tomo logo

$540,000

Beds
2
Baths
2.0
sq ft
950

25837 Oak St Unit 228, Lomita, CA 90717

25837 Oak St Unit 228

Lomita, CA 90717

  • 2 days on market
This is Oakwood Terrace,  a beautiful quiet 40 unit gated complex in Lomita Pines. The home is a desirable top floor, south facing, one level home with a loft. Views of Palos Verdes from the balcony. The warm and inviting interior has great natural light. The large living room has vaulted Cathedral ceiling, dining room and kitchen open to a private balcony overlooking the courtyard of the complex.  Newer updated floors with double pane windows.  Washer and dryer included in the unit.  The kitchen has granite counters and stainless steel appliances (refrigerator, gas range, microwave and dishwasher) all included. All rooms have just been painted. This is a 2 bedroom, 2 bath with a loft that can be used for a home office.  The large primary suite has wall length closets.  The bright second bedroom has a wall length closet and large window with expansive view. Below the unit is the detached covered secure gated parking area with 2 side by side parking spots with their own storage bins.  There was an assessment for a new 2 year old roof that the owner has paid.   The home is in a secure and lovely complex with a pool, jacuzzi and sports court. This property is convenient to the Freeways, Costco, Redondo Beach (5 mile drive), Rolling Hills Plaza (1 mile drive) with over 60 businesses including Whole Foods, Trader Joe’s, Mendocino Farms and many others along with popular restaurants and the AMC theater. The Target store is a short 6 minute walk. This home has a great location and value.

Details

Property type

Condominium

Est. home value

$567,210

Lot size

1.3982 acres

Price per sq ft

$569

Year built

1976

Monthly HOA fee

$474

Price History

10/11/2024
CRMLS

CRMLS #SB24209681

Listed
$540,000
-3.57%
07/12/2022
CRMLS

CRMLS #SB22102269

Sold
$560,000
+72.31%
09/28/2015
CRMLS

CRMLS #PV15170783

Sold
$325,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Park, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

40

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

$148,566
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$348,234
Cash to seller
$148,566

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

Seller’s Loan History

Lender

Draper & Kramer Mortgage Corp

Loan start date

June 2022

Original loan amount

$360,000

Est. remaining balance

$348,234

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

James Lee Kawakami and Samantha Marie Kawakami

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: 10/13/2024 at 4:15 PM

Listing updated: 10/12/2024 at 6:31 AM

Listed by: William Mar, Strand Hill Properties Phone #: (310) 545-0707

MLS: CRMLS #SB24209681

CRMLS logo

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