2400 Corinth Ave. #7, Los Angeles, CA 90066 – Transaction Details
Date: September 6, 2018
Property Type: 2 Bedroom, 2.5 Bathroom, 1,564 Square Foot Condominium
Sale Price: $845,000.00
Year Built: 2011
Description: Handled the sale of this townhome-style condo that we assisted our clients with purchasing less than four years earlier for a profit of almost 25%.
2400 Corinth Ave. #7, Los Angeles, CA 90066 – Transaction Summary
We assisted our clients with purchasing this home in 2014 for $680,000.00. At the time, we and our clients saw this West LA townhome-style condo as not only a great home to live in, but also a great home with investment potential due to the Metro Expo Line that was under construction at the time as well as the increasingly popular Sawtelle Japantown. Four years later, after completion of the Expo Line and the even more popular Sawtelle Japantown, our clients decided it was time to sell and move on to a more spacious home that could accomodate their two dogs and newborn daughter. We moved quickly to prepare the home for listing and aggressively marketed the property on social media. After several open houses, we identified a motivated, well-qualified buyer. This also allowed our clients to identify and purchase a nearby replacement home, which we also assisted them with purchasing. In the end, our clients turned a profit of $165,000.00, or approximately 25%, over a period of just four years, which allowed them to purchase a beautiful new home with plenty of space for their growing family.
Additional information and pictures can be found here.
For more information on this transaction or to discuss any other questions you may have concerning the Los Angeles real estate market, contact Esquire Real Estate Brokerage, Inc. at 213-973-9439 or firstname.lastname@example.org.