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$2,249,000

Beds
3
Baths
3.0
sq ft
1,846

2740 Federal Ave, Los Angeles, CA 90064

2740 Federal Ave

Los Angeles, CA 90064

  • <1 day on market
    • Open house Sep 21
Situated on a quiet street in the highly desirable West LA area, this beautifully renovated 3 Bed, 3 Bath, contemporary traditional home offers a fresh & updated feel. Fully renovated three years ago, the spacious kitchen features a waterfall edge quartz island, white shaker cabinetry complemented by luxurious gold fixtures, stainless steel appliances, wine fridge, & a large pantry. The kitchen flows effortlessly into the open dining and living room, creating a welcoming space for gatherings and daily life. Down the hallway, you'll pass two additional spacious bedrooms along with two lavish, newly remodeled bathrooms. The primary bedroom is truly breathtaking with its vaulted shiplap ceiling, spacious walk-in closet, and an elegant bathroom featuring dual sinks, a luxurious walk-in shower, & a skylight boasting an abundance of natural light. Outside, the backyard offers an enormous 180 sqft covered deck, perfect for relaxing or entertaining guests, along with an outdoor dining area, complemented by a generous grassy space, all surrounded by mature landscaping & a tall fence for additional privacy. The home also features a one-car garage that was converted into a fully permitted, nearly 200 sqft rec room that can still function as a garage, or utilized as a home office, play room, or additional storage. Truly a stunning, one-of-a-kind property that you won't want to miss!

Details

Property type

Single Family Residence

Est. home value

$2,149,153

Property condition

Updated/Remodeled

Lot size

5,308 sq ft

Price per sq ft

$1,219

Year built

1949

HOA

No

Price History

09/19/2024
CLAW

CLAW #24436209

Listed
$2,249,000
+16.83%
05/27/2021
CLAW

CLAW #21709984

Sold
$1,925,000

Schools & Community

Neighborhood: 

Mar Vista

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$635,029
Asking price
$2,249,000
Closing costs (~8% of asking)
-$179,920
Est. remaining loan balance
-$1,434,051
Cash to seller
$635,029

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

May 2021

Original loan amount

$1,540,000

Est. remaining balance

$1,434,051

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Simone Monique Riley and David Michael Riley

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: 09/19/2024 at 4:50 PM

Listing updated: 09/19/2024 at 12:49 PM

Listed by: Alicia Rivett, The Agency Phone #: (424) 230-3700

MLS: CLAW #24436209

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