tomo logo

$2,000,000

Beds
4
Baths
4.0
sq ft
2,126

5124 S Corning Ave, Los Angeles, CA 90056

5124 S Corning Ave

Los Angeles, CA 90056

  • 42 days on market
    • Price drop $150,000↓
Perched atop prestigious upper Ladera Heights, this beautifully updated 4-bedroom, 4-bathroom home offers the perfect balance of modern luxury and inviting comfort. Conveniently located near major thoroughfares, the 405 Freeway, LAX, and the beaches, it's an ideal spot for professionals working in Los Angeles as well as extended families with seniors who need a single-level floor plan. All bedrooms and bathrooms were meticulously updated in 2022 and 2024, creating a fresh, contemporary feel throughout. The efficient floor plan includes a primary suite with an ensuite bathroom, a large walk-in closet, and direct access to the backyard. With central air and individual split air conditioning units in bedrooms, personalized comfort is guaranteed, complemented by ceiling fans for additional airflow. Two bedrooms feature direct access to outdoor spaces, providing a seamless indoor-outdoor living experience. The large kitchen, outfitted with sleek stainless steel appliances and abundant cabinet space, seamlessly connects to the newly renovated entertaining areas—perfect for hosting gatherings. The home is bright and airy, from the formal entryway to the open living areas, offering a warm and welcoming atmosphere. Outside, enjoy a spacious patio, complete with an outdoor cooking area and a spa, ideal for year-round enjoyment. This home offers luxurious, low-maintenance living in a prime location. For added convenience, the home's stylish furniture and decor are also available for purchase. To truly appreciate the warmth and sophistication, schedule an in-person tour today!

Details

Property type

Single Family Residence

Est. home value

$1,887,272

Property condition

Updated/Remodeled

Lot size

9,258 sq ft

Price per sq ft

$941

Year built

1957

HOA

No

Price History

11/09/2024
CRMLS

CRMLS #PF24204417

Price change
$2,000,000
-6.98%
10/03/2024
CRMLS

CRMLS #PF24204417

Listed
$2,150,000
+18.14%
08/12/2022
CLAW

CLAW #22169771

Sold
$1,819,888

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban, Sidewalks

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

$1,077,751
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$762,249
Cash to seller
$1,077,751

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

July 2022

Original loan amount

$788,190

Est. remaining balance

$762,249

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Daniel Chung and Jamie Sun Chung

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: 11/14/2024 at 8:10 AM

Listing updated: 11/08/2024 at 10:10 PM

Listed by: Judy Lin Young, White Deer Ventures Inc.

MLS: CRMLS #PF24204417

CRMLS logo

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