$4,200,000
7bds8ba7837sqft

261 Rebecca Drive, San Dimas, CA 91773

Property Type

Single Family Residence

Year Built

1989

Price Per sqft

$536

Please note: the seller can accept an offer at any time.

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), large 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).

Location

Features

Community

Features:

Curbs

Cooling

Features:

Central Air

Fireplace

Features:

Den, Living Room, Primary Bedroom, Outside

Garage

Total:

4

Heating

Features:

Central

Laundry

Features:

Inside

Open parking

Features:

Circular Driveway

Patio and porch

Features:

Deck, Patio

Pool

Features:

In Ground, Private

Spa

Features:

In Ground

Presented by

THE MARK AND AL TEAM

Brokered by

CENTURY 21 MASTERS

626.963.9337

Broker Location:

Citrus Valley

Data Source:

CRMLS

Source's Property ID:

CV23147734

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