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5937 Armaga Spring RD #E Rancho Palos Verdes, CA 90275
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Key Details
Sold Price $510,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,071 sqft
Price per Sqft $476
MLS Listing ID SB19164941
Sold Date 09/04/19
Bedrooms 2
Full Baths 2
Construction Status Fixer,Repairs Cosmetic
HOA Fees $450/mo
HOA Y/N Yes
Year Built 1969
Lot Size 4.944 Acres
Acres 4.9442
Property Sub-Type Condominium
Property Description
LOCATED IN NEIGHBORHOOD WITH MILLION DOLLAR HOMES !! GREAT OPPORTUNITY. THIS IS A PROBATE SALE WHICH ADMINISTRATOR FOR THE ESTATE STATES THEY HAVE FULL AUTHORITY TO SELL AND REQUIRES NO COURT CONFIRMATION OR ANY OVERBID PROCESS. THIS 2 BEDROOM 1.75 BATH CONDO IS IN ORIGINAL CONDITION WHICH YOU CAN CUSTOMIZE TO YOUR OWN TASTES. WASHER AND DRYER HOOKUPS ARE INSIDE UNIT. NICE SIZE WALK IN CLOSET IS IN MASTER BEDROOM. PRICED BELOW SIMILAR SIZED UNITS IN THE ARMAGA SPRINGS COMPLEX WHICH ARE REMODELED AND UPGRADED THAT ARE CURRENTLY ASKING OR HAVE SOLD THIS YEAR FOR OVER $600,000 (BUYER TO VERIFY). NEARBY TO HIGHRIDGE PARK AND WALKING DISTANCE TO DEL CERRO PARK, HIKING TRAILS BOTH WITH PANORAMIC VIEWS OF PV COASTLINE AND CATALINA ISLAND. PREMIER PALOS VERDES SCHOOL DISTRICT WITH RIDGECREST INTERMEDIATE AND PENINSULA HIGH SCHOOL ALSO WITHIN EASY WALKING DISTANCE. OTHER NEARBY AMMENITIES INCLUCE: RESTARAUNTS, REGAL MOVIE THEATERS, THE NORRIS THEATRE, SHOPPING, BANKING AND POST OFFICE ALL WITHIN THE PENINSULA CENTER COMMERCIAL DISTRICT. CONDO COMPLEX QUALIFIES FOR FHA FINANCING. SELLER STATES THEY ARE MOTIVATED AND WOULD LIKE TO SEE OFFERS !! HOA FEE INCLUDES ADDITIONAL "WALLS IN" INSURANCE COVERAGE WHICH COVERS BOTH EXTERIOR HOA OWNERSHIP PLUS INTERIOR OF UNIT (WALLS IN) THAT IS OWNER'S PORTION OF PROPERTY (CABINETS, TOILETS ETC..). BUYER ADIVSED TO CONSULT WITH THEIR INSURANCE CARRIER FOR ANY REDUNDANT COVERAGE.
Location
State CA
County Los Angeles
Area 174 - Crest
Zoning RPRS10000*
Rooms
Other Rooms Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
Master Bathroom 2
Main Level Bedrooms 2
Interior
Interior Features Balcony, Living Room Balcony
Heating Radiant
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Appliance Dishwasher
Laundry Inside
Exterior
Parking Features Assigned, Subterranean
Garage Spaces 3.0
Pool Association, Community, Heated
Community Features Suburban
Utilities Available Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Water Available, Water Connected
Amenities Available Pool
View Y/N 1
View Pool
Private Pool No
Building
Lot Description Near Public Transit, Park Nearby
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Fixer,Repairs Cosmetic
Schools
Elementary Schools Montemalaga Montem
Middle Schools Ridgecrest
High Schools Peninsula
School District Palos Verdes Peninsula Unified
Others
HOA Name The Armaga Springs Homeowners Association
Senior Community No
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Probate Listing
Lease Land No
Confidential INFO
BAC 2.5
SIGN ON PROPERTY 1
TERMS Cash,Cash To New Loan,FHA
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW CONTACT NAME GO DIRECT
SHOW INSTRUCTIONS $450 HOA FEE INCLUDES A \"WALLS IN\" INSURANCE POLICY. THIS MEANS HOA MASTER INSURANCE POLICY COVERS INSIDE OF UNITS \"IN ADDITION\" TO NORMAL HOA COVERAGE OF HOA OWNED PORTIONS OF COMPLEX AND COULD MAKE OWNERS OWN INSURANCE POLICY REDUNDANT. CALL LISTING AGENT FOR MORE INFO AND BUYER ADVISED TO VERIFY WITH BUYER'S INSURANCE CARRIER. Offers to be submitted on Probate Purchase Offer with Lender PreQual Letter and Proof of Funds. Seller choice of Escrow and Title. Buyer and their Agent are advised to independently conduct their own inspections and to verify all information There was a recent special assessment of $7,653 per unit for roof and new exterior painting work. Roof work is complete and painting is in process. Seller to pay this Assessment at closing.
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Bought with Vista Sotheby's International