Laura Jewett

Laura Jewett

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$825,000

($325,594 down)
FHA

1025 W 61st Street, Los Angeles, CA 90044

N/A
N/A
sqft
PITI Monthly
$3,226.71 /mo

Listing courtesy of: Phoebe Wilson, Legacy One Real Estate

Assumed Rate

3.8%
7.15%

Principal & Interest

$2,613 /mo
$3,787 /mo

What's Special

INVESTORS
REMODELED
MOVE-IN READY
MODERN
GRANITE COUNTERTOPS

HUGE PRICE IMPROVEMENT !!! Move-In Ready and Perfect for Investors and Owner Occupied. This beautifully updated tri-plex offers the ideal blend of modern living and investment potential. Back Unit: Fully remodeled with a contemporary touch, this unit features a sleek new bathroom vanity with black finishes, a white tile backsplash for a modern vibe, new vinyl flooring throughout, stylish cabinetry, and an oversized mini-split system for year-round comfort. Updated plumbing adds extra value and peace of mind. Front Units: Both front units have had tasteful upgrades. Updated cabinets and granite countertops, The other features a refreshed bathroom with stylish tilework and updated plumbing fixtures for a clean, modern aesthetic. All 3 units come with in unit washer/dryer hookups. This tri-plex is a rare find with upgraded features, ample charm, and excellent investment potential. Live in one and rent the other Two. Don't miss the opportunity to own this incredible property—schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
24 years, 4 months
Monthly PITI
$3,226.71/mo
Estimated Loan Balance
$632,840
Cash to close
$325,594
Interest Paid
$114,266

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Ductless
  • Heating: Ductless, ForcedAir
Features
  • Materials: Drywall, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Brick, WroughtIron
Roof
  • Roof: Flat, FlatTile, Shingle, SpanishTile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Triplex
  • Architectural Style: Spanish
Materials
  • Drywall, Stucco
  • Roof: Flat, FlatTile, Shingle, SpanishTile
Condition
  • Year Built: 1920
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, DogPark, StormDrains, StreetLights, Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $825,000
  • Tax Annual Amount: $10312.5
  • On Market Date: 2025-01-15T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $325,594 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $325,594!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$499,406
Your Cash$325,594
Total Purchase Price:$825,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$2,613/mo
Traditional @ 7.5%
$3,929/mo
You save $1,316/month ($15,788/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC25009427

Listing From:

Last updated: 2025-03-15T22:47:27.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.8%
7.15%

Principal & Interest

$2,613 /mo
$3,787 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $325,594 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $325,594!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$499,406
Your Cash$325,594
Total Purchase Price:$825,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$2,613/mo
Traditional @ 7.5%
$3,929/mo
You save $1,316/month ($15,788/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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