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$1,199,000

Beds
2
Baths
1.0
sq ft
910

8718 Crescent Dr, Los Angeles, CA 90046

8718 Crescent Dr

Los Angeles, CA 90046

  • 205 days on market
    • Price drop $100,000↓
    • Open house Nov 23
Introducing a unique Development/Fixer opportunity to acquire two side-by-side parcels totaling 17,856 SF of land in the coveted & charming Laurel Canyon community and Wonderland School District. As a bonus, this fantastic property comes with a 910 SF, 2 Bed/ 1 Bath home sitting on 3,000 SF of flat lot with winding brick walkways, a massive outdoor terrace and a charming apiary. The lucky buyer will love the serenity that this private, dead-end street offers while enjoying the beautiful panoramic views of the canyon below from your newly-built estate home. The possibilities are endless with this sprawling acreage! Opportunities to enjoy this level of privacy and seclusion in such close proximity to the Sunset Strip and the best of Hollywood are rare.

Details

Property type

Single Family Residence

Est. home value

$1,272,709

Lot size

8,268 sq ft

Price per sq ft

$1,318

Year built

1936

HOA

No

Price History

05/28/2024
CLAW

CLAW #24386581

Price change
$1,199,000
-7.7%
05/01/2024
CLAW

CLAW #24386581

Listed
$1,299,000
+0.31%
03/21/2024
CLAW

CLAW #23253497

Removed
$1,295,000

Schools & Community

Neighborhood: 

Beverly Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,053,716
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$49,364
Cash to seller
$1,053,716

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2015

Original loan amount

$114,200

Est. remaining balance

$49,364

Interest rate

3.05%

Loan type

New Conventional, 15 year

Seller

Luculle J Frichter

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: 11/22/2024 at 4:20 AM

Listing updated: 11/18/2024 at 10:55 AM

Listed by: Ali Safavi, Ashby & Graff Phone #: (310) 856-9153

MLS: CLAW #24386581

CLAW logo

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