261 Rebecca Drive San Dimas, CA 91773
Listing Courtesy of: CRMLS / Century 21 Masters / Mark Cofer / CENTURY 21 Masters / Robert Cofer - Contact:  offers@markandal.com

  261 Rebecca Drive San Dimas, CA 91773

Active (261 Days)
$4,200,000
7
BED
8
BATH
7,837
SQFT

Description

Private gated community, lake view, 7 bedrooms, 7.5 bathrooms and 7 other spaces / rooms (see floorplan herein). Wide hallways at both 1st and 2nd floors (at least 5 feet wide). Four car garage (1,058 SQFT), brand new Pebble Tec pool, child playhouse and child playground in backyard. As-is sale (needs a little work because it is about 34 years old, built in 1989), but Seller will disclose anything and everything that they are aware of that needs a little love. The house is also live-in ready. No pictures of the inside of the house will be taken or allowed to protect the future Buyer’s privacy. There are City of San Dimas pre-approved remodel & addition plans (the construction was never started) and the permit fees “were” paid once in 2019 for the remodel plus the addition of 1,423 new SQFT (permits have expired but the school fees were also paid which we “believe” do not expire. New Owner will need to pay new permit fees plus any new code changes to existing plans before resubmitting plans to the City for re-approval if the new Owner wants to move forward on the remodel and the addition of two new bedrooms, new bathroom and an upstairs laundry room). Pre-quality for a showing with Buyer’s Agent. Seller Financing Available: Option #1: 20% down ($840K down), interest only payments for 36 months at 1.75% interest = $4,900 monthly interest only payment to Seller. New first lien / loan in the amount of $3.36million (balloon maturity in 36 months but Seller will consider extending for an additional 36 months at maturity with additional principal payments during the next 36 months mutually agreed upon by both Buyer and Seller). Option #2: (Seller Financing plus an additional $800K remodel / construction loan also by Seller) is 20% down ($1mil), interest only payments for 36 months at 1.75% interest = $4,667 monthly interest only payment to Seller plus interest each month paid to Seller on any balance drawn on the $800K remodel / construction loan. New first lien / loan in the amount of $4million (balloon maturity in 36 months but Seller will consider extending for an additional 36 months at maturity with additional principal payment during the next 36 months mutually agreed upon by both Buyer and Seller).

MLS #:
CV23147734
Lot Size
0.81 acres
Type
Single-Family Home
Year Built
1989
Views
Lake, Mountain(s)
School District
Bonita Unified
County
Los Angeles County

Listed By

Mark Cofer, DRE #00914322 CA, Century 21 Masters, Contact: offers@markandal.com
Robert Cofer, DRE #01947262 CA, CENTURY 21 Masters
Source
CRMLS
Last checked Apr 29 2024 at 3:05 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 7
  • Half Bathroom: 1
Interior Features
  • Laundry: Inside
Property Features
  • Fireplace: Outside
  • Fireplace: Den
  • Fireplace: Living Room
  • Fireplace: Primary Bedroom
Heating and Cooling
  • Central
  • Central Air
Pool Information
  • Private
  • In Ground
  • Pebble
Utility Information
  • Utilities: Water Source: See Remarks
  • Sewer: Unknown
School Information
  • Elementary School: Ekstrand
  • Middle School: Lone Hill
  • High School: San Dimas
Parking
  • Circular Driveway
Stories
  • 2
Living Area
  • 7,837 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 1.500
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.