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$839,000

Beds
2
Baths
2.0
sq ft
1,240

629 Traction Ave Unit 233, Los Angeles, CA 90013

629 Traction Ave Unit 233

Los Angeles, CA 90013

  • 160 days on market
    • Price drop $1,000↓
Price improvement - Motivated Seller! Welcome to this beautiful condo located in the heart of Downtown Arts District area and Little Tokyo. It is absolutely in perfect condition and ready to move in. This 2-bedroom 2 bathroom condo features a spacious open layout with high ceilings and a loft, giving it a unique and modern feel. The open concept design creates a seamless flow between the living room, dining area, and kitchen, which boasts granite countertops and stainless-steel appliances. Both bedrooms are equipped with walk-in closets. The Loft adds an extra touch of charm and can be utilized as an office space or a cozy lounge area. Additionally, there is a balcony off the living room, allowing for a cozy outdoor space to enjoy. The building, Mura by Pulte Homes, has been recognized with a JD Power award for its exceptional quality. Within the building, you'll find fantastic amenities such as a community pool, BBQ courtyard for outdoor gatherings, and a coffee lounge for relaxing and socializing. For added convenience, the building offers 24-hour security, a fitness center, guest parking and a spa. You'll also have two tandem parking spaces available for your use.

Details

Property type

Condominium

Est. home value

$887,659

Lot size

2.0953 acres

Price per sq ft

$677

Year built

2007

Monthly HOA fee

$733.75

Price History

06/17/2024
CRMLS

CRMLS #GD24005151

Price change
$839,000
-0.12%
04/15/2024
CRMLS

CRMLS #GD24005151

Price change
$840,000
-1.18%
01/23/2024
CRMLS

CRMLS #GD24005151

Listed
$850,000
+9.68%

Schools & Community

Neighborhood: 

Central City East

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

190

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

$402,839
Asking price
$839,000
Closing costs (~8% of asking)
-$67,120
Est. remaining loan balance
-$369,041
Cash to seller
$402,839

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2017

Original loan amount

$425,000

Est. remaining balance

$369,041

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Chang Yun Lim and Mee Hae M Lim

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 10:10 AM

Listing updated: 06/17/2024 at 1:12 PM

Listed by: Anahit Saroyan, American Realty Centre Inc. Phone #: (818) 507-1111

MLS: CRMLS #GD24005151

CRMLS logo

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