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$1,395,000

Beds
2
Baths
2.0
sq ft
1,467

3155 Coldwater Canyon Ave, Studio City, CA 91604

3155 Coldwater Canyon Ave

Studio City, CA 91604

  • 101 days on market
    • Price drop $55,000↓
Charming and Unique Studio City Home: Ideal residence or Lucrative Investment Opportunity. Welcome to this charming and spacious 2 bedroom & 2 bathroom home nestled in Studio City off Coldwater Canyon. Boasting both residential comfort and investment potential with a 2+2 almost 1500 sqft unit upstairs and a 1+1 bonus unit down below. You could live upstairs and rent the downstairs. This home is very private with lush landscape and tons of privacy. This home offers stunning views of the canyon and hills and nearby hiking trails. Whether you're envisioning a cozy retreat to call your own or seeking a lucrative investment opportunity, this Studio City home offers the perfect blend of comfort,convenience and potential. Both the upper unit and lower unit each have their own laundry area and there's an additional storage area attached to the lower unit. Don't miss out on making this place yours today.

Details

Property type

Single Family Residence

Est. home value

$1,578,947

Lot size

0.3021 acres

Price per sq ft

$951

Year built

1957

Price History

04/29/2024
CRMLS

CRMLS #SR24054907

Price change
$1,395,000
-3.79%
03/22/2024
CRMLS

CRMLS #SR24054907

Listed
$1,450,000

Schools & Community

Neighborhood: 

Sherman Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$982,819
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$300,581
Cash to seller
$982,819

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2012

Original loan amount

$416,000

Est. remaining balance

$300,581

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

Mohammadreza Tahmasebi

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: 07/01/2024 at 8:25 AM

Listing updated: 05/23/2024 at 4:40 PM

Listed by: Michael Hrezo, RE/MAX of Santa Clarita Phone #: (661) 255-2650

MLS: CRMLS #SR24054907

CRMLS logo

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