tomo logo

$390,000

Beds
1
Baths
1.0
sq ft
690

7305 Milwood Ave Unit 4, Canoga Park, CA 91303

7305 Milwood Ave Unit 4

Canoga Park, CA 91303

  • 26 days on market
This charming one-bedroom, one-bathroom condo is perfect for first-time homeowners and a smart investment opportunity. Nestled in a prime location, this property promises rapid appreciation, making it a wise pick for investors. Enjoy the convenience of being within close proximity to a supermarket, CVS, various restaurants, and convenience stores. Conveniently located near the renowned Westfield Topanga Mall, offering a plethora of shopping and dining option. Community benefits include two tandem parking spots and a low HOA. Public electric car charging is conveniently available right outside the building. Perfect for investors, this area is known for its stable and respectful long-term tenants, ensuring consistent rental income and low vacancy rates. Experience a warm community atmosphere with great neighbors who contribute to a peaceful living environment. The living space invites you to add your personal touch, transforming it into your ideal haven. The bedroom offers a cozy retreat, while the bathroom is both functional and stylish. With thoughtful updates, you can enhance the charm and value of this condo, creating a space that reflects your taste and lifestyle. Whether you're looking to settle down in a vibrant community or seeking a property with promising returns, this condo stands out as a top choice. The surrounding amenities make everyday living a breeze. From daily errands to weekend leisure, everything you need is within easy reach. The proximity to major thoroughfares ensures a smooth commute, whether you're heading to work or exploring the diverse attractions of Los Angeles. Don't miss out on this incredible opportunity to own a piece of Canoga Park's booming real estate

Details

Property type

Condominium

Est. home value

$372,336

Lot size

7,454 sq ft

Price per sq ft

$566

Year built

1981

Monthly HOA fee

$350

Price History

06/07/2024
CRMLS

CRMLS #BB24113679

Listed
$390,000
06/05/2024
CRMLS

CRMLS #BB24075498

Removed
$390,000
05/13/2024
CRMLS

CRMLS #BB24075498

Price change
$390,000
+30.43%

Schools & Community

Neighborhood: 

Canoga Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Number of units in community: 

8

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

$50,350
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$308,450
Cash to seller
$50,350

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

February 2023

Original loan amount

$313,324

Est. remaining balance

$308,450

Interest rate

6.33%

Loan type

VA, 30 year

Seller

Matthew Brockman

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: 07/03/2024 at 12:05 PM

Listing updated: 06/08/2024 at 5:33 PM

Listed by: Joseph Harris, Redfin Corporation Phone #: (877) 973-3346

MLS: CRMLS #BB24113679

CRMLS logo

Recently listed in Canoga Park