Laura Jewett

Laura Jewett

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Closed

$600,000

($184,104 down)
FHA

10832 Gorman Avenue, Los Angeles, CA 90059

3
2
1,172 sqft
PITI Monthly
$2,583.22 /mo

Listing courtesy of: ORLANDO FRANCO, UNITED EMPIRE REALTY

Assumed Rate

4.17%
7.15%

Principal & Interest

$2,110 /mo
$2,924 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
RENOVATED
WALK-IN CLOSET

Welcome to your new home. This beautiful home in South Los Angeles... YES, Correct - ‘South Los Angeles!’ There’s much more inside than you expect. This home is recently painted and renovated. Also gated for privacy as you walk into your living space you walk into your living room, the open floor plan greets you, and you are able to entertain with a kitchen/living area/dining room concept. It also features an open floor kitchen and three very spacious bedrooms and two baths. The spacious master bedroom comes with its own bathroom and a walk-in closet, looking for extra closet space? It’s got you covered. The garage fits two cars in the back thru the alley, and has an outdoor bar for entertainment, parties, and BBQ! The property is located in the center of All Popular Destinations like 25 minutes to Downtown LA, 20 Minutes to LAX, 25 minutes to Santa Monica Pier. This property is a MUST SEE, MUST VIEW!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,583.22/mo
Estimated Loan Balance
$416,558
Cash to close
$184,104
Interest Paid
$51,363

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: None
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $511.95
  • Tax Annual Amount: $
  • On Market Date: 2024-04-11T00:00:00.000Z
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 $184,104 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $184,104!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$415,896
Your Cash$184,104
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,110/mo
Traditional @ 7.5%
$3,034/mo
You save $924/month ($11,084/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24072422

Listing From:

Last updated: 2024-12-05T03:31:25.000Z

© , 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

4.17%
7.15%

Principal & Interest

$2,110 /mo
$2,924 /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 $184,104 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $184,104!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$415,896
Your Cash$184,104
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,110/mo
Traditional @ 7.5%
$3,034/mo
You save $924/month ($11,084/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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