tomo logo

$787,000

Beds
1
Baths
2.0
sq ft
1,150

6253 Hollywood Blvd Unit 507, Los Angeles, CA 90028

6253 Hollywood Blvd Unit 507

Los Angeles, CA 90028

  • 352 days on market
NEWLY VACANT & PRICED TO SELL! Experience luxury living in Hollywood this modern 1 bed (office can be converted to make unit 2 bedroom) 1.5 bath two-story loft located at the iconic corner of Hollywood & Vine. Boasting high-end Viking appliances, built-in Miele Espresso machine, dual wine fridges, remote controlled blinds, this bright and open loft is the pinnacle of contemporary elegance. Recognized as a Historic Mills Act building, the Lofts at Hollywood & Vine offers a 24 hour doorman, valet parking, and a rooftop terrace complete with a BBQ, dining area, lounging areas, and fire pit.

Details

Property type

Condominium

Est. home value

$787,593

Lot size

0.2893 acres

Price per sq ft

$685

Year built

1929

Monthly HOA fee

$1,208

Price History

01/13/2024
CLAW

CLAW #24343549

Listed
$787,000

Schools & Community

Neighborhood: 

Hollywood

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

$441,505
Asking price
$787,000
Closing costs (~8% of asking)
-$62,960
Est. remaining loan balance
-$282,535
Cash to seller
$441,505

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2016

Original loan amount

$552,000

Est. remaining balance

$282,535

Interest rate

2.72%

Loan type

New Conventional, 15 year

Seller

Arthur Benedetti Jr

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: 12/23/2024 at 5:55 AM

Listing updated: 09/30/2024 at 11:50 AM

Listed by: Courtney Hall, Douglas Elliman Phone #: (310) 595-3888

MLS: CLAW #24343549

CLAW logo

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