tomo logo

$1,995,000

Beds
3
Baths
2.0
sq ft
1,850

1057 Indiana Ave, Venice, CA 90291

1057 Indiana Ave

Venice, CA 90291

  • 115 days on market
    • Price drop $200,000↓
Step into your dream home nestled on this very special block of the vibrant Venice Beach area! This delightfully remodeled bright single-story home features 3 bedrooms, 2 bathrooms, and an abundance of contemporary amenities that are sure to enchant you. As you enter, you'll be greeted by a meticulously crafted open kitchen equipped with top-of-the-line stainless steel appliances and a large island for gracious entertaining. The fluid transition from the kitchen effortlessly connects to the inviting living area while both lead through glass doors to a secluded rear patio and garden. The primary bedroom features a pitched ceiling, beautiful remodeled en-suite bathroom, dual large closets with custom fitted cabinetry and abundant natural light provided by the skylights and glass doors to the garden. Parking is a breeze in the attached 2-car garage with EV outlet. Ideally located just moments away from the sun-kissed beach, trendy Abbot Kinney, and an array of chic new restaurants and shops, a true treasure. Seize the opportunity to make it yours; this home is a must-see, promising the quintessential Venice Beach lifestyle you've always envisioned!

Details

Property type

Single Family Residence

Est. home value

$2,410,657

Lot size

4,991 sq ft

Price per sq ft

$1,079

Year built

1957

HOA

No

Price History

05/06/2024
CLAW

CLAW #24365765

Price change
$1,995,000
-9.11%
03/26/2024
CLAW

CLAW #24365765

Price change
$2,195,000
-8.35%
03/07/2024
CLAW

CLAW #24365765

Listed
$2,395,000
+28.39%

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

$1,266,946
Asking price
$1,995,000
Closing costs (~8% of asking)
-$159,600
Est. remaining loan balance
-$568,454
Cash to seller
$1,266,946

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

February 2020

Original loan amount

$750,000

Est. remaining balance

$568,454

Interest rate

3.16%

Loan type

New Conventional, 15 year

Seller

Justin Lehmann and Jessica N Kane

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?

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Status: Active

Tomo last checked: 07/01/2024 at 10:25 AM

Listing updated: 06/26/2024 at 3:13 PM

Listed by: Nancy Ross, Compass Phone #: (310) 230-5478

MLS: CLAW #24365765

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