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$1,695,000

Beds
3
Baths
3.5
sq ft
2,140

6521 Homewood Ave, Los Angeles, CA 90028

6521 Homewood Ave

Los Angeles, CA 90028

  • 135 days on market
    • Price drop $200,000↓
Step into the heart of Hollywood and discover this newly remodeled single-family home with fully permitted ADU. With its charming facade and inviting atmosphere, this home offers a cozy retreat with views of the Hollywood sign. The main home is brand new top to bottom and features two large bedrooms and three bathrooms. The attached ADU is perfect for guests, office space, or as an income producing rental. The entire home boasts new white oak laminate flooring, both kitchens have brand new finishes and appliances, and the bathrooms have been completely renovated. The home is privately gated leading to an expansive outdoor space that is perfect for entertaining and provides ample parking. Walking to distance to the best the city has to offer including high end restaurants and shopping.

Details

Property type

Single Family Residence

Est. home value

$1,445,899

Lot size

5,986 sq ft

Price per sq ft

$793

Year built

1920

HOA

No

Price History

03/11/2024
CLAW

CLAW #24360719

Price change
$1,695,000
-10.55%
02/21/2024
CLAW

CLAW #24360719

Listed
$1,895,000
+72.27%
11/07/2019
CLAW

CLAW #19515334

Sold
$1,100,000

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

$903,330
Asking price
$1,695,000
Closing costs (~8% of asking)
-$135,600
Est. remaining loan balance
-$656,070
Cash to seller
$903,330

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

Seller’s Loan History

Lender

Vip Independent Mortgage Inc

Loan start date

October 2019

Original loan amount

$725,525

Est. remaining balance

$656,070

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Scot E Martin and Lida K Martin

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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6732 W Hepburn Way, Los Angeles, CA 90038

Status: Active

Tomo last checked: 07/05/2024 at 7:50 PM

Listing updated: 05/17/2024 at 8:28 PM

Listed by: Nima Fathi, HBC Realty Phone #: (818) 735-7979

MLS: CLAW #24360719

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