196 Cherokee, Topanga, California 90290, Topanga, 90290 - 3 bed, 2 bath

196 Cherokee, Topanga, California 90290 home-pic-0
ACTIVE$599,000$1,344/sqft
196 Cherokee, Topanga, California 90290
3Beds
2Baths
1,344Sqft
3,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Community Amenities: Located in a gated community offering a heated pool with incredible valley and mountain views, walking distance to hiking trails, a children's playground, RV parking, and an air-conditioned community game room, providing a rich lifestyle.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3500, other record lot size in square feet = 1495344. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$599.0K vs avg $755.0K ($-156,000)14%
Size:1,344 sqft vs avg 1,513 sqft43%
Price/sqft:$446 vs avg $49514%

More Insights

Built in 2001 (25 years old).
Condition: Built in 2001, this property is 23 years old and explicitly described as 'in need of some TLC' and requiring 'final touches.' While it features a freshly painted exterior and a partially remodeled bathroom with modern fixtures, the kitchen has painted older-style cabinets and basic countertops, indicating it's not fully updated. The overall condition suggests functional major components but with signs of being outdated and requiring minor updates or repairs to reach a 'good' standard.
Year Built
2001
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$446
HOA
$650
Days on market
-
Sold On
-
MLS number
26636385
Home ConditionFair
Features
Patio
View-

About this home

BRING YOUR HAMMER - this 3 bedroom is in need of some TLC - walk in the door and start building equity! We have loans available! Living room features a fireplace, and a large kitchen with pantry and tons of storage as well as a a separate laundry room. The primary bedroom features a separate alcove where one could build out an office or sitting room. Freshly painted exterior, and partially remodeled bathroom - this home is waiting for you to make it yours! Located in a gated community with amenities including a heated pool with incredible views of the valley and mountains and walking distance to hiking trails! Stylish and open floor plan with a large primary suite. Tons of storage - separate laundry room a private back yard. Low down payment loans available! Just 10 minutes to the valley and 20 minutes to Malibu or Santa Monica this is an opportunity not to pass up. This 3 bedroom 2 bath home has been tastefully decorated and needs you for the final touches! An open floorpan with the primary bedroom and bath separated from the two additional rooms - you will enjoy an energy efficient affordable home with all the amenities our community offers including children's playground, RV parking, an air conditioned community game room, and excellent schools and shops nearby. Top O Topanga underwent an infrastructure upgrade with new water, gas and electric lines. Come see one of the best kept secrets in Los Angeles - it's waiting for you!

T
Tanya Starcevich
Listing Agent

Nearby schools

5/10
Woodland Hills Charter Academy
Public,6-82.4mi

Price History

Date
Event
Price
03/08/01
Sold
$115,000
08/23/19
Sold
$515,000
01/29/15
Sold
$409,000
05/06/04
Sold
$390,500
09/17/02
Sold
$239,000
Condition Rating
Fair

Built in 2001, this property is 23 years old and explicitly described as 'in need of some TLC' and requiring 'final touches.' While it features a freshly painted exterior and a partially remodeled bathroom with modern fixtures, the kitchen has painted older-style cabinets and basic countertops, indicating it's not fully updated. The overall condition suggests functional major components but with signs of being outdated and requiring minor updates or repairs to reach a 'good' standard.
Pros & Cons

Pros

Exceptional Community Amenities: Located in a gated community offering a heated pool with incredible valley and mountain views, walking distance to hiking trails, a children's playground, RV parking, and an air-conditioned community game room, providing a rich lifestyle.
Strategic Location & Accessibility: Boasts excellent accessibility, being just 10 minutes to the Valley and 20 minutes to Malibu or Santa Monica, making it convenient for commutes and leisure activities.
Investment & Equity Building Opportunity: Presented as an opportunity to 'start building equity' with 'low down payment loans available,' appealing to buyers willing to invest 'TLC' and customize the home to their taste.
Recent Infrastructure & Partial Home Upgrades: The community has benefited from an infrastructure upgrade (new water, gas, electric lines), and the home features a freshly painted exterior and a partially remodeled bathroom, indicating some recent improvements.
Functional & Open Floor Plan: Offers a stylish and open floor plan with a large kitchen, pantry, tons of storage, a separate laundry room, a private backyard, and a primary suite separated from additional rooms for privacy.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3500, other record lot size in square feet = 1495344. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Requires Significant Renovation/TLC: The property is explicitly described as 'in need of some TLC' and encourages buyers to 'BRING YOUR HAMMER,' indicating potential immediate and substantial renovation costs and effort.
High Monthly Association Fees: A monthly association fee of $650.0 is a significant recurring cost that buyers must factor into their budget, impacting overall affordability.
Condominium Ownership Limitations: As a condominium, ownership comes with shared walls, potential restrictions on property modifications, and reliance on HOA management, which may not suit all buyers seeking complete autonomy.
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