA

No

Price History

11/04/2024
CRMLS

CRMLS #DW24204012

Price change
$2,299,000
-11.54%
10/02/2024
CRMLS

CRMLS #DW24204012

Listed
$2,599,000
-13.34%
02/05/2024
CRMLS

CRMLS #CV23188475

Removed
$2,999,000

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Street Lights, Suburban

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

Crestline Funding Corp

Loan start date

November 2023

Original loan amount

$919,000

Est. remaining balance

$0

Interest rate

7.31%

Loan type

New Conventional, 1 year

Seller

Sheri Ann Hammang and Janice Marlo Tovar

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: 11/22/2024 at 6:55 PM

Listing updated: 11/14/2024 at 9:50 PM

Listed by: Juan Serrano, Odyssey Realty Group Phone #: (562) 843-9345

MLS: CRMLS #DW24204012

CRMLS logo

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