Los Angeles Homes with Short Sale

Los Angeles Homes with Short Sale

Welcome to Los Angeles, the City of Angels, where vibrant culture meets stunning landscapes and endless opportunities. Nestled in sunny Southern California, Los Angeles is a sprawling metropolis known for its iconic landmarks, diverse neighborhoods, and a lifestyle that attracts dreamers and doers from around the globe. Whether you find yourself wandering the Hollywood Walk of Fame, soaking up the sun at Santa Monica Beach, or savoring world-class cuisine in Downtown LA, this city offers a unique blend of excitement and tranquility.

For those considering a home in this bustling area, the real estate market is as diverse as its residents. One appealing option for savvy buyers is the opportunity to explore homes in short sale. Short sales in Los Angeles can provide a unique pathway to homeownership, allowing buyers to purchase properties at potentially reduced prices. A short sale occurs when a homeowner sells their property for less than the amount owed on their mortgage, often as a means to avoid foreclosure. This can be a win-win for both buyers and sellers, offering a chance to negotiate favorable terms while helping homeowners navigate challenging financial situations.

Los Angeles boasts a variety of neighborhoods, each with its own charm and character, from the artistic vibes of Silver Lake to the upscale luxury of Beverly Hills. With a keen eye and the right guidance, you can uncover hidden gems within the short sale market, making your dream of living in this iconic city a reality. Let us help you navigate the vibrant Los Angeles real estate landscape and find the perfect home tailored to your lifestyle. Your Los Angeles adventure awaits!

Newest Los Angeles Homes with Short Sale

$1,500,000
11 Beds ⋅ 8 Baths ⋅ NDP2608150 MLS ⋅ Active Status
Now priced to reflect a short sale opportunity. Sale subject to lender approval. Excellent value-add opportunity in a prime Los Angeles location. 144 S Kenmore Ave is a four-unit residential income property offering approximately 4,660 SF of building area on an approximately 7,140 SF LAR3 lot, with substantial renovation already completed. Two units have been fully renovated, and two additional units remain unfinished. The two completed units underwent extensive renovations, including new plumbing and electrical, kitchens, bathrooms, flooring, windows, recessed lighting, cabinetry and fixtures. Seller states the completed renovation work was performed with permits. The two unfinished units are currently configured for completion as 3-bedroom/3-bath units. The planned final configuration is approximately one 2-bedroom/2-bath unit and three 3-bedroom/3-bath units, subject to buyer verification of final legal bedroom/bathroom counts, plans and permits. The property is being offered without existing tenant leases, giving the next owner an opportunity to evaluate the existing improvements and complete the remaining work, subject to applicable permitting and occupancy requirements. The rear parking/garage area and overall site configuration may also offer potential for ADUs or other future development opportunities, subject to buyer investigation, zoning, permitting and City approval. Conveniently located near Koreatown, Larchmont Village, Virgil Village, shopping, dining, transit and major employment centers. An opportunity to acquire a fourplex with substantial improvements already completed and additional upside through completion and lawful lease-up. The property is subject to the Los Angeles Rent Stabilization Ordinance and is offered as-is in its current, partially renovated condition. Buyers should independently verify permits, lawful occupancy, applicable rental restrictions, development potential and costs to complete the remaining work.

144 S Kenmore Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.