tomo logo

$799,999

Beds
3
Baths
2.0
sq ft
1,246

8951 S Hobart Blvd, Los Angeles, CA 90047

8951 S Hobart Blvd

Los Angeles, CA 90047

  • 117 days on market
    • Price drop $20,001↓
Experience modern sophistication in this beautifully updated Spanish-style home. Boasting 3 bedrooms and 2 full bathrooms, this residence features a freshly painted interior and exterior, showcasing a blend of classic charm and contemporary elegance. The home offers a master bedroom with an en-suite bathroom, an updated kitchen, and modernized bathrooms. The interior has recessed lighting and laminate flooring throughout, creating a warm and inviting atmosphere. A 2-car garage, extended for additional workspace, provides ample room for storage or a potential tool shed. Additionally, there's potential for an ADU, offering endless creative possibilities. As an added bonus, the sellers have architectural blueprints to convert the garage into an ADU, ready to be submitted to the city for approval and included in the sale. Situated in a prime location, this home is just minutes away from the new SOFI Stadium, the Great Western Forum, the upcoming Clippers stadium, major freeways, downtown Inglewood, shopping centers, and an array of restaurants. Don't miss the chance to make this exquisite property your own.

Details

Property type

Single Family Residence

Est. home value

$839,090

Lot size

6,240 sq ft

Price per sq ft

$643

Year built

1929

Price History

08/19/2024
CRMLS

CRMLS #SR24140456

Price change
$799,999
-2.44%
07/15/2024
CRMLS

CRMLS #SR24140456

Listed
$820,000

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Los Angeles Unified

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

$31,226
Asking price
$799,999
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$704,773
Cash to seller
$31,226

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$741,422

Est. remaining balance

$704,773

Interest rate

3.69%

Loan type

FHA, 30 year

Seller

Kobe Lacanlale Panlilio and Irma Leticia Castillo

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: 11/09/2024 at 8:15 AM

Listing updated: 09/30/2024 at 2:20 AM

Listed by: Jorge Guzman, BrightLight Realty Phone #: (818) 208-9888

MLS: CRMLS #SR24140456

CRMLS logo

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