tomo logo

$2,995,000

Beds
2
Baths
2.0
sq ft
1,290

2960 Neilson Way Unit 401, Santa Monica, CA 90405

2960 Neilson Way Unit 401

Santa Monica, CA 90405

  • 539 days on market
Exquisite penthouse with ocean views in the heart of Ocean Park. This top floor 2 bed and 2 bath unit has been fully remodeled with custom, designer finishes. The large walk-out terrace offers the perfect spot for al fresco dining or to watch the sunset, with head-on ocean and beach views. Other highlights include a custom kitchen with Miele appliances, recessed lighting and hardwood floors throughout. A spacious master suite hosts a customizable walk-in closet, spa-like en-suite bathroom, and ocean views. The guest suite includes built-in cabinetry and large guest bathroom. This one-of-a-kind unit boasts a rare north-western exposure, allowing for an influx of natural light at all hours of the day. The perfect beachside retreat located just moments from all that Santa Monica and Venice have to offer. Enjoy all the benefits of the exclusive Sea Colony II private community including concierge services, 24-hour guard-gated security, heated pool, 3 spas, men's & woman's saunas, fitness center, yoga room, guest parking, and lush landscaping.

Details

Property type

Condominium

Est. home value

$2,716,914

Lot size

3.0788 acres

Price per sq ft

$2,322

Year built

1980

Monthly HOA fee

$1,260

Price History

01/05/2024
CLAW

CLAW #23231185

Listed
$2,995,000

Schools & Community

Neighborhood: 

Santa Monica Pier Area/Ocean Avenue

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$1,803,354
Asking price
$2,995,000
Closing costs (~8% of asking)
-$239,600
Est. remaining loan balance
-$952,046
Cash to seller
$1,803,354

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

April 2014

Original loan amount

$1,200,000

Est. remaining balance

$952,046

Interest rate

4.37%

Loan type

New Conventional, 30 year

Seller

Sanford R Climan and Sanford R Climan Living 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?

Status: Active

Tomo last checked: 07/03/2024 at 11:40 AM

Listing updated: 02/16/2024 at 10:14 AM

Listed by: Jade Mills, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #23231185

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