Selling Success: Case Study #2 - 11320 Osborne St, Lake View Terrace, CA 91342

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Selling Success: Case Study #2

11320 Osborne St, Lake View Terrace, CA 91342

Sales Price: $1,060,000

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The owner had a non-negotiable price and required a 30-day leaseback to allow time to find and purchase a replacement property prior to moving out.

 

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Not only did we successfully sell this property for $10,000 above the asking price, but we also secured a 30-day leaseback at the buyer's expense, completely free for the seller. This arrangement enabled the seller to transition to their new property seamlessly, without any additional stress. Currently, we are in escrow on the replacement property with ample time to spare, affording the owner a leisurely and stress-free move-out process.

Property Spotlight:

Located in the tranquil Lake View Terrace neighborhood, this charming single-story residence is nestled among properties ideal for equestrian enthusiasts. Featuring three bedrooms and two bathrooms, this generous home spans an impressive 1,722 square feet. Situated on a substantial flat lot measuring nearly half an acre, or 20,020 square feet, it is zoned as RA-1-K (Horse Property). As you step inside, , you'll find a delightful living room featuring a cozy wood-burning fireplace, seamlessly connected to the kitchen adorned with bar seating, beautiful cabinets, and countertops. An additional family room opens up to a covered patio that stretches the length of the house, complete with a ceiling fan to keep you cool. The master bedroom is generously sized and comes complete with an ensuite bathroom, accompanied by two more well-appointed bedrooms. Vinyl windows grace the home, providing both a pleasing aesthetic and energy efficiency. The backyard offers the potential for an entertainer's paradise, with ample space for a swimming pool and an Accessory Dwelling Unit (ADU). Take a look at the 3D Render in the photos for inspiration. The property includes a detached two-car garage and a wide driveway capable of accommodating three vehicles parked side by side. Additionally, there is a long driveway that offers ample space for convenient RV parking.

Noteworthy Features:

- Single-story residence ideal for equestrian enthusiasts

- 3 bedrooms, 2 bathrooms, 1,722 sq ft

- Situated on a substantial flat lot, nearly half an acre

- Zoned as RA-1-K (Horse Property)

- Cozy wood-burning fireplace in living room

- Kitchen with bar seating, beautiful cabinets, and countertops

- Additional family room opens to covered patio

- Master bedroom with ensuite bathroom

- Potential for swimming pool and ADU in backyard

- Detached two-car garage and wide driveway for 3 vehicles

- Additional long driveway for convenient RV parking

- Convenient access to 210 and 118 Freeways

- Nearby equestrian trails, Hansen Dam, and Angeles National Golf Course

 

Convenient Location:

Lake View Terrace, nestled amidst the picturesque Foothills of Southern California, provides easy access to major freeways such as the 210 and 118, as well as equestrian trails, Hansen Dam, the Angeles National Golf Course, and abundant hiking trails. Its strategic location ensures seamless connectivity to neighboring areas including La Canada, Glendale, and Pasadena. 

Considering selling your home?

Contact Archie Robb today for your Real Estate needs.