tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
1,220

788 E 40th Pl, Los Angeles, CA 90011

788 E 40th Pl

Los Angeles, CA 90011

  • 34 days on market
Welcome to 788 E 40th Place, a beautifully maintained Craftsman bungalow in central Los Angeles that perfectly blends historic charm with modern updates. This early 20th-century home greets you with original and updated hardwood and luxury vinyl plank floors, high ceilings, and plenty of natural light, creating a warm and inviting atmosphere. The living room boasts classic built-ins and vintage details, adding character to the space, while the updated kitchen offers modern conveniences with custom cabinets, quartz countertops, and stainless steel appliances. With two spacious bedrooms providing peaceful retreats and a landscaped backyard featuring mature fruit trees and a patio, this home is ideal for both relaxation and entertaining. Situated in a prime location close to downtown, USC, and major freeways, you’ll enjoy easy access to parks, dining, shopping, and more. Additional perks include recent upgrades like a new roof, plumbing, and electrical systems. This charming bungalow at 788 E 40th Place is ready to welcome its next owner—don’t miss out on this great opportunity!

Details

Property type

Single Family Residence

Est. home value

$600,582

Lot size

2,885 sq ft

Price per sq ft

$513

Year built

1915

Price History

08/16/2024
CRMLS

CRMLS #SR24169341

Listed
$625,000
+8.7%
04/19/2024
CRMLS

CRMLS #AR23162967

Sold
$575,000
-4.01%
03/10/2024
CRMLS

CRMLS #AR23162967

Pending
$599,000

Schools & Community

Neighborhood: 

Southeast Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

National City Bank

Loan start date

April 2007

Original loan amount

$101,000

Est. remaining balance

$0

Interest rate

5.86%

Loan type

Not Provided, 15 year

Seller

Crosby Tyler

Lender

Bsm Financial Lp

Loan start date

January 2007

Original loan amount

$276,500

Est. remaining balance

Not provided

Interest rate

1.75%

Loan type

Negative Amortization, 40 year

Seller

Crosby Tyler

Lender

Indymac Bank Fsb

Loan start date

May 2003

Original loan amount

$152,000

Est. remaining balance

$73,316

Interest rate

5.91%

Loan type

Not Provided, 30 year

Seller

Crosby Tyler

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: 09/19/2024 at 3:25 PM

Listing updated: 08/17/2024 at 6:46 AM

Listed by: Christopher Gorvetzian, eXp Realty of California Inc Phone #: (888) 584-9427

MLS: CRMLS #SR24169341

CRMLS logo

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