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$3,000,000

Beds
5
Baths
3.0
sq ft
2,192

1025 Nowita Pl, Venice, CA 90291

1025 Nowita Pl

Venice, CA 90291

  • Sold On 11/21/2017
Two dwellings on one lot in Venice, both beautifully, completely remodeled! Main home (1,439 SF) has 3 beds, 2 baths. Second home is a detached, newly permitted accessory dwelling unit (ADU) with 2 beds and 1 bath (754 SF). ADU has separate address, utilities and can be rented separately (est. $5,000/mo.) or used as additional living space to main house. Both feature: open floor plans; gourmet kitchens with Carrera marble counters, subway tile backslash, custom satin grey cabinetry & new stainless appliances; modern bathroom tile and Grohe faucets; frosted glass interior doors; new dual pane windows and glass exterior doors; skylights; air conditioning. Main home has large master suite with separate shower & freestanding soaking tub. ADU has 14 ft. high ceilings & an abundance of natural light. Quiet, private lot provides plenty of privacy, new fencing & landscaped common areas with a retreat-like feel. Just minutes to trendy Rose Ave, Abbot Kinney shops & Venice Beach!

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

4,783 sq ft

Price per sq ft

$890

Year built

1940

Price History

10/26/2024
CLAW

CLAW #24439953

Removed
$3,000,000
09/18/2024
CLAW

CLAW #24439953

Listed
$3,000,000
+43.75%
11/21/2017
CLAW

CLAW #17271646

Sold
$2,087,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$343,899
Asking price
$1,949,900
Closing costs (~8% of asking)
-$155,992
Est. remaining loan balance
-$1,450,009
Cash to seller
$343,899

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2021

Original loan amount

$1,585,000

Est. remaining balance

$1,450,009

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Lisa B Goodman and Lisa B Goodman Separate Property Trust

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: Off Market

Tomo last checked: 11/09/2024 at 8:45 AM

Listing updated: 05/13/2024 at 11:47 AM

Listed by: Peter Brunk, Inflection Point Phone #: (310) 261-2543

MLS: CLAW #17271646

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