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$1,452,967Estimated home value

Beds
2
Baths
1.0
sq ft
1,396

5818 Tuxedo Ter, Los Angeles, CA 90068

5818 Tuxedo Ter

Los Angeles, CA 90068

  • Off market
    • Price drop $50,000↓
***HUGE PRICE REDUCTION***. Explore this exquisite 2-bedroom, 1-bathroom home nestled in Hollywood Hills' Historic Oaks neighborhood. Originally built in 1924 as an English Country gatehouse, it has been expertly renovated by renowned designer Joe Lucas, spotlighted in prestigious publications such as Elle Decor and Architectural Digest. Enjoy abundant natural light, a chef's kitchen, original Batchelder tiled fireplace, versatile bonus spaces, covered decks, and captivating canyon views, including the iconic Hollywood sign. This celebrity-owned property is a rare gem in LA's sought-after locale. Note: Client bought last year wanting relocate to LA and changed his mind and returned home to Paris.

Details

Property type

Single Family Residence

Est. home value

$1,452,967

Property condition

Updated/Remodeled

Lot size

3,446 sq ft

Price per sq ft

$1,038

Year built

1924

HOA

No

Price History

05/18/2024
CLAW

CLAW #24346535

Removed
$1,449,000
05/12/2024
CLAW

CLAW #24346535

Price change
$1,449,000
-3.34%
04/09/2024
CLAW

CLAW #24346535

Price change
$1,499,000
-3.85%

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Washington Mutual Bank Fa

Loan start date

May 2003

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

5.79%

Loan type

Credit Line (Revolving)

Seller

Dick Alexander Petrie and Wm Jeanette Petrie

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: Off Market

Tomo last checked: 07/26/2024 at 6:15 PM

Listing updated: 05/16/2024 at 8:28 AM

Listed by: Christine A Klein, Keller Williams Hollywood Hills Phone #: (310) 623-1300

MLS: CLAW #24346535

CLAW logo

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