tomo logo

$899,000

Beds
3
Baths
2.0
sq ft
1,355

6701 Katherine Ave, Van Nuys, CA 91405

6701 Katherine Ave

Van Nuys, CA 91405

  • 14 days on market
Discover the perfect blend of charm and modern living in this beautiful 3-bedroom, 2-bathroom bungalow style home. Move-in Ready! Nestled in the family-friendly Van Nuys Historic District. Enjoy a spacious 1,355 sqft interior, bathed in natural sunlight, featuring a cozy living room with a wood-burning fireplace, an inviting bay window, and a dining room. Relax in one of the three comfortable bedrooms, complemented by a tastefully remodeled bathroom and a bonus family room to use as an office or playroom, that opens to an enormous backyard where you can enjoy spectacular sunset views. This home is located at the end of the street. Private and so much room to grow or built on your own lot. This home, situated on a massive 7,500 sqft lot, is framed by graceful palm trees and boasts a new desert landscaped front yard alongside a turf backyard, perfect for both relaxation and festive gatherings. *This lot is big enough to research adding an ADU. The detached 2 car garage is a great ADU idea. Lot is also big enough to research adding an additional ADU. Great potential to have rental income or have a multi family property with the possibilities of 3 units. The property includes a driveway for ample off-street parking and a detached finished two-car garage. Enough room for RV parking and storage. Benefit from a 200amp panel and 14-50 EV charger. The roof is newer also. ** 5.125 assumable VA Loan. Big Plus. Ready to make this your new dream home? The opportunity is yours – Schedule a visit and get ready to fall in love! Information relating to this property, regardless of source, including but not limited to square footage and lot size, school districts, and permits are not guaranteed and should be personally verified thorough personal inspection by and/ or with the appropriate professional and Buyer.

Details

Property type

Single Family Residence

Est. home value

$1,032,492

Lot size

7,491 sq ft

Price per sq ft

$664

Year built

1939

HOA

No

Price History

11/08/2024
CRMLS

CRMLS #SR24230261

Listed
$899,000
10/01/2024
CRMLS

CRMLS #SR24126139

Removed
$899,000
08/27/2024
CRMLS

CRMLS #SR24126139

Price change
$899,000
-3.23%

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, 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

-$37,931
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$865,011
Cash to seller
-$37,931

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

Seller’s Loan History

Lender

Residential Wholesale Mortgage Inc

Loan start date

May 2022

Original loan amount

$905,000

Est. remaining balance

$865,011

Interest rate

4.16%

Loan type

VA, 30 year

Seller

Ryan Garofalo

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 11:50 PM

Listing updated: 11/17/2024 at 5:25 PM

Listed by: Nora Romero, Keller Williams VIP Properties Phone #: (661) 290-3700

MLS: CRMLS #SR24230261

CRMLS logo

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