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$1,289,000

Beds
5
Baths
5.0
sq ft
2,834

6732 Farmdale Ave, North Hollywood, CA 91606

6732 Farmdale Ave

North Hollywood, CA 91606

  • 82 days on market
    • Price drop $60,000↓
Step into this remarkable property nestled in a multifamily zoning area, where classic comfort meets modern elegance. This meticulously upgraded residence is ideal for a large or multigenerational family, boasting five bedrooms and five updated bathrooms. Each bedroom features its own bathroom, along with recessed lights, fresh interior paint, and new windows throughout. House has Solar system. The heart of this home is its expansive kitchen, seamlessly connected to a spacious family room illuminated by a large skylight over the dining area. A generously sized laundry room on the second floor adds to the practicality of daily living. Outside, the front yard offers parking for up to seven cars, secured by an iron and brick fence with a motorized gate for privacy and convenience. The cozy backyard features a newly built gazebo, perfect for savoring a morning cup of coffee or winding down with a glass of wine in the evening. Located for optimal convenience, this property provides easy access to major freeways, popular restaurants, and is just minutes away from the vibrant NoHo Arts District. Situated in a quiet neighborhood with low street traffic, the oversize deep garage presents an opportunity for future conversion. making this home as versatile as it is inviting. With zoning RD3-1, this property offers endless possibilities for comfortable, modern living in a prime location.

Details

Property type

Single Family Residence

Est. home value

$1,068,306

Lot size

6,751 sq ft

Price per sq ft

$455

Year built

1935

Price History

06/18/2024
CRMLS

CRMLS #SR24071052

Price change
$1,289,000
-4.45%
06/10/2024
CRMLS

CRMLS #SR24071052

Price change
$1,349,000
-3.3%
06/07/2024
CRMLS

CRMLS #SR24071052

Price change
$1,395,000
-1.69%

Schools & Community

Neighborhood: 

North Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

ABC Unified

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

$291,296
Asking price
$1,289,000
Closing costs (~8% of asking)
-$103,120
Est. remaining loan balance
-$894,584
Cash to seller
$291,296

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

Seller’s Loan History

Lender

Mission Loans Llc

Loan start date

March 2023

Original loan amount

$908,245

Est. remaining balance

$894,584

Interest rate

6.15%

Loan type

FHA, 30 year

Seller

Michael Ghitz

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: 07/01/2024 at 7:45 AM

Listing updated: 06/20/2024 at 10:13 AM

Listed by: Nina Sadovskaya, Rodeo Realty Phone #: (818) 986-7300

MLS: CRMLS #SR24071052

CRMLS logo