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$1,950,000

Beds
10
Baths
5.0
sq ft
2,691

702 Crenshaw Blvd, Los Angeles, CA 90005

702 Crenshaw Blvd

Los Angeles, CA 90005

  • 207 days on market
    • Price drop $325,000↓
Completely Renovated and Vacant 10 Bed House Ready for Sober Living next to Hancock Park! We are proud to present this beautifully redone Hancock Park adjacent home with 10 bedrooms and 5 bathrooms. The Seller has spent hundreds of thousands in renovations completely redoing every room with new flooring, bolting, windows, central AC, updated electrical system, copper plumbing, quartz counter tops, Shaker cabinets, and updated bathrooms. Property is currently most suitable as a sober living or short term rentals but has the potential to be anything you desire! With a 10,488 SQ FT lot and LAR3 TOC3 Zoning, there is plenty of potential for an 1200 SQ FT ADU or more units. Buyer to verify information

Details

Property type

Single Family Residence

Est. home value

$1,473,865

Lot size

0.2408 acres

Price per sq ft

$725

Year built

1920

HOA

No

Price History

07/01/2024
CLAW

CLAW #23337661

Listed
$1,950,000
06/19/2024
CLAW

CLAW #23337661

Removed
$1,950,000
04/08/2024
CLAW

CLAW #23337661

Price change
$1,950,000
-14.29%

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Center Street Lending Corp

Loan start date

April 2021

Original loan amount

$1,365,000

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Commercial

Seller

Lucy Pham Le

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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Price drop
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143 N Hobart Blvd, Los Angeles, CA 90004

Status: Active

Tomo last checked: 07/05/2024 at 8:15 PM

Listing updated: 07/01/2024 at 11:55 AM

Listed by: Stephen F. Watson, Keller Williams Downtown LA Phone #: (213) 797-7000

MLS: CLAW #23337661

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