tomo logo

$899,000

Beds
2
Baths
1.5
sq ft
1,438

7960 Selma Ave Unit 305, Los Angeles, CA 90046

7960 Selma Ave Unit 305

Los Angeles, CA 90046

  • 119 days on market
    • Price drop $51,000↓
Located in a gorgeous neighborhood between Hollywood Hills and the Sunset Strip, just west of historic Sunset Square and east of West Hollywood, this beautifully updated mid-century, top-level unit is thoughtfully designed with an open concept layout in the living room, dining area, and kitchen that opens out onto a quiet, private balcony. Basking in abundant natural light, the floor-to-ceiling windows highlight clean lines and sleek, modern finishes. The kitchen, complete with stainless steel appliances, custom cabinetry, spacious pantry, induction stove and a striking waterfall-edge breakfast bar, is perfect for entertaining. Dark wood floors flow through the home, leading to a spacious primary suite, softened by carpet, opening to an updated bathroom featuring dual sinks, glass-enclosed shower with bench seating, and a walk-in closet with plenty of storage. The second bedroom has a wall of custom closets, plenty of natural light, and easy access to the tastefully updated guest bathroom off the entryway. Enjoy quiet moments on your private balcony or relax by the gated pool. With secure parking for two cars and controlled access, this home offers both sophisticated style and urban convenience within a lovely, vibrant community. Minutes from Bristol Farms, Trader Joe's, West Hollywood's best dining and shopping, and various canyon trails, this condo is a rare find in a prime location.

Details

Property type

Condominium

Est. home value

$1,087,584

Property condition

Updated/Remodeled

Lot size

0.4949 acres

Price per sq ft

$626

Year built

1964

Monthly HOA fee

$595

Price History

01/06/2025
CRMLS

CRMLS #P1-19240

Price change
$899,000
-5.37%
11/09/2024
CRMLS

CRMLS #P1-19240

Removed
$950,000
09/13/2024
CRMLS

CRMLS #P1-19240

Listed
$950,000
-4.52%

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Fairfax/Hollywood

Number of units in community: 

26

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

$321,984
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$505,096
Cash to seller
$321,984

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

August 2021

Original loan amount

$545,000

Est. remaining balance

$505,096

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Mindy Leiterman

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?

Status: Active

Tomo last checked: 01/10/2025 at 2:05 AM

Listing updated: 01/06/2025 at 12:00 PM

Listed by: Michael Maloney, Keller Williams Realty

MLS: CRMLS #P1-19240

CRMLS logo

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