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New Low Price For North Of Santa Monica Blvd In Westwood

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The Spanish home on 10507 Eastborne Ave, LA CA 90024 received a price reduction this week of 3.9% or $46,000, down to $1,149,000. The home was listed on 11/20/08 for $1,195,000 and has been on the market 18 days as of today. According to the MLS, the home is a 3 bedroom / 1.75 bath, 2,095 sq ft of living space, on a 6,500 sq ft lot.

This home is currently the lowest price active listing north of Santa Monica Blvd in Westwood. And for some history, $1,170,000 is the lowest sale price in the last 12 months in this neighborhood.

The following information is provided courtesy of Jeff Bowman from The Great Loan.Com. Also, for more up to date mortgage market and macro based info, see The Great Loan Blog.

10507 EASTBORNE AVE $1,149,000

Minimum Income Requirement (using 30Y Fixed): $210,000 , assumes no other debt/obligations.

Down payment needed: $287,250

Monthly Payment on 30Y Fixed at 6.35% with property taxes and property insurance estimated:$5900.11

Minimum Income Requirement (using 5Y fixed): $198,000, assumes no other debt/obligations.

Monthly Payment on 5Y fixed at 5.70% with property taxes and property insurance estimated:$6051.60

Disclosure:All rates offered to the client with 1 point cost. Rate quotes assume a purchase transaction with the required minimum down payment, 720 credit score, full income qualification and required reserves. Rates are subject to fluctuation. Custom jumbo mortgage rate quotes and rate lock advice are available by visiting www.thegreatloan.com

Other Notable Links:

1) Google Map Link

2) Virtual Tour

3) Property Walk Score