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$1,295,000

Beds
14
sq ft
5,503

982 E 50th St, Los Angeles, CA 90011

982 E 50th St

Los Angeles, CA 90011

  • 2 days on market
Great opportunity to own a 6 unit complex in one of LA's oldest pockets. 2 units to be delivered vacant (units 1 & 3). Unit 1 (owners unit) is a 4 bedroom/2 bathroom. Balance of the units are all 2/1. Gas & Electric individually metered. Upgraded electrical in all units. Earthquake Retrofit. Gas Shut Off. Most all pipes Copper pipes. New Windows. Buyer to perform all due diligence in regards to square footage and any outstanding City/County ordinances. Property Sold AS-IS. Seller will not make any repairs or warranties. Please do not walk the property and please do not disturb tenants. For all showings please call LA 1.

Details

Property type

Lot size

7,524 sq ft

Price per sq ft

$236

Year built

1962

HOA

No

Price History

12/20/2024
CLAW

CLAW #24468913

Listed
$1,295,000
-4.07%
05/30/2024
CLAW

CLAW #23329147

Removed
$1,350,000
11/17/2023
CLAW

CLAW #23329147

Listed
$1,350,000

Schools & Community

Neighborhood: 

Southeast Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Ronald Appel

Loan start date

February 2022

Original loan amount

$425,000

Est. remaining balance

Not provided

Interest rate

3.11%

Loan type

Commercial

Seller

Juanita D Weaver and Randall Weaver

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: 12/22/2024 at 1:30 PM

Listing updated: 12/20/2024 at 5:06 PM

Listed by: Jimmi Weaver, Jimmi Weaver, Broker Phone #: (310) 968-4805

MLS: CLAW #24468913

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