846 Oneonta Drive, South Pasadena, CA 91030 – Transaction Details

Date: September 22, 2020
Property Type: 3 Bedroom, 2.5 Bathroom, 1,197 Square Foot Single Family Home
Sale Price: $990,000.00
Year Built: 1958
Description: Assisted out-of-town first-time home buyer with acquiring a rare three bedroom home in South Pasadena for under $1mm.

846 Oneonta Drive, South Pasadena, CA 91030 – Transaction Summary

Our client, a San Francisco resident at the time, contacted us in the midst of the coronavirus pandemic wanting to move to the South Pasadena area in order to be closer to family.  We moved swiftly to identify precisely what he needed in a home, as well as insuring his financing was solid so that he could move quickly on the right property.  That happened in short order, as several weeks later we identified the perfect property for our client.  This rare three bedroom home in South Pasadena received multiple offers, including ours.  We were able to structure our client’s offer in a manner that secured him the property at an excellent price, a single family home under $1mm in South Pasadena being a rare find, and yet still beating out the competition.  We later learned that the deal was so exceptional that even our client’s lender was willing to waive the appraisal requirement!  Inspections and the escrow process moved at breakneck speed, while we were also able to negotiate a credit for our buyer based on in-depth inspections that identified several items that needed to be fixed.  About 30 days later, our client is now the owner of this fantastic South Pasadena home on Oneonta drive, and his parents will surely be happy to have him closer to home as well.

Additional information and pictures can be found here.

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

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