tomo logo

$685,000

Beds
4
Baths
1.0
sq ft
1,008

950 S Mott St, Los Angeles, CA 90023

950 S Mott St

Los Angeles, CA 90023

  • 121 days on market
Location, location, location! This hilltop home is located in Boyle Heights with incomparable views of Downtown LA. The extra-large front patio is perched above the street, offering stunning views of the DTLA skyline. Use the patio to BBQ, entertain guests, or simply relax with a book or glass of wine. The living room also offers DTLA views through a large window. Four bedrooms can also be utilized for guest rooms or offices. An indoor laundry room with large overhead storage is located off a big bathroom with a subway tile shower. The bright, oversized kitchen includes a brand new mini-split AC and oven hood. There's a corner for a breakfast nook and is big enough to add a large island. It's a blank canvas waiting for you to make your own. The gated driveway in the back can fit four cars or can be used to extend the house or add an ADU. A basement is perfect for storage or can be turned into a (wo)man's cave. Conveniently located near the Sixth Street Bridge. Take a stroll across or just a 5-minute drive to the Arts District, where you'll find popular restaurants Bestia, Girl and the Goat, Urth Cafe, Angel City Brewery, and more. A true foodies' paradise with local Boyle Heights favorites Mariscos Jalisco's, Las Palmas Burritos, & Los Cinco Puntos nearby. A park across the street is currently being renovated, and several nearby freeways such as the 101, 10, and 5 make commuting a breeze. You can even catch the metro at the nearby Soto St. stop. Don't sleep on this cozy home in a great location!

Details

Property type

Single Family Residence

Est. home value

$646,649

Lot size

3,371 sq ft

Price per sq ft

$680

Year built

1910

HOA

No

Price History

09/21/2024
CRMLS

CRMLS #DW24187520

Listed
$685,000
+18.1%
05/18/2021
CRMLS

CRMLS #MB21071742

Sold
$580,000
+83.54%
08/31/2014
CRMLS

CRMLS #DW14107621

Sold
$316,000

Schools & Community

Neighborhood: 

Boyle Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, 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

$121,987
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$508,213
Cash to seller
$121,987

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

Seller’s Loan History

Lender

Mld Mortgage

Loan start date

May 2021

Original loan amount

$551,000

Est. remaining balance

$508,213

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Marcos Antonio Chacon and Maria Elizabeth Toce

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?

Similar Homes Nearby

New
CRMLS
$600,000
4 bd
|
1 ba
|
1,274 sq ft
|
House

1546 E 21st St, Los Angeles, CA 90011

A home in Los Angeles
New
CRMLS
$775,000
4 bd
|
2 ba
|
1,756 sq ft
|
House

425 S Humphreys Ave, Los Angeles, CA 90022

CRMLS
$665,000
4 bd
|
2.25 ba
|
2,174 sq ft
|

3932 City Terrace Dr, Los Angeles, CA 90063

Status: Active

Tomo last checked: 01/20/2025 at 5:55 AM

Listing updated: 01/16/2025 at 5:21 PM

Listed by: Robert Arredondo, One West Realty Phone #: (909) 321-9148

MLS: CRMLS #DW24187520

CRMLS logo

Recently listed in Los Angeles