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$579,000

Beds
1
Baths
1.0
sq ft
686

8707 Falmouth Ave Unit 115, Playa Del Rey, CA 90293

8707 Falmouth Ave Unit 115

Playa del Rey, CA 90293

  • 9 days on market
Very convenient, quiet gated condo in a serene pet-friendly neighborhood. Close to ralphs, wholefoods, trader Joes, and restaurants. Only 12 minutes to the beach and 15 minutes to the airport. The condo is conveniently location close to the pool, tennis courts and assigned parking spaces. Plenty of parking spaces outside on the street for the guests. This cute one-story condo has inside new washer and dryer in an individual room, a new wine cooler by the living room and patio access from both the living room and the bedroom. Storage area in the patio. The fully functional fireplace adds charm to the living room by the patio window. It a special condo that can be enjoyed in all seasons. Although It's a first-floor condo, it sits higher than the ground close access to the elevator. This unit was remolded a couple of years ago. The condo has been always maintained well. There is also a laundry room outside the unit down the hall for more convenience. Great school district for public and magnet.

Details

Property type

Condominium

Est. home value

$610,704

Lot size

3.1379 acres

Price per sq ft

$845

Year built

1982

Monthly HOA fee

$531.67

Price History

09/10/2024
CRMLS

CRMLS #PW24186454

Listed
$579,000
+10.29%
08/11/2021
CRMLS

CRMLS #OC21063239

Sold
$525,000

Schools & Community

Neighborhood: 

Playa Del Rey

Elementary school: 

Paseo Del Rey

Middle school: 

Orville

High school: 

Westchester

Community features: 

Pool, Gated, Park

High school district: 

Los Angeles Unified

Number of units in community: 

262

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

$165,998
Asking price
$579,000
Closing costs (~8% of asking)
-$46,320
Est. remaining loan balance
-$366,682
Cash to seller
$165,998

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

Seller’s Loan History

Lender

Financial Center West Inc

Loan start date

June 2021

Original loan amount

$393,750

Est. remaining balance

$366,682

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Jeffrey M Mednick

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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8675 Falmouth Ave Unit 222, Playa Del Rey, CA 90293

Status: Active

Tomo last checked: 09/19/2024 at 9:00 AM

Listing updated: 09/13/2024 at 4:45 PM

Listed by: Clara Abedian, iPro Real Estate Phone #: (888) 603-4776

MLS: CRMLS #PW24186454

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