Laura Jewett

Laura Jewett

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Closed

$575,000

($136,084 down)
FHA

107 Rivera Street, Los Angeles, CA 90063

2
1
580 sqft
PITI Monthly
$3,032.76 /mo

Listing courtesy of: Bryan Rodriguez, THE IVRI GROUP, INC.

Assumed Rate

5.41%
7.15%

Principal & Interest

$2,545 /mo
$3,058 /mo

What's Special

REMODELED
MODERN
HOME OFFICE

Welcome to this beautifully remodeled single-family home in the vibrant Boyle Heights neighborhood of Los Angeles. Featuring 2 bedrooms, 1 bathroom, and a versatile den perfect for a home office or playroom. This property offers an ideal space for first-time buyers, small families, or anyone looking for convenient access to downtown LA. Located just off Cesar Chavez Avenue and 1st Street, you’ll enjoy the best of both worlds: a quiet residential setting with close proximity to the heart of the city. Step inside to discover a sleek, modern design with a brand-new kitchen featuring updated finishes and stunning marble flooring throughout the home. The property also boasts a private driveway, offering plenty of parking or space for outdoor gatherings and activities. With its blend of style, comfort, and convenience, this home is ready for you to move in and make it your own. Don’t miss out on the opportunity to own in one of LA’s most sought-after and up-and-coming neighborhoods!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$3,032.76/mo
Estimated Loan Balance
$444,444
Cash to close
$136,084
Interest Paid
$62,177

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: None
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1918
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Urban
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $991.38
  • Tax Annual Amount: $7187.5
  • On Market Date: 2024-11-07T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $136,084 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $136,084!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$438,916
Your Cash$136,084
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,545/mo
Traditional @ 7.5%
$3,172/mo
You save $627/month ($7,521/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24228116

Listing From:

Last updated: 2025-03-08T13:38:03.000Z

© , 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

5.41%
7.15%

Principal & Interest

$2,545 /mo
$3,058 /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 $136,084 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $136,084!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$438,916
Your Cash$136,084
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,545/mo
Traditional @ 7.5%
$3,172/mo
You save $627/month ($7,521/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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