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$1,398,000

Beds
3
Baths
2.25
sq ft
2,512

1906 S Patton Ave, San Pedro, CA 90732

1906 S Patton Ave

San Pedro, CA 90732

  • 1 day on market
Nestled on a desirable corner lot in San Pedro, this remarkable property boasts unparalleled curb appeal and breathtaking vistas. From its elevated position, enjoy sweeping panoramic views that stretch from downtown Los Angeles to Dana Point, encompassing city lights, mountain ranges, the harbor, and the Pacific ocean. This home was thoughtfully renovated to combine elegance and comfort. Step through the custom double iron entry doors into spacious living and dining areas, adorned with large picture windows that frame the captivating views. Step onto the balcony to savor your morning coffee while watching the sun rise over the Saddleback Mountains. The gourmet kitchen is a chef's dream, featuring custom cabinetry, granite countertops, a natural stone backsplash, two walk-in pantries, and top-of-the-line stainless steel appliances. The upper level includes a serene primary suite, complete with a sitting area, cedar-lined walk-in closet, and a beautifully upgraded bathroom featuring heated floors and an expansive shower. Additionally, a guest bedroom and well-appointed bathroom, as well as a spacious laundry room with ample cabinetry and folding counters, complete the upper floor. A travertine staircase with a iron hand rail leads to the lower level, which offers a generous family room with a cozy fireplace, a large bedroom, a remodeled ¾ bathroom, and a versatile flex room with a wet bar. This space is perfect for an office, gym, wine cellar, or can be converted into a kitchenette to accommodate multi-generational living or private guest quarters. An additional bonus on this level are the two walk-in storage areas. The rear outdoor space is equally impressive, offering a large patio with pergola, built-in BBQ, composite deck, elevated planters, room for a vegetable garden and views of the harbor and ocean. It's a great space for entertaining family and friends. A detached three-car garage with a finished interior and built-in cabinets complete this incredible property. Experience luxury, functionality, and awe-inspiring views in this one-of-a-kind San Pedro residence. Don’t miss the opportunity to call this masterpiece your home! NOTE: A QUALIFIED VA BUYER CAN ASSUME THE EXISTING LOAN WITH A BALANCE OF APPROX. $1,233,000 AND A FIXED RATE AT 2.5%. THAT EQUATES TO THE SAME PAYMENT AS A LOAN AMOUNT OF $875,000 AT 6% INTEREST RATE AND OVER 3 YEARS OF THE FRONT-LOADED INTEREST PAYMENTS HAVE BEEN MADE SO THERE IS LESS THAN 27 YEARS LEFT ON THE LOAN!!! HURRY!

Details

Property type

Single Family Residence

Est. home value

$1,429,522

Property condition

Updated/Remodeled

Lot size

4,999 sq ft

Price per sq ft

$557

Year built

1957

HOA

No

Price History

01/21/2025
CRMLS

CRMLS #SB25009275

Listed
$1,398,000
+4.72%
09/14/2021
CRMLS

CRMLS #OC21132174

Sold
$1,335,000

Schools & Community

Neighborhood: 

San Pedro

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Fishing, Golf, Park, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

1

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

$52,414
Asking price
$1,398,000
Closing costs (~8% of asking)
-$111,840
Est. remaining loan balance
-$1,233,746
Cash to seller
$52,414

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

August 2021

Original loan amount

$1,332,000

Est. remaining balance

$1,233,746

Interest rate

3.02%

Loan type

VA, 30 year

Seller

Mark G Olson and Kathleen M Olson

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?

Status: Active

Tomo last checked: 01/21/2025 at 8:50 PM

Listing updated: 01/21/2025 at 5:00 PM

Listed by: Gary Krill, Compass Phone #: (310) 241-3038

MLS: CRMLS #SB25009275

CRMLS logo

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