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$5,595,000

Beds
3
Baths
3.0
sq ft
2,897

8811 Rising Glen Pl, Los Angeles, CA 90069

8811 Rising Glen Pl

Los Angeles, CA 90069

  • 119 days on market
Perched on a secluded cul-de-sac in the coveted Bird Streets, just moments from the famed Sunset Strip, this mid-century marvel epitomizes creative living. This home spans across a 31,000ft double lot, blending refined sophistication with timeless charm, it offers more than just a home it offers a lifestyle. With spacious living areas and an exceptional canvas, this residence invites its new owner to imprint their unique style onto its framework. Additionally, this property has a set of plans for a meticulously crafted home spanning approximately 8,500 square feet, by Whipple Russell Architects. The owner is receptive to the possibility of providing seller financing.

Details

Property type

Single Family Residence

Est. home value

$5,582,712

Lot size

0.7215 acres

Price per sq ft

$1,932

Year built

1953

HOA

No

Price History

03/08/2024
CLAW

CLAW #24366013

Listed
$5,595,000
-6.67%
03/05/2024
CLAW

CLAW #23335157

Removed
$5,995,000
01/16/2024
CLAW

CLAW #23335157

Listed
$5,995,000
+76.32%

Schools & Community

Neighborhood: 

Hollywood Hills

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

$2,586,267
Asking price
$5,595,000
Closing costs (~8% of asking)
-$447,600
Est. remaining loan balance
-$2,561,133
Cash to seller
$2,586,267

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

Seller’s Loan History

Lender

Castle Mortgage Corp

Loan start date

January 2022

Original loan amount

$2,698,000

Est. remaining balance

$2,561,133

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Eclectic Property Investments 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?

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1479 Rising Glen Rd, Los Angeles, CA 90069

Status: Active

Tomo last checked: 07/05/2024 at 7:20 PM

Listing updated: 06/13/2024 at 1:33 PM

Listed by: Alex Howe, Christie's AKG Phone #: (424) 249-7162

MLS: CLAW #24366013

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