tomo logo

$595,000

Beds
2
Baths
1.0
sq ft
767

824 W 112th St, Los Angeles, CA 90044

824 W 112th St

Los Angeles, CA 90044

  • 57 days on market
    • Price drop $30,000↓
New opportunity charming perfect starter 2 bedrooms 1 bathroom home. In the Heart of South LA. Great for first time buyers or income property investment. Inside you'll find brand-new electrical and plumbing, brand new appliances, and many upgrades completed to the kitchen and bathroom and much more, ensuring comfort and peace of mind. Conveniently located near 110 and 105 freeways, LAX and DTLA. Close to schools, shopping and restaurants. Within minutes of the Sofi Stadium, Intuit Dome, Kia Forum, YouTube Theater, Hollywood Park Casino, and Public Transportation. This home is for a perfect family waiting for you to make it your own!

Details

Property type

Single Family Residence

Est. home value

$533,091

Lot size

3,108 sq ft

Price per sq ft

$776

Year built

1947

HOA

No

Price History

12/05/2024
CRMLS

CRMLS #DW24208902

Price change
$595,000
-4.8%
10/29/2024
CRMLS

CRMLS #DW24208902

Listed
$625,000
+13.64%
07/28/2023
CLAW

CLAW #22206153

Sold
$550,000
+39.24%

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Washington

Community features: 

Park, Sidewalks

High school district: 

Los Angeles Unified

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

$32,841
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$514,559
Cash to seller
$32,841

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

Seller’s Loan History

Lender

1781 Inc

Loan start date

July 2023

Original loan amount

$522,500

Est. remaining balance

$514,559

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Efrain Estuardo Marin Xicara and Amalia Yaret Pineda Elias

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: 12/25/2024 at 11:45 AM

Listing updated: 12/04/2024 at 9:16 PM

Listed by: Lisa Smith, eXp Realty of Greater L.A Phone #: (888) 652-1314

MLS: CRMLS #DW24208902

CRMLS logo

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