tomo logo

$425,000

Beds
1
Baths
1.0
sq ft
600

100 Atlantic Ave Unit 402, Long Beach, CA 90802

100 Atlantic Ave Unit 402

Long Beach, CA 90802

  • 3 days on market
    • Open house Oct 20
Welcome to this 1 bed 1 bath condo located in the Arts District in Long Beach. Located just two blocks from the beach, you can enjoy a morning coffee on the water or go for a sunset run along the bluffs. Inspired by minimalist brutalist design, this condo has concrete floors and ceilings, with gigantic windows that look over downtown. Many of the features in the condo are custom made, such as the velvet white curtains that run floor to ceiling and the sliding glass closet doors in the bedroom. The kitchen has also been completely remodeled with new granite countertops, a new stove, new oven, new sink, and new dishwasher. In the bathroom the renovations continue with a new vanity and new shower door. This condo defines the phrase “move in ready”! The condo is fantastic for its’ location next door to a grocery store and within walking distance of many fantastic bars and restaurants such as the newly opened, Olive and Rose. Its’ unique style is the reason for this condo’s appeal. You will fall in love with it as its’ current owner has!

Details

Property type

Condominium

Est. home value

$405,251

Property condition

Updated/Remodeled

Lot size

0.5181 acres

Price per sq ft

$709

Year built

1958

Monthly HOA fee

$424.43

Price History

10/17/2024
CRMLS

CRMLS #PW24209833

Listed
$425,000
+18.06%
05/26/2021
CRMLS

CRMLS #PW21077195

Sold
$360,000
+41.18%
04/05/2017
CRMLS

CRMLS #PW17010204

Sold
$255,000

Schools & Community

Neighborhood: 

East Village

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

163

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$90,789
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$300,211
Cash to seller
$90,789

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jmj Financial Group

Loan start date

April 2021

Original loan amount

$324,000

Est. remaining balance

$300,211

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Christopher Soto

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: 10/20/2024 at 6:10 AM

Listing updated: 10/19/2024 at 2:40 PM

Listed by: Blake Gunderson, IRG Properties Phone #: (209) 614-9544

MLS: CRMLS #PW24209833

CRMLS logo

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