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$1,057,298Estimated home value

Beds
3
Baths
1.75
sq ft
1,485

5743 10th Ave, Los Angeles, CA 90043

5743 10th Ave

Los Angeles, CA 90043

  • Sold On 5/27/2022
    • Price drop $40,900↓
EXCEPTING BACK UP OFFERS This charming craftsman home is ready for a new family. This 1919 original craftsman has had many components of the property restored and renovated, including the foundation, with recent renovations to the kitchen, living rooms and bedrooms. As you enter the property you will find a Brazilian Ipe wood fence that has a beautiful shine. This fence makes the property stand out and provides added security. You'll also notice an automatic gate that come with two remotes. This gate is heavy duty and was installed roughly two years ago. The gate company is available to come to the property for service if needed so that you can keep the gate working well for many years to come. You will find 3 great sized rooms. The master bedroom has been outfitted with a fully built out closet that maximizes space and efficiency and looks great. As you walk into the living room you will notice that you are getting hit with natural light from all around. The main part of the home still has it's original wood and they still have a beautiful shine to them. With a classic built in book case and a cute kitchen nook you're able to hold onto some of the original features installed by the architect who designed the property back in the early 19th century. This is a large lot with ample space for an ADU. The total lot size is 7501 sq feet! And you really get access to all of that square footage with fully functional front and back yards. This home features a long concrete driveway that goes from the sidewalk all the way to the garage in the backyard. This provides space for many cars to park on the property. This concrete was poured within the last few years. Beautiful hedges on both sides of the home add to the privacy of the property. Large wood deck in the back yard with a Pergola that adds wonderful shade, this construction was done within the last 2 years and provides additional space for outdoor activities. Original garage on property can be used to park one car or be used as a gym, work shop, yoga studio or converted to an ADU. This property is priced to sell. METRO is almost done with the new metrolink that will run from LAX to Exposition. This will further connect the city. The properties in the surrounding areas of the new transit are expected to benefit greatly. The metro station is about a 5 minute walk away. Sweet! Please contact listing agent with any questions. Property is occupied by tenants, so please contact LA for appointments to show.

Details

Property type

Single Family Residence

Est. home value

$1,057,298

Property condition

Updated/Remodeled

Lot size

7,501 sq ft

Price per sq ft

$606

Year built

1919

Price History

12/27/2024
CLAW

CLAW #24457451

Removed
$1,075,000
12/26/2024
CLAW

CLAW #24457451

Listed
$1,075,000
12/05/2024
CLAW

CLAW #24457451

Removed
$1,075,000

Schools & Community

Neighborhood: 

Hyde Park

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

-$71,386
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$898,466
Cash to seller
-$71,386

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

April 2022

Original loan amount

$946,275

Est. remaining balance

$898,466

Interest rate

3.76%

Loan type

VA, 30 year

Seller

Tony K Molina and Valerie Mary Molina

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: Off Market

Tomo last checked: 12/27/2024 at 1:40 PM

Listing updated: 11/03/2022 at 5:52 PM

Listed by: Kenneth Taitt, View Park Realty Group Phone #: (310) 270-6546

MLS: CLAW #22125755

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