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$699,999

Beds
2
Baths
1.0
sq ft
1,338

8614 S Wilton Pl, Los Angeles, CA 90047

8614 S Wilton Pl

Los Angeles, CA 90047

  • 59 days on market
This exceptional property, nestled in a prime Los Angeles location, presents a rare opportunity. Located in the Gramercy Park neighborhood a solid foundation awaits your personal touch. The main house features a versatile bonus room, an extra bathroom and convenient laundry access, while the expansive backyard offers endless possibilities for family gatherings or outdoor living. A separate guest unit complete with kitchen and bathroom adds incredible flexibility. The house has soundproof windows and a cozy gas fireplace. Relax in your private oasis with a low-maintenance yard and enjoy the bounty of nature with lemon, fig, loquat, and apple trees. Immerse yourself in the vibrant South LA community, offering a harmonious blend of urban amenities and neighborhood charm. Enjoy easy access to shopping, dining, and entertainment, all while being conveniently located near Sofi Stadium, LAX and major freeways. This property's potential is boundless – seize the chance to create your dream home.

Details

Property type

Single Family Residence

Est. home value

$739,725

Lot size

5,410 sq ft

Price per sq ft

$524

Year built

1925

HOA

No

Price History

10/14/2024
CRMLS

CRMLS #SB24161540

Listed
$699,999
10/01/2024
CRMLS

CRMLS #SB24161540

Removed
$699,999
09/10/2024
CRMLS

CRMLS #SB24161540

Listed
$699,999

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Reverse Mortgage Funding Llc

Loan start date

May 2021

Original loan amount

$937,500

Est. remaining balance

Not provided

Interest rate

1.42%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 69 year

Seller

Doris J Banket

Lender

Dovenmuehle Funding Inc

Loan start date

March 2002

Original loan amount

$166,200

Est. remaining balance

$76,698

Interest rate

7.02%

Loan type

Not Provided, 30 year

Seller

Edward N Banket and Doris S Banket

Lender

Home Loan Mtg Corp

Loan start date

July 1998

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

7.1%

Loan type

Stand Alone Second, 25 year

Seller

Edward N Banket and Doris S Banket

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: 11/08/2024 at 9:50 AM

Listing updated: 11/04/2024 at 11:15 AM

Listed by: Anthony Martinez, West Shores Realty, Inc. Phone #: (310) 541-8000

MLS: CRMLS #SB24161540

CRMLS logo

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