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$599,000

Beds
2
sq ft
1,126

623 E 36th St, Los Angeles, CA 90011

623 E 36th St

Los Angeles, CA 90011

  • 165 days on market
Incredible income property located at 623 E. 36th St, offering a unique blend of convenience, charm, and income potential. Nestled near downtown, this meticulously maintained unit features a compact and pristine two-income units, making it an ideal investment opportunity. The strategic location ensures easy access to the heart of the city, providing residents with a vibrant urban lifestyle. Each unit features a welcoming front yard, creating a cozy atmosphere enriched by a garden surrounded by trees for privacy. Easement driveway leads to a dedicated parking lot at the back, enhancing accessibility for residents and visitors alike. Explore additional income possibilities by converting the rear shed-a versatile space with endless creative potential. Convenient transportation options further elevate the property's desirability, catering to the modern lifestyle needs of potential owners. Don't miss out on this rare gem! Your dream income property awaits at 623 E. 36th St! Please ask me for more detail."

Details

Property type

Est. home value

$606,239

Lot size

4,000 sq ft

Price per sq ft

$532

Year built

1921

HOA

No

Price History

01/17/2024
CLAW

CLAW #24348169

Listed
$599,000

Schools & Community

Neighborhood: 

Central City

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

$194,630
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$356,450
Cash to seller
$194,630

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

Seller’s Loan History

Lender

Mk Lending Corp

Loan start date

March 2021

Original loan amount

$384,600

Est. remaining balance

$356,450

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Jin Sang Kim

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: 07/01/2024 at 7:05 AM

Listing updated: 06/10/2024 at 1:23 PM

Listed by: Joanne Kim, Dream Realty & Investments Inc Phone #: (213) 380-8949

MLS: CLAW #24348169

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