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$995,000

Beds
3
Baths
2.0
sq ft
1,510

803 Wilcox Ave Unit 3, Los Angeles, CA 90038

803 Wilcox Ave Unit 3

Los Angeles, CA 90038

  • 3 days on market
    • Open house Nov 05
Award- winning architect, Lorcan O'Herlihy FAIA, joins forces with Urban Environments on this modern, industrial masterpiece- WA LOFTS. Originally built in 2008 in the heart of Hollywood, there are only 14 lofts in the complex. Loft #3 has one of the largest floor plans in the community. Three bedrooms and two bathrooms stretch across 1,510sf of mixed- use living space. A South- facing wall of glass moves a tremendous amount of light in interesting ways across two- stories with open living room and dramatic ceiling height. The kitchen was recently renovated in 2022 with Fisher Paykel appliances, Samsung Studio Range, dishwasher and island hood. Custom cabinetry by Tredi. Sinks and fixtures by Kohler. Lower level has polished concrete floors. A wooden steel staircase takes you upstairs to the second floor where you'll find a light-filled primary with its own patio and en suite jack and Jill bathroom. The second bedroom has a mirrored barn door by Kartel, and a bonus space that was once a patio. Both bedrooms feature hardwood floors. Legrand lighting panels, switches and outlets throughout. Third bedroom is downstairs with en suit bathroom and can be used as a bonus space, office or den. Central air by Nest thermostat. Gated, and secure. Two tandem parking spaces in the garage with additional guest parking and storage closet. HOA dues are $730/month and include earthquake insurance. Close to Larchmont Village, Hancock Park, Osteria Mozza, Providence, Marino Ristorante, Netflix, Paramount Studios, Milk Studios, Pavillions Gold's Gym & shopping on Melrose!

Details

Property type

Condominium

Est. home value

$971,002

Lot size

0.2629 acres

Price per sq ft

$659

Year built

2008

Monthly HOA fee

$730

Price History

10/31/2024
CLAW

CLAW #24456939

Listed
$995,000
-0.5%
09/12/2023
CLAW

CLAW #23296323

Sold
$1,000,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$125,290
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$790,110
Cash to seller
$125,290

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

Seller’s Loan History

Lender

Luxury Mortgage Corp

Loan start date

August 2023

Original loan amount

$800,000

Est. remaining balance

$790,110

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Michael Kelly

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: 11/04/2024 at 8:10 PM

Listing updated: 11/04/2024 at 10:10 AM

Listed by: Jack Faulkner, The Bienstock Group Phone #: (323) 310-2525

MLS: CLAW #24456939

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