tomo logo

$1,250,000

Beds
3
Baths
2.0
sq ft
1,192

8865 Lookout Mountain Ave, Los Angeles, CA 90046

8865 Lookout Mountain Ave

Los Angeles, CA 90046

  • 47 days on market
    • Price drop $200,000↓
Welcome to Laurel Canyon. This charming 3-bedroom, 2-bathroom home is situated on a quiet street in the highly acclaimed Wonderland School District. As you step inside, you'll find a galley kitchen with modern amenities and a spacious family room that opens up to a west-facing balcony, offering stunning tree-top views of Laurel Canyon. The upstairs area includes the primary bedroom with an updated en-suite bathroom, providing direct access to a beautiful private back patio. This secluded outdoor space is perfect for entertaining, al-fresco dining, or simply enjoying the peaceful surroundings. An additional bedroom and updated bathroom complete the upper level, ensuring ample space for family or guests. Downstairs, you'll discover the third bedroom and a direct entrance from the garage, providing both functionality and ease of living. Located just minutes away from Sunset Boulevard and a short drive to the Valley, this home offers the perfect blend of tranquility and accessibility. Don't miss your chance to become a part of this exclusive neighborhood.

Details

Property type

Single Family Residence

Est. home value

$1,360,619

Property condition

Updated/Remodeled

Lot size

2,541 sq ft

Price per sq ft

$1,049

Year built

1961

HOA

No

Price History

10/11/2024
CLAW

CLAW #24438479

Price change
$1,250,000
-13.79%
09/18/2024
CLAW

CLAW #24438479

Listed
$1,450,000
+22.88%
06/08/2022
CLAW

CLAW #22144291

Sold
$1,180,000

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

$411,345
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$738,655
Cash to seller
$411,345

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

Seller’s Loan History

Lender

City National Bank

Loan start date

June 2022

Original loan amount

$767,000

Est. remaining balance

$738,655

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Todd Jacobs and Kaori Hayashi

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: 11/04/2024 at 2:15 PM

Listing updated: 10/21/2024 at 12:40 PM

Listed by: Jon Grauman, The Agency Phone #: (424) 230-3700

MLS: CLAW #24438479

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