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$1,850,000

Beds
6
sq ft
3,502

6040 Graciosa Dr, Los Angeles, CA 90068

6040 Graciosa Dr

Los Angeles, CA 90068

  • 389 days on market
    • Price drop $524,990↓
This Classic Hollywood 4 unit building is ready to produce income for its next owner. Situated at the bottom of the the iconic Hollywood Hills with a view of the Hollywood sign this building is the perfect combination of original Hollywood charm and trendy style. In a highly desirable neighborhood, the building is situated by legendary Beachwood Blvd, on tranquil Graciosa Drive. Off-street parking is available and the property features front fences for additional privacy for tenants. Everything that Hollywood has to offer including but not limited to trendy restaurants, shopping as well as entertainment on the highest levels are at your feet here. Easy access to freeways allow for dynamic mobility. A definite long term money maker. 2 of the units will be sold with the tenants and the other two will be delivered vacant.

Details

Property type

Est. home value

$2,234,729

Lot size

5,030 sq ft

Price per sq ft

$529

Year built

1928

HOA

No

Price History

06/05/2024
CLAW

CLAW #23305577

Price change
$1,850,000
-22.1%
09/05/2023
CLAW

CLAW #23305577

Listed
$2,374,990

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

Countrywide Bank Na

Loan start date

August 2006

Original loan amount

$224,850

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Credit Line (Revolving)

Seller

Javier Venegas

Lender

Countrywide Bank Na

Loan start date

August 2006

Original loan amount

$1,124,250

Est. remaining balance

Not provided

Interest rate

8.12%

Loan type

Negative Amortization, 30 year

Seller

Javier Venegas

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: Active

Tomo last checked: 09/21/2024 at 7:30 AM

Listing updated: 08/13/2024 at 12:34 PM

Listed by: Brandon Hauer, Brandon Hauer Real Estate Group Phone #: (323) 445-8547

MLS: CLAW #23305577

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