tomo logo

$1,975,000

Beds
4
Baths
4.0
sq ft
3,000

5001 Palomar Dr, Tarzana, CA 91356

5001 Palomar Dr

Tarzana, CA 91356

  • 16 days on market
    • Open house Feb 02
Nestled in the highly sought-after neighborhood of Tarzana, south of the boulevard, this charming 4-bedroom, 4-bathroom home offers endless potential and a chance to make it your own. Boasting an expansive lot size, the property provides ample outdoor space ideal for relaxation, recreation, or entertaining guests. Step inside to discover an open floor plan bathed in natural light, creating an inviting and airy atmosphere throughout. While the home may benefit from a bit of cosmetic remodeling, it presents the perfect opportunity to customize and design your dream space. The layout seamlessly connects the living, dining, and kitchen areas, making it perfect for hosting gatherings or enjoying cozy family evenings. Located in one of Tarzana's premier neighborhoods, this home offers the perfect blend of tranquility and convenience, with nearby access to trendy shops, and fine dining. With a bit of TLC, this property has the potential to become the ultimate dream home! Don't miss this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$2,399,223

Lot size

0.4717 acres

Price per sq ft

$659

Year built

1957

HOA

No

Price History

01/17/2025
CLAW

CLAW #25485317

Listed
$1,975,000

Schools & Community

Neighborhood: 

Tarzana

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

$1,318,146
Asking price
$1,975,000
Closing costs (~8% of asking)
-$158,000
Est. remaining loan balance
-$498,854
Cash to seller
$1,318,146

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

Seller’s Loan History

Lender

West One Capital Group Inc

Loan start date

February 2021

Original loan amount

$548,250

Est. remaining balance

$498,854

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

David Shoham and Yaelle Shoham

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?

Similar Homes Nearby

CLAW
$1,775,000
4 bd
|
3.5 ba
|
3,033 sq ft
|
House

19552 Rosita St, Tarzana, CA 91356

Price drop
CLAW
$1,695,000
4 bd
|
4 ba
|
3,320 sq ft
|
House

18827 Edleen Dr, Tarzana, CA 91356

CRMLS
$1,999,000
4 bd
|
4 ba
|
3,338 sq ft
|
House

18625 Delano St, Tarzana, CA 91335

Status: Active

Tomo last checked: 02/02/2025 at 2:00 AM

Listing updated: 01/31/2025 at 5:35 PM

Listed by: Camyar Shoham, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #25485317

CLAW logo

Recently listed in Tarzana

$2,350,000|4 bd|2.5 ba|House
$3,000,000|5 bd|4.0 ba|House
$2,649,000|4 bd|3.5 ba|House
$1,899,000|4 bd|4.0 ba|House
$1,700,000|5 bd|3.0 ba|House
$759,000|2 bd|3.0 ba|Townhouse
$1,999,000|3 bd|3.0 ba|House
$995,000|4 bd|2.0 ba|House