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$999,000

Beds
5
sq ft
1,989

907 Dexter St, Los Angeles, CA 90042

907 Dexter St

Los Angeles, CA 90042

  • 126 days on market
907 Dexter and 915 Dexter are sold TOGETHER, the asking price includes both properties. ONE OF A KIND OPPORTUNITY! Own this rare triplex in the heart of Highland Park that also includes an additional lot with a separate APN right next to the property. This property has a tremendous upside and ADD-ON value. The first unit offers 2 bedrooms, 1 bathroom, living room, kitchen, dining area, 880 sqft living space, basement, front porch, and garage for 2 cars. The second unit is a single +3/4 bathroom, kitchen, and living room. The third unit offers 2 bedrooms, a living room, kitchen, dining room, front porch, and back yard area. 907 and 915 Dexter are sold together, this listing includes both properties. All units are tenant-occupied and WILL BE DELIVERED TENANT OCCUPIED

Details

Property type

Lot size

7,485 sq ft

Price per sq ft

$503

Year built

1924

HOA

No

Price History

05/17/2024
CLAW

CLAW #24393177

Listed
$999,000
+11.62%
05/02/2022
CRMLS

CRMLS #320009597

Sold
$895,000

Schools & Community

Neighborhood: 

Highland Park

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

$502,906
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$416,174
Cash to seller
$502,906

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

April 2022

Original loan amount

$435,000

Est. remaining balance

$416,174

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Ailen Boghossian and The Ailen Boghossian Trust

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?

Status: Active

Tomo last checked: 09/20/2024 at 11:45 PM

Listing updated: 09/14/2024 at 12:29 PM

Listed by: Laura Meldere, Beverly and Company, Inc. Phone #: (818) 382-4160

MLS: CLAW #24393177

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