tomo logo

$1,299,500

Beds
4
Baths
4.0
sq ft
2,637

26314 Fairview Ave, Lomita, CA 90717

26314 Fairview Ave

Lomita, CA 90717

  • 58 days on market
    • Price drop $75,500↓
Per seller, this home is located in the heart of Lomita Pines!! It has two addresses!! The front house address is 26314 Fairview Ave, and the approx. 500 SQ- FT detached, permitted ADU address is 26316. Enter the main house with beautiful double doors and high wood ceilings, renovated, it has updated kitchen with new appliances, wine cooler, skylights, 3 bedrooms (two suites with private entrances), 3 bathrooms, walk in closet, porcelain floors, central heating & air, extra-large laundry room, copper plumbing, new gutters, paid-off Solar Panels, two car garage + two uncovered parking spots, fruit trees, outdoor built in fireplace and BBQ. The ADU offers 1 bedroom, 1 full bathroom, laundry hookups, high ceilings, big windows, bright and airy, it has its own private yard and private entrance. It can easily be rented out for extra income. Friendly neighborhood, quiet street close to all the freeways and close to the shopping areas. Neither Broker/Agent nor Seller make any representations or warranties on square footage. Buyer is advised to inspect and research all such matters on their own.

Details

Property type

Single Family Residence

Est. home value

$1,373,436

Lot size

7,581 sq ft

Price per sq ft

$493

Year built

1939

Price History

06/05/2024
CRMLS

CRMLS #SR24079138

Price change
$1,299,500
-5.49%
05/09/2024
CRMLS

CRMLS #SR24079138

Listed
$1,375,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Torrance 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

$400,532
Asking price
$1,299,500
Closing costs (~8% of asking)
-$103,960
Est. remaining loan balance
-$795,008
Cash to seller
$400,532

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

December 2021

Original loan amount

$840,000

Est. remaining balance

$795,008

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Syed Asif Quadri

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 10:30 PM

Listing updated: 06/21/2024 at 2:09 PM

Listed by: Sona Gallatin, Keller Williams Realty Westside Phone #: (310) 482-2500

MLS: CRMLS #SR24079138

CRMLS logo

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