tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
680

1140 Molino Ave Unit 7, Long Beach, CA 90804

1140 Molino Ave Unit 7

Long Beach, CA 90804

  • 163 days on market
    • Price drop $19,000↓
This is the condo you have been waiting for! Located on the top floor to enjoy that ocean breeze. It is beautifully updated and modern with 2 beds and 2 baths. Spacious and open with vaulted ceilings. As you enter inside you will find newly installed beautiful wood flooring, recessed lighting throughout the home, kitchen and bedrooms, including both bathrooms . In the bedrooms you will see newly mirrored sliding closet doors, while the kitchen kitchen shows attractively with updated stainless steel farmhouse sink, new mounted microwave with Quartz counter tops. Bathroom includes updated counters and sinks. A huge amenity that you will be so pleased is having your own laundry hook-ups, the washer and dryer hookups installed in 2017 are located on your personal private patio. Property has wall/window A/C unit that remarkably cools entire unit. From the patio you will see the appealing palms trees and feel the ocean breeze as the condo is just minutes driving time from the beach. Remote access to parking garage with designated parking spot. The condo is a short ride away from some of Long Beach main attractions and popular landmarks including Pine avenue, The Queen Mary, Belmont Shore, Alamitos Beach and 2nd street, and it is pet friendly. Low HOAs $350.00 and For all dog lovers, your condo is just minutes away from Rosie's Dog beach.

Details

Property type

Condominium

Est. home value

$479,224

Lot size

0.2694 acres

Price per sq ft

$589

Year built

1987

Monthly HOA fee

$350

Price History

11/05/2024
CRMLS

CRMLS #PW24107748

Price change
$400,000
-4.53%
10/01/2024
CRMLS

CRMLS #PW24107748

Price change
$419,000
-3.68%
09/12/2024
CRMLS

CRMLS #PW24107748

Listed
$435,000

Schools & Community

Neighborhood: 

East Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park

High school district: 

Long Beach Unified

Number of units in community: 

16

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

$29,416
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$338,584
Cash to seller
$29,416

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

December 2021

Original loan amount

$360,000

Est. remaining balance

$338,584

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Domenic Hix

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: 11/08/2024 at 8:35 AM

Listing updated: 11/05/2024 at 1:10 PM

Listed by: Joshua Siber, Real Broker Phone #: (619) 248-6434

MLS: CRMLS #PW24107748

CRMLS logo

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