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$1,490,000

Beds
2
Baths
2.0
sq ft
2,430

1196 Montecito Dr, Los Angeles, CA 90031

1196 Montecito Dr

Los Angeles, CA 90031

  • 55 days on market
Incredible view! This Montecito Heights home has 2 bedrooms and 2 full bathrooms plus an incredible view. The kitchen has wood cabinets and granite counters as well as built in stainless cooktop, oven, microwave and dishwasher. Both bedrooms are spacious and the primary bedroom has it's own fireplace. The primary bath is large and has double sinks and a walk in coset. You will enjoy the relaxing environment and the view from the decks on the back of the home. It is located away from the city hustle and bustle yet close enough to be in the City within minutes.

Details

Property type

Single Family Residence

Est. home value

$1,330,233

Lot size

3,073 sq ft

Price per sq ft

$614

Year built

2006

Price History

05/07/2024
CRMLS

CRMLS #CV24091819

Listed
$1,490,000

Schools & Community

Neighborhood: 

Montecito Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

$1,121,183
Asking price
$1,490,000
Closing costs (~8% of asking)
-$119,200
Est. remaining loan balance
-$249,617
Cash to seller
$1,121,183

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2017

Original loan amount

$291,260

Est. remaining balance

$249,617

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Eddy Y Tsai and Muriel S Tsai

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 8:05 AM

Listing updated: 06/25/2024 at 1:33 PM

Listed by: Robert Clark, CLARK & ASSOCIATES Phone #: (909) 268-9600

MLS: CRMLS #CV24091819

CRMLS logo

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