tomo logo

$799,000

Beds
2
Baths
2.5
sq ft
1,489

13220 Valleyheart Dr Unit 306, Studio City, CA 91604

13220 Valleyheart Dr Unit 306

Studio City, CA 91604

  • 64 days on market
Don't miss an incredible opportunity in the heart of Studio City! This charming two-story Penthouse features 2 Bedrooms, 2.5 Bathrooms and a great sized Loft. Offering stunning views and a spacious layout of nearly 1,500 square feet combined with modern design with elegant details. This unit resides in a boutique building of just 20 units and is directly across the street from the popular Valleyheart Riverwalk Greenway. Enjoy tree-lined views, an expansive open floor plan and loft area with a wet bar and access to a private rooftop patio. Spacious eat-in kitchen is a highlight, featuring ample cabinet space, stainless steel appliances, quartz countertops, and a dining bar. The living room boasts soaring ceilings, a cozy balcony, gas fireplace and flows into a formal dining area. The spacious corridor leads to two en-suite bedrooms and hosts a washer and dryer area for added convenience. The primary bedroom includes abundant closet space and a luxurious bath with dual sinks, a soaking tub, and its own balcony. The second bedroom also accommodates a king-sized bed and has a full size bath. The unit includes two tandem parking spaces, additional private storage, and amenities such as a gym, pool, guest parking and EQ insurance all covered by the HOA. New HVAC unit was installed in 2022. Just a block from Ventura Boulevard's shops and restaurants, this prime location offers easy access to transportation and a straightforward commute to the Westside.

Details

Property type

Condominium

Est. home value

$728,035

Lot size

0.3827 acres

Price per sq ft

$537

Year built

1988

Monthly HOA fee

$500

Price History

09/18/2024
CRMLS

CRMLS #SR24194153

Listed
$799,000
+7.83%
05/25/2023
CRMLS

CRMLS #SR23049926

Sold
$741,000

Schools & Community

Neighborhood: 

Studio City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

20

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

$152,974
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$582,106
Cash to seller
$152,974

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

Seller’s Loan History

Lender

First Republic Mortgage

Loan start date

April 2023

Original loan amount

$592,800

Est. remaining balance

$582,106

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Lorenzo E Martinez and Helyn Claire Lewis

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 2:05 PM

Listing updated: 10/13/2024 at 5:46 PM

Listed by: Kirina Sidelnik, UREG, Inc Phone #: (818) 605-7510

MLS: CRMLS #SR24194153

CRMLS logo

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