tomo logo

$452,000

Beds
1
Baths
1.0
sq ft
610

535 Magnolia Ave Unit 418, Long Beach, CA 90802

535 Magnolia Ave Unit 418

Long Beach, CA 90802

  • 37 days on market
Close to the beach, only a 5 minute drive and located just blocks from the freeway.  This top floor unit has two balconies with garden views below and a courtyard water feature with fountains and beautiful LED lighting at night. Upon entering the unit, you will be greeted by an open concept with brand new paint and wood flooring throughout completed in 2023.  The kitchen has stainless steel appliances, a farmhouse sink, quartz counters and a marble backsplash to round it out.  The living space is well lit with a slider leading out to the balcony and an area that can be utilized for dining or an office. The unit has a laundry closet at the end of the hallway with a stackable washer and dryer included along with Central AC easily controlled by a Nest Thermostat. The bedroom also has a balcony, very large closet and fully updated bathroom.  This condo includes one dedicated parking space in the building's gated parking garage, a community room and gym as well as guest parking spots. From the rooftop pool & spa you have incredible views of downtown Long Beach. Walking distance from public transportation, Starbucks within a few blocks, restaurants, shopping, historic Pine Avenue, Queen Mary, Aquarium and the Pike. Don't wait on this one.

Details

Property type

Condominium

Est. home value

$431,245

Property condition

Updated/Remodeled

Lot size

0.8016 acres

Price per sq ft

$741

Year built

1990

Monthly HOA fee

$404

Price History

08/14/2024
CRMLS

CRMLS #OC24107684

Removed
$455,950
+0.87%
08/14/2024
CRMLS

CRMLS #OC24168092

Listed
$452,000
-0.87%
05/28/2024
CRMLS

CRMLS #OC24107684

Listed
$455,950
+2.46%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

82

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

$6,767
Asking price
$452,000
Closing costs (~8% of asking)
-$36,160
Est. remaining loan balance
-$409,073
Cash to seller
$6,767

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

Seller’s Loan History

Lender

My Move Mortgage Llc

Loan start date

July 2022

Original loan amount

$422,750

Est. remaining balance

$409,073

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Felicity Margaret Anne Wightwick

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: 09/19/2024 at 5:00 PM

Listing updated: 08/22/2024 at 10:55 AM

Listed by: Catrina Quanstrom, EQTY Forbes Global Properties Phone #: (949) 438-4908

MLS: CRMLS #OC24168092

CRMLS logo

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