Laura Jewett

Laura Jewett

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Pending

$600,000

($326,423 down)
FHA

10313 Gorman Avenue, Los Angeles, CA 90002

3
1
1,159 sqft
PITI Monthly
$2,228.95 /mo

Listing courtesy of: Tony Lopez, Berkshire Hathaway HomeService

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,226 /mo
$2,013 /mo

What's Special

MINUTES AWAY
SHOPPING
ENTERTAINMENT
SPACIOUS
MODERN
GRANITE COUNTERTOPS
PATIO
CHARMING
AFFORDABLE

Welcome to your dream starter home, perfectly crafted for the first-time homebuyer seeking an affordable slice of Los Angeles living! This charming residence is not just a home; it’s a gateway to the vibrant life of the City of Angels. Imagine being just minutes away from the world-renowned entertainment capital, with Downtown Los Angeles pulsating with energy right at your fingertips. Indulge in retail therapy at nearby shopping destinations like Lakewood, Cerritos, Downey, Hawthorne, and the iconic Fashion District. For sports enthusiasts, you’ll be in the heart of the action, with legendary venues like the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium, Kia Forum, Dodger Stadium, SoFi Stadium, and the new Intuit Dome all within easy reach. Step inside this lovingly maintained home, where modern style meets functionality. The kitchen boasts sleek newer cabinets complemented by stunning granite countertops and recessed lighting, making it a culinary enthusiast's dream. The waterproof laminate flooring flows seamlessly throughout the living spaces, while the tiled bathroom floor adds a touch of elegance. Enjoy the comfort of ceiling fans and step outside to your covered patio, perfect for entertaining or simply relaxing in the California sun. With three spacious bedrooms and a versatile bonus room that was once the garage, you have the flexibility to customize your space to fit your lifestyle. Whether you choose to keep the bonus room as is or revert it back to a garage, the possibilities are endless. This is more than just a home; it’s an opportunity to embrace the Los Angeles lifestyle at its finest. Don’t miss your chance to make it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$2,228.95/mo
Estimated Loan Balance
$279,928
Cash to close
$326,423
Interest Paid
$32,052

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: WholeHouseFan
  • Heating: Unknown
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary
Materials
  • Frame, Stucco
  • Roof: Shingle
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $517.69
  • Tax Annual Amount: $7500
  • On Market Date: 2024-12-09T00:00:00.000Z
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 $326,423 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $326,423!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$273,577
Your Cash:$326,423
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,226/mo
Traditional @ 7.5%
$2,088/mo
You save $862/month ($10,341/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RS24247013

Listing From:

Last updated: 2025-04-03T14:30:37.000Z

© , 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

2.81%
7.15%

Principal & Interest

$1,226 /mo
$2,013 /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 $326,423 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $326,423!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$273,577
Your Cash:$326,423
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,226/mo
Traditional @ 7.5%
$2,088/mo
You save $862/month ($10,341/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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