Laura Jewett

Laura Jewett

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Closed

$799,900

($79,690 down)
FHA

10821 Lakewood Boulevard, Downey, CA 90241

3
2
1,569 sqft
PITI Monthly
$5,659.58 /mo

Listing courtesy of: Dana Hughes, Redfin Corporation

Assumed Rate

7.2%
7.15%

Principal & Interest

$4,929 /mo
$4,904 /mo

What's Special

LOCATION
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
FIREPLACE
CHARMING
COZY

New Price!!!! Step into this quintessential California gem, perfect for your commercial office needs and or your perfect starter home. As you enter through the charming Spanish-style front porch, you're greeted by a welcoming living room with a cozy fireplace, sleek laminate flooring, and ceiling fans. The dining room boasts custom nooks and cabinets, adding a touch of elegance. The first bedroom, featuring laminate flooring and brand-new windows, offers ample space. The updated bathroom includes a modern shower and double sinks for convenience. The second bedroom also comes with a closet and new windows, providing plenty of natural light. The third bedroom is versatile and can serve as an office or an in-home business space, thanks to its commercial zoning. It even has a small bathroom with a shower for added functionality. This property is zoned commercial so you can use it for your in home business The spacious laundry room and the updated kitchen, complete with a charming eat-in nook, granite countertops, and custom cabinets, make daily tasks a breeze. With parking for 6-8 cars at the rear and a prime location just across the street from Stonewood Mall, this property is a unique find. Whether you're looking to set up a commercial office or a home-based business, this place has everything you need to thrive in style.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.2
Remaining Loan Term
28 years, 7 months
Monthly PITI
$5,659.58/mo
Estimated Loan Balance
$721,414
Cash to close
$79,690
Interest Paid
$73,580

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • 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: 1925
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Downey

Financial Details

  • Price per Sqft: $509.82
  • Tax Annual Amount: $
  • On Market Date: 2024-07-24T00:00:00.000Z
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 $79,690 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $79,690!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$720,210
Your Cash$79,690
Total Purchase Price:$799,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$4,929/mo
Traditional @ 7.5%
$5,087/mo
You save $158/month ($1,899/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24150543

Listing From:

Last updated: 2024-11-26T22:56:35.000Z

© , 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

7.2%
7.15%

Principal & Interest

$4,929 /mo
$4,904 /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 $79,690 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $79,690!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$720,210
Your Cash$79,690
Total Purchase Price:$799,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$4,929/mo
Traditional @ 7.5%
$5,087/mo
You save $158/month ($1,899/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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