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3812 Marcia Ct
Culver City, CA 90232
$2,949,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
3446
Property Description
Welcome to 3812 Marcia Ct, a stunning, brand new construction home nestled in a charming cul-de-sac in the prestigious Blair Hills community of Culver City. Comfort, elegance, and contemporary charm invite you to this luxurious, Mediterranean-inspired sanctuary. Exemplifying sophistication and modern living across 5 bedrooms and 5 bathrooms, this thoughtful blend of craftsmanship and design will make you feel right at home. The charming red clay tiles, low-maintenance landscaping, and smooth exterior stucco gracefully lead to the gorgeous, arched solid cedar-wood entryway that welcomes you into the sun-drenched living room. Inside, the airy foyer leads to a spacious formal sitting area adorned with gleaming hardwood floors, cathedral ceilings, and designer light fixtures creating a modern atmosphere but still capturing the warmth of the home. One well-appointed downstairs en-suite bedroom offers a great place for a guest room or a home office. Past the formal dining area that's ideal for lavish dinner parties, you'll find yourself gathering around the stunning, chef's caliber kitchen where you can truly showcase your cooking. With its sleek fixtures and finishes, state-of-the-art DACOR appliances, custom cabinetry, quartz countertops, dual zone beverage cooler, and a generous island with a breakfast bar, this kitchen is perfect for creating gourmet meals and hosting unforgettable gatherings. Proceed up the gorgeous staircase with hardwood steps to four generously sized bedrooms and three bathrooms that offer maximum comfort and privacy. As you enter the primary suite, you'll be surrounded in a sanctuary of relaxation and indulgence. From the private balcony to the spa-like en-suite with a floating soaking tub, sleek glass-enclosed shower, dual vanities, exquisite tile work and built in walk-in closet it's a true gem. The additional, generously sized laundry room boasts a large sink with quartz countertop and bountiful cabinets for storage. With a 10-foot sliding glass doors blending the family room to the trellis covered terrace and outdoor backyard, you'll find it's perfect for dining al fresco and truly epitomizes indoor/outdoor California living. To top it off, this smart home comes with paid off solar panels. With Stoneview Nature Center, Baldwin Hills Scenic Overlook, Kenneth Hahn State Park and a plethora of trendy restaurants in close proximity, this home is enchantingly surrounded by nature but close to all the action in downtown Culver City. Don't miss the opportunity to own this exceptional property. With its exquisite design, modern amenities, and prime location, this home is truly a gem. Schedule your private showing today and experience the epitome of luxury living.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2023
MLS Number
24-344309
Location
Address
3812 Marcia Ct
City
Culver City
State
CA
Zip Code
90232
County
LOS ANGELES (NORTHWEST LA)
Listing
Provider
Keller Williams Larchmont, original listing
Name
Keller Williams Larchmont
Phone
(323) 762-2600
Office Name
Keller Williams Larchmont
Office Phone
(323) 762-2600
Agent Name
Christina Kim

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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.

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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.