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$2,425,000

Beds
12
sq ft
6,334

929 N Stanley Ave, West Hollywood, CA 90046

929 N Stanley Ave

West Hollywood, CA 90046

  • 63 days on market
    • Price drop $170,000↓
4.5% Cash on Cash Day 1 With Upside! (With Assumable Financing). Assumable Financing Available at 3.94%! 929 N Stanley Avenue is an 8 Unit Apartment Building built in 1963. The property is located in an A+ West Hollywood Location just north of Melrose and East of Fairfax Avenue. The property offers an excellent unit mix comped of 4 - 1 Bedroom / 1 Bathroom units and 4 - 2 Bedroom / 1 Bathroom Units. Garage offers 8 Parking Spaces. Assumable Financing Available at approx. $1,200,0000 & 3.94%.

Details

Property type

Lot size

5,769 sq ft

Price per sq ft

$383

Year built

1963

HOA

No

Price History

11/01/2024
CLAW

CLAW #24443373

Price change
$2,425,000
-6.55%
09/22/2024
CLAW

CLAW #24443373

Listed
$2,595,000
-10.36%
02/23/2024
CLAW

CLAW #23325453

Removed
$2,895,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

John Gladwin Eutx

Loan start date

October 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Commercial

Seller

M&E 929 N Stanley Ave Llc

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2019

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Commercial

Seller

M&E 929 N Stanley Ave 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?

Status: Active

Tomo last checked: 11/24/2024 at 8:50 AM

Listing updated: 11/01/2024 at 11:05 AM

Listed by: Jordan Asheghian, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CLAW #24443373

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