tomo logo

$898,000

Beds
2
Baths
2.0
sq ft
1,320

5806 Waring Ave Unit 5, Los Angeles, CA 90038

5806 Waring Ave Unit 5

Los Angeles, CA 90038

  • 9 days on market
    • Open house Nov 17
Low HOA dues + strong reserves. Enviably-located adjacent to Larchmont Village and Paramount Studios, stands this modern 15-unit architectural loft-style community designed by architect, Jay Vanos, in 2007. This striking 2 BD / 2BA + loft urban retreat juxtaposes polished concrete floors downstairs + warm maple wood floors upstairs within a generous open floor plan feat. industrial floor-to-ceiling windows flooding the space with an abundance of natural light throughout the day. A spacious front patio and an additional charming rear patio cater to both a desire to entertain and a desire for a private hideaway. The first floor offers ample living space with 17-ft ceilings, a kitchen featuring Italian cabinetry and under-cabinet lighting and 1 BD / 1 BA. Retreat upstairs to the second level complete with the primary bedroom, primary bath and a bonus loft that can flex as an office/workout room/game room/den. In-unit laundry (hook-ups only), 2 tandem parking spaces within a subterranean gated garage outfitted with 220v outlets in garage for EV charging complete a convenient modern-day lifestyle. HOA dues include water, trash, building maintenance, landscaping, building insurance and access to 5 guest parking spaces. Enjoy easy access to the trendy shops and neighborhood eateries along Larchmont Blvd and Melrose, including Kali, Tonchin, Larchmont Pizzeria, Levain Bakery, Salt & Straw, Jeni's Ice Cream, Larchmont Wine & Cheese, Great White, Go Get Em Tiger, Clark Street Bakery, La Bettola di Terroni, and so many more.

Details

Property type

Condominium

Est. home value

$1,029,506

Lot size

0.2861 acres

Price per sq ft

$681

Year built

2007

Monthly HOA fee

$375

Price History

11/06/2024
CLAW

CLAW #24435981

Listed
$898,000
-11.96%
06/06/2022
CLAW

CLAW #22146653

Sold
$1,020,000

Schools & Community

Neighborhood: 

Hollywood

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

$140,087
Asking price
$898,000
Closing costs (~8% of asking)
-$71,840
Est. remaining loan balance
-$686,073
Cash to seller
$140,087

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

May 2022

Original loan amount

$714,000

Est. remaining balance

$686,073

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Judson Morgan and Kelly A Morgan

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: 11/15/2024 at 8:45 PM

Listing updated: 11/15/2024 at 1:05 PM

Listed by: Tiffany Chin, Keller Williams Larchmont Phone #: (323) 762-2600

MLS: CLAW #24435981

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