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$2,250,000

Beds
3
Baths
3.5
sq ft
2,063

12566 Indianapolis St, Los Angeles, CA 90066

12566 Indianapolis St

Los Angeles, CA 90066

  • 620 days on market
    • Price drop $50,000↓
"Amazing Price Drop! Act Now!" Sellers have found home of choice and are motivated to sell quickly. Don't Miss Out on this huge opportunity! Absolutely stunning custom built home in the prime area of Mar Vista that is just minutes from the beach. This contemporary two-story home offers 3 bedrooms and 3.5 bathrooms with an open layout that is perfect for entertaining. The eye-catching entry welcomes you to the living area that flows seamlessly into the kitchen, which includes a large waterfall island. This private and gated home features a beautiful wooden deck that overlooks a large and private backyard as well as a ramp for wheelchair access on the west side of the home leading to the driveway. The interior is drenched in natural light and filled with luxurious materials throughout. Storage is never a problem with several storage closets including a large walk-in closet in the master bedroom. New fire sprinkler system has also been installed. This location is hard to beat, it is quietly nestled near Santa Monica, Ocean Park, Venice and some of the best restaurants and shops in the area. You do not want to miss out on this beautiful home!

Details

Property type

Single Family Residence

Est. home value

$2,402,446

Property condition

Updated/Remodeled

Lot size

5,700 sq ft

Price per sq ft

$1,091

Year built

1947

HOA

No

Price History

09/06/2024
CRMLS

CRMLS #SR23061099

Price change
$2,250,000
-2.17%
05/16/2024
CRMLS

CRMLS #SR23061099

Price change
$2,300,000
-2.09%
03/13/2024
CRMLS

CRMLS #SR23061099

Price change
$2,349,000
-2.08%

Schools & Community

Neighborhood: 

Mar Vista

Elementary school: 

Mar Vista

Middle school: 

John Adams

High school: 

Mar Vista

Community features: 

Street Lights, Sidewalks

High school district: 

Palos Verdes Peninsula 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

$1,697,403
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$372,597
Cash to seller
$1,697,403

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$407,000

Est. remaining balance

$372,597

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Peewee A Navarro Calderon and Cheryl Fontillas Llave

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: 12/22/2024 at 6:05 AM

Listing updated: 12/09/2024 at 7:54 AM

Listed by: Jamal Khawaja, JFK Realty & Loan Depot Inc. Phone #: (707) 595-2535

MLS: CRMLS #SR23061099

CRMLS logo

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