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Rare chance to secure a spectacular waterfront home situated on just over 1/3 ACRE in the highly desirable LA GUNA PARK. This 3, 000+ SF residence offers 3 bedrooms plus DEN and 4 bathrooms. The primary bed and en-suite bathroom encompass the entire 2nd floor affording 180-degree water views. Enjoy the heated pool that was previously resurfaced and an outdoor gazebo located on the pool deck, creating additional space for outdoor enjoyment as well. The property provides deep boating water with the ability to accommodate MULTIPLE VESSELS or a 50+ ft boat. Waterfront improvements also include a sturdy BOATHOUSE plus a double floating jet ski dock. The existing dock configuration may provide flexibility for personal or other permitted uses, subject to local regulations. The property has been well maintained but sustained hurricane-related flood damage and is being sold As-Is. The ground level has had the lower two feet of drywall removed, and the kitchen has been taken out providing a clean slate for renovation. The home features impact windows throughout. Ideally located within walking or biking distance to Venice Beach and the Village of Venice, offering restaurants, boutiques, bars, specialty shops, and charming nearby parks including a kiddie splash pad. This could be your opportunity to renovate or rebuild the home of your dreams!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.183% |
| Monthly Tax Payment | $1,477 | $1,477 | $1,477 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,282 | $8,507 | $11,814 |
| Total Monthly Payment | $9,884 | $10,109 | $13,416 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.