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416 North Hobart, Los Angeles, CA 90004

$899K5bd · 3ba · 2,147 sqft
Lot 7,207 sqft•Single Family Residence•
Active
•6d on market•MLS# CV-26214301

Property Description

TRUST SALE / SHORT SALE – MAJOR FIXER / REHAB OPPORTUNITY – SOLD STRICTLY AS-IS A LEGAL 2 DWELLINGS Trust sale and subject to short-sale lender approval. Trustee has not occupied the property and has limited knowledge regarding its present condition. Property is currently occupied by an unauthorized occupant. Eviction proceedings have commenced and the occupant has been served. No representation or guarantee is made regarding the timing or outcome of the eviction proceedings or when the property will be available for possession. Buyer to independently investigate and verify occupancy and possession matters. Property requires substantial rehabilitation. Reported and/or observed conditions include significant plumbing problems with major leaking beneath the subfloor, water-related damage, possible mold, roof repairs/replacement, and additional repairs throughout the property. The full extent of damage and required repairs is unknown. Property is being sold STRICTLY AS-IS, WHERE-IS, WITH ALL FAULTS. Seller/Trustee will make no repairs or provide repair credits. Buyer is responsible for all inspections and investigations and for independently verifying property condition, plumbing, roof, subfloor, water intrusion, possible mold, structural components, electrical, HVAC, permits, square footage, occupancy, and all other matters affecting the property. SHORT SALE: Purchase price and all terms are subject to approval by the seller's lender(s) and any other required lienholders. Short-sale approval is not guaranteed.

Features & Amenities

FeeBuilt 1916

Property Details

Land Type
Fee
Year Built
1916
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
None
View
None
Roof
Asphalt
City
Los Angeles
Zip Code
90004
County
Los Angeles
Listed byUnknown Office, Mario Talamantes

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,545.83
Principal & Interest
Loan Amount
$719,200
Total Interest
$917,300
Total Payment Over 30 Years
$1,636,500
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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