tomo logo

$429,900

Beds
1
Baths
1.0
sq ft
692

100 Hermosa Ave Unit 3F, Long Beach, CA 90802

100 Hermosa Ave Unit 3F

Long Beach, CA 90802

  • 65 days on market
    • Price drop $20,000↓
Experience the Best of Alamitos Beach Living with This Exceptional Condo! Located in one of the most sought-after areas, this top-floor unit offers everything you need—just steps from the beach, parks, and a vibrant array of bars, coffee shops, and dining options. Perfectly positioned between Belmont Shore and Downtown Long Beach, this condo shines with abundant natural light from newly installed windows. The modern kitchen features updated countertops and stainless steel appliances, while the freshly painted interiors and new carpeting create a welcoming atmosphere. Ceiling fans in the dining and bedroom areas enhance comfort throughout. The bathroom adds character with its unique retro charm. Beyond the living space, enjoy the convenience of a secure parking spot with additional storage, low HOA dues, and easy access to on-site laundry facilities. An elevator provides direct access from the garage to the lobby, ensuring ease and security. This is a rare opportunity in Alamitos Beach—don't miss out on one of the best units available!

Details

Property type

Condominium

Est. home value

$475,566

Lot size

0.3449 acres

Price per sq ft

$622

Year built

1965

Monthly HOA fee

$245

Price History

08/22/2024
CRMLS

CRMLS #PW24143643

Price change
$429,900
-4.45%
08/09/2024
CRMLS

CRMLS #PW24143643

Price change
$449,900
-3.25%
07/16/2024
CRMLS

CRMLS #PW24143643

Listed
$465,000
+45.31%

Schools & Community

Neighborhood: 

Alamitos Beach

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: 

29

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

$124,699
Asking price
$429,900
Closing costs (~8% of asking)
-$34,392
Est. remaining loan balance
-$270,809
Cash to seller
$124,699

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

August 2018

Original loan amount

$304,000

Est. remaining balance

$270,809

Interest rate

4.57%

Loan type

New Conventional, 30 year

Seller

John Ervin Jr

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: 09/19/2024 at 2:45 PM

Listing updated: 09/07/2024 at 2:31 PM

Listed by: Ray Miramontes, Circle Real Estate Phone #: (562) 521-9022

MLS: CRMLS #PW24143643

CRMLS logo

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