tomo logo

$938,000

Beds
2
Baths
2.0
sq ft
1,322

12222 Wilshire Blvd Unit 403, Los Angeles, CA 90025

12222 Wilshire Blvd Unit 403

Los Angeles, CA 90025

  • Pending
    • Price drop $50,000↓
Wilshire Borgata Condos, much sought after security building with 24/7 security and lovely lobby area. Prime South Facing Unit has a peek-a-boo view of the ocean and lovely sunset views. Pleasant layout with 2 Bedroom & 2 Baths on opposite sides of the unit. Kitchen with granite counter, brand new stainless steel appliances includes new stove, new hood and new dishwasher. Spacious living room with a bundle of natural light and an elegant fireplace, and tall sliding glass doors leading to a private balcony to take advantage of the view! (peekaboo Ocean view) Main bedroom suite with a fireplace and spacious walk in closet and en-suite bathroom. Additional features include an inside Laundry in closet, 2 car side by side parking spaces with extra locked storage room, 2 elevators, controlled guarded entry to building, pool and spa, recreation room with a pool table, awesome fitness center with sauna, and a large conference room. 23 guest parking spots and electric car charging areas too! This prime location offers the convenience of biking to the beach, minutes to UCLA, Santa Monica Beaches, as well as Brentwood Shops and Dining. A great place to call home and a must see!

Details

Property type

Condominium

Est. home value

$954,169

Lot size

0.6297 acres

Price per sq ft

$710

Year built

1996

Monthly HOA fee

$810

Price History

10/17/2024
CRMLS

CRMLS #AR24142554

Pending
$938,000
09/28/2024
CRMLS

CRMLS #AR24142554

Price change
$938,000
-5.06%
08/03/2024
CRMLS

CRMLS #AR24142554

Listed
$988,000

Schools & Community

Neighborhood: 

Sawtelle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Los Angeles Unified

Number of units in community: 

60

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

$150,356
Asking price
$938,000
Closing costs (~8% of asking)
-$75,040
Est. remaining loan balance
-$712,604
Cash to seller
$150,356

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

March 2023

Original loan amount

$726,750

Est. remaining balance

$712,604

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

Derek Yiwai Wong

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 4:40 AM

Listing updated: 10/17/2024 at 12:55 PM

Listed by: Sharon Liu, Re/Max Premier Prop Arcadia Phone #: (626) 229-2200

MLS: CRMLS #AR24142554

CRMLS logo

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