tomo logo

$1,275,000

Beds
4
Baths
1.75
sq ft
1,522

26215 Ocean View Ave, Lomita, CA 90717

26215 Ocean View Ave

Lomita, CA 90717

  • 4 days on market
Nestled on a beautiful street in Lomita Pines, adjacent to Rolling Hills, this 3 bedroom/1 bath Spanish style home of approximately 1,265 square feet boasts a brand NEW construction oversized 6 car garage with a studio ADU above on the second floor ready for any buyer.   The units overlook the city on a larger lot.  The new garage/ADU was designed as the ultimate garage, including a built-in lift system, tons of storage, a Rivian charger, solar panels, “BigAss” fan to cool off the warmer days, skylights and custom paint and flooring.  The upstairs ADU was designed as a studio with a beautiful bathroom with floor to ceiling tile, and kitchen and a nice size living area.     Originally built in 1931 the main home has undergone recent updates such as whole new electrical with new 200 amp power, new HVAC with ducting, new dual pane windows, new doors, updated kitchen, new appliances, and bathroom. Some areas remain for renovation.     The rear swimming pool had been redone by the prior owner and would need new equipment at some time in the future but looks great.  You have a long driveway that can accommodate RV parking or a trailer, up to 6 additional cars, including a covered carport for 2. This unique property offers many possibilities, combining location, usability, charm, city views, potential rental property, or a car collector’s dream with a 6 car garage and driveway space. There is nothing on the market like it!

Details

Property type

Single Family Residence

Est. home value

$927,845

Property condition

Updated/Remodeled
Under Construction

Lot size

7,745 sq ft

Price per sq ft

$838

Year built

1931

HOA

No

Price History

01/17/2025
CRMLS

CRMLS #SB25010878

Listed
$1,275,000
+47.4%
02/16/2022
CRMLS

CRMLS #SB21257886

Sold
$865,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights

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

$566,932
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$606,068
Cash to seller
$566,932

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

Seller’s Loan History

Lender

Thayer Financial Corp

Loan start date

January 2022

Original loan amount

$647,200

Est. remaining balance

$606,068

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Maury Gentile and Tracy Lyn Gentile

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: 01/20/2025 at 4:55 PM

Listing updated: 01/18/2025 at 9:19 AM

Listed by: Christopher Gentile, West Shores Realty, Inc. Phone #: (310) 541-8000

MLS: CRMLS #SB25010878

CRMLS logo

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