Home for Sale at 11 Cinnamon Lane, Rancho Palos Verdes, CA 90275

11 Cinnamon Lane
Rancho Palos Verdes, CA 90275

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Property Details

List Price:	$1,499,900
Beds:	3
Baths:	2
Status:	Pending
SqFt:	1834
Agency:	Strand Hill Properties

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Description/Comments

Lot Size:	29,470 sqft
Property Type:	Residential
Year Built:	1950
Notes:	Welcome to a timeless residence nestled in a quiet gated neighborhood, proudly owned by the same family for over over four decades. This charming abode with oceans views is situated on a flat and corner property boasting the classic allure of a Ranch-style architecture, all on one level with a raised foundation and sub-floor providing a solid base. Upon entering, you're greeted by the warmth of a recently installed HVAC unit, a testament to the commitment to modern comforts. The air circulates seamlessly through the new ducting system, ensuring a comfortable atmosphere throughout the home. Overhead, a durable roof, only six years old. Picture yourself lounging by not one but two fireplaces, both meticulously serviced inside and out, promising cozy evenings and a touch of rustic charm. The exterior is defined by a sturdy cinder block wall erected just six years ago. The boundaries are marked by fully fenced yards, encompassing almost a third of an acre, offering a private sanctuary for outdoor activities and relaxation. This home is connected to the local sewer system. The landscaping is a blend of mature trees, recently trimmed and maintained, providing shade and a scenic backdrop. Plumbing is a well-managed aspect of the property, exemplified by the recently installed disposal. Inside, the home offers three bedrooms in a family-friendly design. A full bathroom and a convenient powder room cater to both functionality and comfort. The laundry/mudroom adds practicality to the daily routine. The gas dryer hookup and two gas water heaters ensure efficiency and convenience. The kitchen features electric cooktops and an oven, offering a balance of traditional and modern culinary options. For additional storage needs, a large and newer Tuff Shed is thoughtfully placed in the yard, providing ample space for tools, equipment, or personal belongings. Completing the ensemble is a 1 1/2 car garage, combining functionality with a touch of nostalgia. This home is not just a residence; it's a testament to decades of thoughtful ownership and a commitment to enduring quality and comfort.
MlsNumber:	PV23216106

Listing Provided By:	Strand Hill Properties, original listing
Name:	Strand Hill Properties
Phone:	(310) 545-0707
Office Name:	Strand Hill Properties
Office Phone:	(310) 541-6566
Agent Name:	Suzanne Dyer
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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