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$2,249,000

Beds
3
Baths
2.0
sq ft
1,879

6203 Del Valle Dr, Los Angeles, CA 90048

6203 Del Valle Dr

Los Angeles, CA 90048

  • 35 days on market
This is a charming English cottage situated in one of Cathay's most desirable and quiet blocks. The property is part of a HPOZ and buyers need to understand the restrictions. Entering the front door, you will see a grand living room with a high vaulted ceiling and a floor-to-ceiling window, and a completely remodeled kitchen with modern appliances. There are total of three bedrooms, one of them being a master bedroom with a walk-in closet, and two well maintained bathrooms. Bonus areas include a semi-converted loft attic room (approximately 250 sq ft) with air conditioning, an extra working space located above the parking level in the outside garage building, and a huge backyard wood deck to use as a resting and/or entertaining space. The large lot has a capacity to build an ADU to increase the property value for the owner. Located in a superb neighborhood minutes from LACMA, the Grove mall and Beverly Hills.

Details

Property type

Single Family Residence

Est. home value

$2,151,241

Property condition

Updated/Remodeled

Lot size

7,502 sq ft

Price per sq ft

$1,197

Year built

1926

HOA

No

Price History

10/01/2024
CLAW

CLAW #24447313

Listed
$2,249,000
02/18/2024
CLAW

CLAW #23329443

Removed
$2,249,000
12/19/2023
CLAW

CLAW #23329443

Listed
$2,249,000
+62.38%

Schools & Community

Neighborhood: 

Mid City West

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

Sung Young Kim

Loan start date

May 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.6%

Loan type

Commercial

Seller

Nam Ho Lee and Jung Mi Park

Lender

Pmac Lending Services Inc

Loan start date

May 2021

Original loan amount

$1,225,000

Est. remaining balance

$1,136,166

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Nam Ho Lee and Jung Mi Park

Lender

Mega Capital Funding Inc

Loan start date

January 2016

Original loan amount

$830,000

Est. remaining balance

Not provided

Interest rate

4.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Nam Ho Lee and Jong Mi Park

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: 11/05/2024 at 7:25 AM

Listing updated: 10/09/2024 at 7:28 AM

Listed by: Sung Young Kim, WIN Realty & Properties Phone #: (213) 568-3460

MLS: CLAW #24447313

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