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$1,000,000

Beds
5
Baths
4.0
sq ft
2,300

6171 Cleon Ave, North Hollywood, CA 91606

6171 Cleon Ave

North Hollywood, CA 91606

  • 142 days on market
Welcome to 6171 Cleon Ave, North Hollywood, CA 91606! This property presents a fantastic opportunity for both first-time homeowners and investors looking for a project with great potential. The main attraction of this property is the remodeled 3-bed, 2-bath front house, offering a comfortable and spacious living space. The vaulted ceilings with a panelist design and a cozy fireplace add character and charm to the home. For those who enjoy outdoor living, the property features a sizable backyard with space to create a garden oasis and a covered patio perfect for hosting gatherings or enjoying quiet evenings outdoors. Convenience is key with an attached 2-car garage providing secure parking and storage options. Additionally, the property includes an attached 2-bed, 2-bath ADU (Accessory Dwelling Unit) in the rear with high ceilings, offering potential rental income or extra living space for extended family. Located in North Hollywood, you'll find yourself within proximity to a variety of attractions. Enjoy easy access to shopping centers, dining options, entertainment venues, and parks. With its desirable location and versatile layout, 6171 Cleon Ave presents an exciting opportunity to create a personalized and valuable living space. Don't miss out on making this property your own!

Details

Property type

Single Family Residence

Est. home value

$1,088,015

Property condition

Updated/Remodeled

Lot size

6,412 sq ft

Price per sq ft

$435

Year built

1952

HOA

No

Price History

08/03/2024
CRMLS

CRMLS #DW24052050

Removed
$1,000,000
08/03/2024
CRMLS

CRMLS #DW24160030

Listed
$1,000,000
03/15/2024
CRMLS

CRMLS #DW24052050

Listed
$1,000,000
+12.49%

Schools & Community

Neighborhood: 

North Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

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

$280,644
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$639,356
Cash to seller
$280,644

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

February 2022

Original loan amount

$680,000

Est. remaining balance

$639,356

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Jia Lun Shao

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: 12/22/2024 at 6:15 PM

Listing updated: 12/04/2024 at 6:01 PM

Listed by: Jeanet Salazar, J A T S Enterprises, Inc. Phone #: (323) 356-3638

MLS: CRMLS #DW24160030

CRMLS logo

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