tomo logo

$650,000

Beds
2
Baths
1.75
sq ft
1,163

1261 E 1st St Unit 10, Long Beach, CA 90802

1261 E 1st St Unit 10

Long Beach, CA 90802

  • 70 days on market
Discover your perfect retreat in this inviting top-floor condo with only one shared wall, where comfort meets convenience. Enjoy the luxury of your private garage with additional storage space and step into a home bathed in natural light. This home has an open-concept kitchen, featuring sleek hardwood floors throughout which seamlessly flow into the living area, creating an ideal space for both relaxation and entertaining. Double doors open to a large private patio, offering a serene outdoor oasis for your enjoyment. The primary bedroom is a true sanctuary, complete with an en suite bathroom for added privacy and convenience. Additional highlights include in-unit laundry and the benefit of being just a block from the beautiful Alamitos Beach. Experience coastal living at its finest with the perfect blend of style and practicality in this remarkable condo!

Details

Property type

Condominium

Est. home value

$595,123

Lot size

7,634 sq ft

Price per sq ft

$559

Year built

1958

Monthly HOA fee

$780

Price History

11/13/2024
CRMLS

CRMLS #BB24187186

Listed
$650,000
10/18/2024
CRMLS

CRMLS #BB24187186

Pending
$650,000
09/12/2024
CRMLS

CRMLS #BB24187186

Listed
$650,000

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

10

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

$283,221
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$314,779
Cash to seller
$283,221

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

May 2021

Original loan amount

$392,000

Est. remaining balance

$314,779

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Boris Borelly and Marta Polovin

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: 11/21/2024 at 2:45 PM

Listing updated: 11/13/2024 at 9:04 AM

Listed by: Robin McCary, eXp Realty of Greater Los Angeles, Inc. Phone #: (888) 652-1314

MLS: CRMLS #BB24187186

CRMLS logo

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