tomo logo

$640,000

Beds
3
Baths
2.0
sq ft
1,230

1110 W Avenue L8, Lancaster, CA 93534

1110 W Avenue L8

Lancaster, CA 93534

  • 94 days on market
Just off the 14 freeway, with major shopping centers near by. This is a single family residence on 2.5 acres in a Light Industrial area. Run your business from your home or convert the residence to an office building. Near other businesses and homes , this single story 3 bedroom 2 bathroom home an indoor storage is just what you have been looking for. Ample opportunity to develop another unit or park trucks for current business!

Details

Property type

Single Family Residence

Est. home value

$573,854

Lot size

2.4835 acres

Price per sq ft

$521

Year built

1953

Price History

09/01/2024
CRMLS

CRMLS #RS24124107

Listed
$640,000
08/08/2024
CRMLS

CRMLS #RS24124107

Removed
$640,000
06/17/2024
CRMLS

CRMLS #RS24124107

Listed
$640,000
+14.29%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Antelope Valley Union

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

$82,755
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$506,045
Cash to seller
$82,755

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

March 2022

Original loan amount

$532,000

Est. remaining balance

$506,045

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Ricardo Navarro and Ana Lucia Navarro

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: 09/18/2024 at 5:15 PM

Listing updated: 09/17/2024 at 4:21 PM

Listed by: Leonel Ceballos, eXp Realty Phone #: (888) 584-9427

MLS: CRMLS #RS24124107

CRMLS logo

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