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$898,195Estimated home value

Beds
2
Baths
2.0
sq ft
1,012

8530 Holloway Dr Unit 212, West Hollywood, CA 90069

8530 Holloway Dr Unit 212

West Hollywood, CA 90069

  • Sold On 10/21/2024
    • Price drop $20,000↓
Your 24-Hour Vacation Condo with 5-Star Building Amenities Awaits YOU in Prime West Hollywood! Boasting 2 bed, 2 bath, 1,012 sf, 2 side-by-side gated parking spots with EV PLUG included, this stunning, "lock and go" retreat has it all! Step inside the front door only to be greeted by sprawling porcelain tile flooring, recessed lighting, an abundance of dual paned windows with shades and shutters, and thoughtful upgrades throughout! As a corner unit in one of West Hollywood's most coveted areas, the open concept floor plan feels spacious and bright with southeastern sun exposure. Off the living room next to the trendy fireplace with herringbone tile rests an expansive outdoor terrace with peek-a-boo downtown views, perfect for sipping or spilling tea with your friends. Join us back inside the dining room where you will be surrounded by windows and a modern art chandelier. Prepare your food in an upgraded kitchen with stainless steel appliances and ample cabinet space. Off the main hallway, you have a bedroom with built-ins and a Murphy bed perfect for overnight guests. Across the hall is a fully renovated bathroom with a standing shower. The primary bedroom at the end of the hallway has a walk-in closet, ensuite full bathroom with shower/tub, electric window blinds (in both bedrooms) and fits a California King bed. The owner spared no expense on the high-end, durable furniture and unit accessories so this stunner is move-in-ready for any buyer looking for a fully furnished unit or investor looking for a furnished income producing unit with 2 well-qualified tenants paying about $5,000 in rent! Perfect as an owner/user or investment property. The choice is yours! The Hollywood Terrace complex comes equipped with lush outdoor landscaping, a recently renovated, large outdoor heated pool and spa, a gym and recreation room, and a 360 view sundeck! Located just blocks away from the bustling Santa Monica and Sunset strips, you will be overwhelmed with the walkability of this incredibly fun and flirty condo home. Your permanent vacation awaits you in unit #212 at THE Holloway Terrace!

Details

Property type

Condominium

Est. home value

$898,195

Property condition

Updated/Remodeled

Lot size

1.0884 acres

Price per sq ft

$928

Year built

1973

Monthly HOA fee

$500

Price History

10/21/2024
CLAW

CLAW #24433667

Sold
$915,000
-2.56%
10/04/2024
CLAW

CLAW #24433667

Pending
$939,000
10/03/2024
CLAW

CLAW #24433667

Price change
$939,000
-2.09%

Schools & Community

Neighborhood: 

West Hollywood North

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

$278,928
Asking price
$939,000
Closing costs (~8% of asking)
-$75,120
Est. remaining loan balance
-$584,952
Cash to seller
$278,928

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

Seller’s Loan History

Lender

Jmac Lending Inc

Loan start date

April 2023

Original loan amount

$594,658

Est. remaining balance

$584,952

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

La Loft Llc

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: Off Market

Tomo last checked: 11/03/2024 at 4:30 AM

Listing updated: 10/21/2024 at 8:12 PM

Listed by: Rodney Wittbrodt, Compass Phone #: (310) 652-6285

MLS: CLAW #24433667

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