tomo logo

$499,999

Beds
1
Baths
1.0
sq ft
762

800 W 1st St Unit 502, Los Angeles, CA 90012

800 W 1st St Unit 502

Los Angeles, CA 90012

  • 101 days on market
    • Price drop $1↓
Welcome to the prestigious Bunker Hill Towers, centrally located to the great Downtown LA neighborhood with easy access to restaurants, shopping, and entertainment. Close to the 110 and 101 freeways, Union Station, LA Live and Staples Center, Financial District, courthouse, and more! A 15-minute drive to Runyon Canyon and West Hollywood. Unit has been upgraded with Quartz and Paint. Secure with guest parking, mini market for any last-minute needs, dry cleaners, and beauty salon on site. HOA includes electricity, Men’s and Women's state of the art exercise facilities with dry and wet sauna areas, Tennis Courts, High-Speed Internet, Gas and Water, BBQ areas with picnic tables, kids’ playground. One assigned parking space and a separate storage locker for unit.

Details

Property type

Condominium

Est. home value

$478,079

Lot size

2.4379 acres

Price per sq ft

$657

Year built

1968

Monthly HOA fee

$1,041

Price History

06/28/2024
CRMLS

CRMLS #CV24056619

Listed
$499,999
06/25/2024
CRMLS

CRMLS #CV24056619

Removed
$499,999
05/18/2024
CRMLS

CRMLS #CV24056619

Price change
$499,999

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Los Angeles Unified

Number of units in community: 

257

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

$69,560
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$390,439
Cash to seller
$69,560

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$400,000

Est. remaining balance

$390,439

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Victoria J Gibson and Michael C Bullard

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: 07/05/2024 at 6:15 PM

Listing updated: 07/05/2024 at 1:13 PM

Listed by: Jennifer Starnes, Triton Real Estate Inc. Phone #: (909) 302-1918

MLS: CRMLS #CV24056619

CRMLS logo

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