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$1,199,999

Beds
3
Baths
2.0
sq ft
1,523

4000 Berenice Ave, Los Angeles, CA 90031

4000 Berenice Ave

Los Angeles, CA 90031

  • 33 days on market
    • Price drop $49,001↓
Amazing Sunset Views!!! Stunning two-level home in Montecito Heights featuring panoramic mountain and city views. With 1,395 sqft of total space, the upper-level main house (1,195 sqft) boasts 3 bedrooms, 1 bath (with space to add a 2nd bath), a sunlit living room with a cozy fireplace, laundry room, and a modernized kitchen. Enjoy seamless indoor-outdoor flow with a private balcony, lush backyard, and al fresco dining area. The lower level features a bonus 200 sqft room with kitchenette, full bath, and private entry, ideal for rental income, guest suite or as a creative studio. Over $100,000 in recent upgrades: solar panels,(owned/included) Tesla charging station(included) new HVAC, fresh paint, elegant lighting, Kayu Batu decking, a tankless water heater, and a beautifully landscaped, low-maintenance backyard. Conveniently located between Highland Park and Montecito, close to Debs Lake, hiking trails, and minutes from Downtown LA and Pasadena. Perfect for first-time buyers, with easy freeway access and a detached two-car garage! Legal shows 1195 SQFT+Bonus room approximately 328 SQFT=1523SQFT Bonus Room includes-Bed and Kitchen area, dining and bathroom. Submit!! all reasonable offers by 11/25/2024. Seller's are motivated!!

Details

Property type

Single Family Residence

Est. home value

$1,032,027

Lot size

5,199 sq ft

Price per sq ft

$788

Year built

1926

HOA

No

Price History

11/14/2024
CRMLS

CRMLS #SR24207468

Price change
$1,199,999
-3.92%
11/06/2024
CRMLS

CRMLS #SR24207468

Price change
$1,249,000
-3.55%
10/20/2024
CRMLS

CRMLS #SR24207468

Listed
$1,295,000
+40%

Schools & Community

Neighborhood: 

Montecito Heights

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

$254,171
Asking price
$1,199,999
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$849,828
Cash to seller
$254,171

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

July 2022

Original loan amount

$878,750

Est. remaining balance

$849,828

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Natasha Jane Trindall

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: 11/21/2024 at 11:35 PM

Listing updated: 11/17/2024 at 5:40 PM

Listed by: Nilanthi De Silva, Dream Home Property Management Phone #: (805) 560-1660

MLS: CRMLS #SR24207468

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