1320 Princeton Street #103 – Transaction Details
Date: November 20, 2017
Property Type: 3 Bedroom, 1.75 Bathroom, 1,544 Square Foot Condominium
Purchase Price: $880,000.00
Year Built: 1972
Description: Represented the seller of this beautiful and ideally located condominium in Santa Monica. Opened escrow in less than 3 weeks after listing, and closed escrow less than 30 days later.
1320 Princeton Street #103 – Transaction Summary
This transaction is an excellent example of the importance of excellent service even before a property is officially listed for sale. After originally meeting with the sellers and visiting the property, we advised the sellers on how to modify the property to make it as desirable as possible. With the neighboring unit already on the market for several months, we knew it would be important to price this unit aggressively in order to open and close escrow quickly. After our sellers completed the repairs, we immediately listed and began marketing to generate interest. In less than three weeks, we were able to open escrow with a solid offer. During escrow, the buyers requested a significant credit, which we were able to negotiate down to less than $1,000.00. Finally, in less than 30 days after opening escrow, the deal closed and our sellers are able to walk away from their home of 20 years knowing they maximized their investment on this Princeton Street condo.
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For more information on this transaction or to discuss any other questions you may have concerning the Santa Monica and Los Angeles real estate markets, contact Esquire Real Estate Brokerage, Inc. at 213-973-9439 or firstname.lastname@example.org.