tomo logo

$700,000

Beds
2
Baths
2.0
sq ft
1,291

1344 5th St Unit 8, Glendale, CA 91201

1344 5th St Unit 8

Glendale, CA 91201

  • 164 days on market
    • Price drop $30,000↓
Welcome to this charming two bed, two bath gated condominium nestled in a prime area of Glendale. The well-appointed layout features a generous living space adorned with a warm fireplace and large dining room. The living space connects directly to the outdoor patio, perfect for entertaining. Just off of the dining room is the spacious kitchen and breakfast nook. Down the hall is the guest bathroom, a dedicated laundry room, and both bedrooms. The master bedroom boasts a private en-suite bathroom and two closets for ample storage. The nearby elevator gives you access to the gated subterranean parking with 2 dedicated side by side parking spots. This unit also offers 2 personal storage closets, one being just outside of the unit, and a second in the garage. Close to major freeways, shopping, entertainment, restaurants, schools, and so much more. Don't miss the opportunity to make this delightful property your new home. Schedule a viewing today!

Details

Property type

Condominium

Est. home value

$722,466

Lot size

1.0815 acres

Price per sq ft

$543

Year built

1981

Monthly HOA fee

$450

Price History

06/13/2024
CRMLS

CRMLS #GD24014271

Listed
$700,000
05/10/2024
CRMLS

CRMLS #GD24014271

Pending
$700,000
04/19/2024
CRMLS

CRMLS #GD24014271

Price change
$700,000
-4.11%

Schools & Community

Neighborhood: 

Grandview

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

High school district: 

Glendale Unified

Number of units in community: 

38

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

$280,437
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$363,563
Cash to seller
$280,437

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

Seller’s Loan History

Lender

Sg Capital Partners Of California Llc

Loan start date

April 2021

Original loan amount

$390,000

Est. remaining balance

$363,563

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Michael Nazarian

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: 07/05/2024 at 7:05 PM

Listing updated: 06/18/2024 at 1:22 PM

Listed by: Alex Matevosian, MIG Commercial Real Estate Ser Phone #: (818) 482-3830

MLS: CRMLS #GD24014271

CRMLS logo

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