4365 McLaughlin Ave., #22, Los Angeles, CA 90066 – Transaction Details

Date: November 26, 2013
Property Type: 2 Bedroom, 2 Bathroom, 1,380 Square Foot Condominium
Purchase Price: $480,000.00
Year Built: 1980
Description:  Identified and obtained great value on a 2 bedroom 2.5 bathroom condominium in Mar Vista with underground parking and in-unit laundry for a first-time home-buying couple.

4365 McLaughlin Ave., #22, Los Angeles, CA 90066 – Transaction Summary

After placing an identical bid on another unit in the same complex at 4365 McLaughlin Ave., and being met with an over-market counter-offer, we advised our clients that the market did not justify increasing their offer, and our clients decided to pass on the opportunity.  Shortly thereafter, this unit, with an additional 100 square feet and a bonus storage room, came on the market and our clients were able to secure the property with a well-organized and early bid, beating out several other competing bids.  After a short and smooth escrow, despite working with a loan with less than 20% down, our clients secured this condominium at a great value.  Our clients also subsequently took advantage of their home warranty protection plan, which was included in the sale, by having their air conditioning unit repaired, saving them a significant potential expense.

For more information on this transaction or to discuss any other questions you may have, contact Esquire Real Estate Brokerage, Inc. at 213-973-9439 or info@esquirereb.com.

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