tomo logo

$1,495,950

Beds
3
Baths
3.0
sq ft
2,262

14123 Valerio St, Van Nuys, CA 91405

14123 Valerio St

Van Nuys, CA 91405

  • 22 days on market
This unique property offers endless possibilities. A single family home with a large lot, a possible subdivision to build houses, townhouses, etc. With a 159 feet frontage and a 169 feet depth (26,862 sqft) property can be someone's dream house or business venture. There is a 2200sqft house on the lot. Gates, pool and plenty of grounds that's left to the buyer's imagination. Located in a very desirable residential area of Van Nuys. Close to freeways (101 and 405), close to shops.

Details

Property type

Single Family Residence

Est. home value

$1,243,637

Property condition

Fixer

Lot size

0.6167 acres

Price per sq ft

$662

Year built

1932

Price History

06/07/2024
CRMLS

CRMLS #SR24116808

Listed
$1,495,950
+42.47%
09/08/2022
CRMLS

CRMLS #GD22153872

Sold
$1,050,000

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles 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

$761,635
Asking price
$1,495,950
Closing costs (~8% of asking)
-$119,676
Est. remaining loan balance
-$614,639
Cash to seller
$761,635

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

August 2022

Original loan amount

$630,000

Est. remaining balance

$614,639

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Abraam Kelyan and Hakop Jack Karibyan

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: 06/29/2024 at 4:55 AM

Listing updated: 06/28/2024 at 11:33 AM

Listed by: Hrach Arjoyan, SoCal Real Estate Services Phone #: (818) 763-9600

MLS: CRMLS #SR24116808

CRMLS logo

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