tomo logo

$495,000

Beds
2
Baths
1.0
sq ft
804

25925 Narbonne Ave Unit 20, Lomita, CA 90717

25925 Narbonne Ave Unit 20

Lomita, CA 90717

  • 37 days on market
Fantastic opportunity as starter home or investment! Upper level 2 bedroom, 1 bath condo with 2 carport spots. Kitchen is remodeled with quartz counters and refaced cabinets. Waterproof luxury vinyl plank flooring recently installed throughout (except for stone in kitchen and bath). Smooth ceilings and crown moldings elevate the look. HOA amenities include pool, spa, sauna, outdoor seating, and lovely courtyard. HOA fee covers common area maintenance, insurance, water, trash, basic cable, and trash. Unit owner pays only for electricity and upgraded cable/internet if desired. Great central location in Lomita near schools, restaurants, coffee shops, and shopping.

Details

Property type

Condominium

Est. home value

$460,404

Lot size

1.3612 acres

Price per sq ft

$616

Year built

1973

Monthly HOA fee

$444

Price History

05/30/2024
CRMLS

CRMLS #SB24109672

Listed
$495,000
+32%
04/01/2021
CRMLS

CRMLS #PV21020293

Sold
$375,000

Schools & Community

Elementary school: 

Eshelman

Middle school: 

Fleming

High school: 

Narbonne

Community features: 

Pool, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

45

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

$194,735
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$260,665
Cash to seller
$194,735

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

Seller’s Loan History

Lender

Stratis Financial Corp

Loan start date

March 2021

Original loan amount

$281,250

Est. remaining balance

$260,665

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Diane M Tregarthen and The Tregarthen Family Trust

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 11:35 PM

Listing updated: 06/28/2024 at 9:53 PM

Listed by: Arda Clark, Beach City Brokers Phone #: (310) 543-3536

MLS: CRMLS #SB24109672

CRMLS logo

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