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$989,000

Beds
5
Baths
3.0
sq ft
2,372

7847 Ben Ave, North Hollywood, CA 91605

7847 Ben Ave

North Hollywood, CA 91605

  • 35 days on market
This North Hollywood property presents an excellent investment opportunity, featuring a 2-bed, 1-bath main house and a 3-bed, 2-bath ADU at the rear. The front unit also includes a converted garage that functions as an additional bedroom, though it was done without a permit. With versatile living spaces, this property is ideal for generating rental income or multi-generational living. The gated front yard adds an extra layer of security, while solar panels enhance energy efficiency. Located in a thriving neighborhood, it's perfect for investors. According to the Certificate of Occupancy, the combined square footage of both units is 2,372 sqft.

Details

Property type

Single Family Residence

Est. home value

$1,008,065

Lot size

6,772 sq ft

Price per sq ft

$417

Year built

1955

HOA

No

Price History

10/18/2024
CRMLS

CRMLS #GD24215515

Listed
$989,000
+1.02%
02/06/2024
CRMLS

CRMLS #GD23188882

Removed
$979,000
02/06/2024
CRMLS

CRMLS #GD23188882

Listed
$979,000

Schools & Community

Neighborhood: 

Sun Valley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

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

Us Bank Na

Loan start date

June 2018

Original loan amount

$126,420

Est. remaining balance

Not provided

Interest rate

3.67%

Loan type

Credit Line (Revolving), 30 year

Seller

Hakop Knadzyan

Lender

Nmsi Inc

Loan start date

September 2017

Original loan amount

$480,000

Est. remaining balance

$410,571

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Hakop Knadzyan

Lender

Mega Capital Funding Inc

Loan start date

December 2016

Original loan amount

$405,000

Est. remaining balance

$336,552

Interest rate

3.54%

Loan type

New Conventional, 30 year

Seller

Hakop Knadzyan

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: 11/22/2024 at 1:10 AM

Listing updated: 11/17/2024 at 5:10 PM

Listed by: Mona Saakyan, Keller Williams R. E. Services Phone #: (818) 432-3200

MLS: CRMLS #GD24215515

CRMLS logo