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$1,707,864Estimated home value

Beds
5
Baths
3.5
sq ft
2,906

5827 Oak Ave, Temple City, CA 91780

5827 Oak Ave

Temple City, CA 91780

  • Off market
Rarely available Two detached single family homes on one lot. Ranch style homes on a large lot approx. 9178 sq. ft., centrally located to shopping, restaurants, schools (Temple City School) and transportation. The first home is an spanish style home that has 2 bedrooms, 1.5 baths, approx. 1224 sq. ft. of living area, with gated frontage location, featuring spacious living room w/ fireplace, separate dining area, remodeled shower in 2023, and kitchen counter was replaced in 2021, central AC and 2 car garage with courtyard, originally built in 1925. The 2nd home is a contemporary style home that has 3 bedrooms, 2 bathrooms, w/ living/dining combo with fireplace, approx. 1682 sq. ft. of living area, built in 1996, with newer central AC installed in 8/2020. This 2nd home is located at the back of the lot with private yard and 2 car garage. Both homes is above average condition and ready for new owner/investor. Rents: #5827 (larger rear house) has long term tenants since 7/14/18, lease expires 4/30/2025 current rent is $3035.00 and #5829 (front house) has long term tenants since 3/18/18 lease expires 6.30.25, current rent $2400 Mthly with increase 7/1/24 $2640 Mthly Please allow 48 hrs notice to show property

Details

Property type

Single Family Residence

Est. home value

$1,707,864

Property condition

Updated/Remodeled

Lot size

9,178 sq ft

Price per sq ft

$585

Year built

1996

Price History

07/09/2024
CRMLS

CRMLS #SW23180574

Removed
$1,699,777
09/29/2023
CRMLS

CRMLS #SW23180574

Listed
$1,699,777
+66.64%
12/07/2015
CRMLS

CRMLS #AR15141530

Sold
$1,020,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Sidewalks

High school district: 

Temple City 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

$1,024,988
Asking price
$1,699,777
Closing costs (~8% of asking)
-$135,982
Est. remaining loan balance
-$538,807
Cash to seller
$1,024,988

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

October 2015

Original loan amount

$663,000

Est. remaining balance

$538,807

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Chen Tung Living Trust and Lisa L Chen

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: Off Market

Tomo last checked: 10/04/2024 at 5:55 PM

Listing updated: 06/28/2024 at 4:43 PM

Listed by: Elton Behrens, Corporate America Investments Phone #: (510) 487-8879

MLS: CRMLS #SW23180574

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