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7644 Franklin Ave, Los Angeles, CA 90069! SOLD!

Posted on Aug 16, 2014 by in Active Rain | 0 comments

7644 Franklin Ave, Los Angeles, 90069 View Lot in the Hollywood Hills SOLD!!

 There are always trials and tribulations in selling a property. In this case the buyer had his money in GOLD! Needless to say Gold has been tanking for the past 30 days. The buyer requested and extra week to close with the hope that the Price of Gold would improve.

Sadly he took a hit for about 27%. The good news was he was a businessman and understood sometimes you gain and other times you lose. Needless to say he is thrilled to have the property and he can work on getting his dream home built with panoramic views of Downtown Los Angeles & Century City.

 

 

He also got a fantastic deal and that makes up for the drop in value of the Gold. On a side note Escrow was extended an extra week so he could gain some of the money back.

 

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.

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