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$1,195,000

Beds
3
Baths
2.5
sq ft
2,244

10626 Valley Spring Ln Unit 403, North Hollywood, CA 91602

10626 Valley Spring Ln Unit 403

Toluca Lake, CA 91602

  • 48 days on market
This Toluca Lake 3-Bedroom condominium spans 2,244 Sq. Ft. on a single level with an expansive open floor plan. Situated on the top floor and corner, this home provides exceptional privacy, abundant natural light, and captivating views. The entry leads to a spacious living area, enhanced by engineered wood flooring and highlighted by a striking floor-to-ceiling tiled gas fireplace. Large windows and two private balconies invite natural light, seamlessly connecting the living and dining areas. The updated kitchen features stainless steel appliances and flows into a generous breakfast nook, perfect for casual dining. A thoughtfully designed floor plan separates the living space from the bedroom areas for added privacy. The primary suite boasts a walk-in closet, a cozy sitting area, a second fireplace, and a luxurious ensuite bathroom with a glass-enclosed shower, soaking tub, and ample storage. The second bedroom includes balcony access and shares a Jack-and-Jill bathroom with the third bedroom. Additional conveniences include a side by side laundry closet, ample storage, and two parking spaces in the secured and gated garage. Enjoy wonderful views of the mountains and Universal Studios from a well-maintained building that combines the comforts of a private residence with the convenience of condo living, complete with amenities such as a heated pool, spa, gym, and sauna.

Details

Property type

Condominium

Est. home value

$992,997

Property condition

Updated/Remodeled

Lot size

0.5176 acres

Price per sq ft

$533

Year built

1991

Monthly HOA fee

$559.24

Price History

09/18/2024
CRMLS

CRMLS #SR24193022

Listed
$1,195,000

Schools & Community

Neighborhood: 

Toluca Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Curbs, Street Lights, Suburban, Sidewalks, Park

High school district: 

Los Angeles Unified

Number of units in community: 

28

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

$873,729
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$225,671
Cash to seller
$873,729

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

Seller’s Loan History

Lender

Majestic Home Loan

Loan start date

November 2012

Original loan amount

$314,250

Est. remaining balance

$225,671

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Ilya Tsipis and Kseniya Tsipis

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: 11/05/2024 at 1:10 PM

Listing updated: 10/28/2024 at 11:09 PM

Listed by: Ilya Tsipis, Fair Realty Phone #: (818) 625-4184

MLS: CRMLS #SR24193022

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