tomo logo

$1,150,000

Beds
3
Baths
2.5
sq ft
1,681

28390 Rey de Copas Ln, Malibu, CA 90265

28390 Rey de Copas Ln

Malibu, CA 90265

  • 43 days on market
Beautiful, updated townhome in Malibu Villas. This 3 bedroom, 3 bath offers high ceilings, natural light and peekaboo ocean views. Enter into this tri-level unit to your living, kitchen and dining room with a wood burning fireplace and balcony. Features include wood laminate floors, updated kitchen cabinetry, appliances and bathrooms. The third bedroom is an upstairs loft space with bathroom and natural light. Lower level includes your primary suite with a balcony and walk-in closet and second en-suite bedroom with private garden patio. Washer and dryer is located in the 2-car garage. Wonderful opportunity for a 1031-exchange as the unit will be Tenant occupied until June 2025 at $6,750/mo.

Details

Property type

Townhouse

Est. home value

$1,180,011

Lot size

3,909 sq ft

Price per sq ft

$685

Year built

1974

Monthly HOA fee

$855

Price History

08/22/2024
CLAW

CLAW #24431009

Listed
$1,150,000
08/18/2024
CLAW

CLAW #24375967

Removed
$1,150,000
07/09/2024
CLAW

CLAW #24375967

Listed
$1,150,000

Schools & Community

Neighborhood: 

Ramirez Canyon

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Monica-Malibu 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

$365,137
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$692,863
Cash to seller
$365,137

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

May 2022

Original loan amount

$720,000

Est. remaining balance

$692,863

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Fox Mca1 Llc

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: 10/04/2024 at 8:20 PM

Listing updated: 09/26/2024 at 7:20 AM

Listed by: Gayle Pritchett, Sotheby's International Realty Phone #: (310) 456-6431

MLS: CLAW #24431009

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