tomo logo

$419,999

Beds
1
Baths
1.0
sq ft
633

7890 E Spring St Unit 21B, Long Beach, CA 90815

7890 E Spring St Unit 21B

Long Beach, CA 90815

  • 72 days on market
    • Price drop $9,001↓
For well qualified buyers (as determined by seller), seller will consider carrying a 2nd Trust Deed of up to $40,000 for this cozy, hard-to-find one bedroom condo. The unit's location, directly upstairs from the parking space, is convenient and makes for a short walk to the front door. With a large, open living room, vaulted ceiling, wood burning fireplace, and a view to the large, covered, fully enclosed and private patio, the home feels larger than it's square footage indicates. A double wide sliding glass door incorporates the patio into the everyday living area and adds space you don't usually find in a condo environment. The kitchen has granite countertops and a pass-thru bar to the living room, as well as a pantry for extra storage. The bedroom is large, as is the mirrored closet. The bathroom vanity, located off the bedroom, is a recent addition that adds a touch of style. If you aren't familiar with The El Dorado Lakes, please be sure to take a look. It's filled with Lily Pad covered lakes, trees and shrubs that all combine to create a serene and beautiful community.

Details

Property type

Condominium

Est. home value

$412,835

Lot size

11.9679 acres

Price per sq ft

$664

Year built

1973

Monthly HOA fee

$466.64

Price History

01/17/2025
CRMLS

CRMLS #PW24239314

Price change
$419,999
-2.1%
01/08/2025
CRMLS

CRMLS #PW24239314

Price change
$429,000
-0.21%
11/22/2024
CRMLS

CRMLS #PW24239314

Listed
$429,900
+4.85%

Schools & Community

Neighborhood: 

El Dorado Park Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

260

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

$90,112
Asking price
$419,999
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$296,287
Cash to seller
$90,112

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2023

Original loan amount

$300,000

Est. remaining balance

$296,287

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Johnnie Louis Guadagno and Dorothy Helen Guadagno

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: 02/02/2025 at 1:45 AM

Listing updated: 01/23/2025 at 4:05 PM

Listed by: Candice Sommer-Miller, Goodman Dean, Inc. Phone #: (562) 884-9311

MLS: CRMLS #PW24239314

CRMLS logo

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