tomo logo

$2,749,000

Beds
4
Baths
3.25
sq ft
3,200

659 Broadway St, Venice, CA 90291

659 Broadway St

Venice, CA 90291

  • 90 days on market
This spectacular home designed by esteemed Venice architect Robert Thibodeau is the embodiment of sophisticated modern style. When you step into the 15' high sun drenched main floor, you cannot help but look up to admire the gorgeous wood lined ceilings, a Thibodeau trademark. This 4bdrm/4bth 3,200sqft architectural feels more like a single family residence than the townhome it is. The first floor has a formal entry/foyer followed by a family room w/room for an office nook or kitchen, 3 bedrooms, 2 bathrooms, and a lovely private patio. Walk up to the main living area, step on the wide plank oak floors, and you will see an oversized living room , a large dining space, and a kitchen designed for the entertaining chef/foodie. There is a 48" range (w/2 ovens), plus a wall oven & a wall microwave/convection oven, a wine fridge, & a pantry. Walk up to the primary suite, on it's own level, and enter your sanctuary where you will find 2 walk-in closets & a well appointed bathroom with a soaking tub perfect for luxuriating in. After that, go up to your private rooftop deck where you can enjoy the sunset w/panoramic views, and finish off the evening gazing up at the stars while sitting fireside. There is a 2 car garage along with extra outdoor parking. Walk or bike to the beach, take a stroll to Abbot Kinney or the Venice Canals. You are centrally located, near LAX, multiple freeways, and PCH. This Venice neighborhood is the ideal urban beach town featuring fabulous dining & shopping, beach & cultural activities, and so much more.... This property also makes for a great income opportunity, to use as a short or long term rental! Rent out the whole property, or live in the gorgeous top floors, and rent out the ground floor with it's 3bds/2bths, living room, private entrance, private patio, & space for a kitchen. Grab your things and move right in...

Details

Property type

Condominium

Est. home value

$2,938,176

Lot size

4,796 sq ft

Price per sq ft

$860

Year built

2016

HOA

Yes

Price History

08/24/2024
CLAW

CLAW #24407133

Removed
$2,749,000
08/23/2024
CLAW

CLAW #24431251

Listed
$2,749,000
08/08/2024
CLAW

CLAW #24421781

Removed
$2,749,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$1,953,808
Asking price
$2,749,000
Closing costs (~8% of asking)
-$219,920
Est. remaining loan balance
-$575,272
Cash to seller
$1,953,808

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2022

Original loan amount

$647,500

Est. remaining balance

$575,272

Interest rate

4.38%

Loan type

New Conventional, 15 year

Seller

Razmik Davoudian and Jeffrey Hoffman

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 2:05 PM

Listing updated: 11/14/2024 at 5:20 PM

Listed by: Karen La Cava, Coldwell Banker Realty Phone #: (424) 280-7400

MLS: CLAW #24431251

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