Laura Jewett

Laura Jewett

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$555,000

($12,742 down)
VA

1130 E 1st Street UNIT 205, Long Beach, CA 90802

2
2
957 sqft
PITI Monthly
$3,946.48 /mo

Listing courtesy of: Antoinette Hopper, Vista Sotheby’s International Realty

Assumed Rate

5.52%
7.15%

Principal & Interest

$3,202 /mo
$3,800 /mo

What's Special

REMODELED
LOCATION
ENTERTAINMENT
DINING
MOVE-IN READY
MODERN
GRANITE COUNTERTOPS
PET-FRIENDLY
PUBLIC TRANSPORTATION

Beachside Living at Its Best – Don’t Miss Out! Welcome to your dream condo in the heart of Long Beach! This stunning 2-bedroom, 2-bath home is truly move-in ready, offering a fantastic opportunity for its next lucky owner. Perfectly situated, this condo is a block away from the sand and has a 4.5-mile bike, running, and walking path. Spend your weekends at Rosie's Dog Beach or the lively Farmer’s Market near Bixby Park. You’ll also love the proximity to fantastic restaurants, shops, entertainment, schools, and parks, and easy access to freeways and public transportation for commuters. Step inside to discover an inviting open floor plan that seamlessly connects the kitchen, dining area, and living room, making it perfect for relaxing or entertaining guests. This condo has been tastefully remodeled from top to bottom, boasting modern vinyl plank flooring, and an upgraded kitchen with sleek granite countertops, ample cabinetry, and stainless-steel appliances. The primary bedroom features space-saving closet doors, while the primary bath impresses with a chic rustic barn door, glass shower doors, and stylish updated fixtures. Additional upgrades include a newer water heater and hidden internet/cable lines for a streamlined look. Enjoy the convenience of one assigned parking space in the gated subterranean garage, along with a secured building featuring controlled access, a community laundry room, and elevator access. The HOA covers water, trash, and community maintenance, leaving you with less to worry about and more time to enjoy your new home! This pet-friendly, VA-approved complex offers gated subterranean parking in a secured building featuring controlled access. This rare find is an unbeatable combination of modern upgrades, prime location, and beachside charm. Schedule your showing today – this gem won’t last long!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$3,946.48/mo
Estimated Loan Balance
$543,663
Cash to close
$12,742
Interest Paid
$81,356

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Radiant
Features
  • Materials: Drywall
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Vinyl

Exterior

Fencing
  • Fencing: Security
Roof
  • Roof: CommonRoof
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: Condominium
  • Architectural Style: Unknown
Materials
  • Drywall
  • Roof: CommonRoof
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Alamitos Beach (AB)
  • Features: Curbs, StormDrains, StreetLights, Sidewalks, Gated
HOA
  • Has HOA: Yes
  • HOA Name: Alpha Manor Condominium
  • HOA Amenities: Unknown
  • HOA Fee: $403.8
  • HOA Frequency: $Monthly
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $579.94
  • Tax Annual Amount: $6937.5
  • On Market Date: 2025-03-18T00:00:00.000Z
Inquire about this property

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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 $12,742 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $12,742!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$542,258
Your Cash$12,742
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$3,202/mo
Traditional @ 7.5%
$3,942/mo
You save $740/month ($8,881/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SB25059529

Listing From:

Last updated: 2025-04-01T19:47:32.000Z

© , 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

5.52%
7.15%

Principal & Interest

$3,202 /mo
$3,800 /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 $12,742 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$

You cover the entire equity of $12,742!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$542,258
Your Cash$12,742
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$3,202/mo
Traditional @ 7.5%
$3,942/mo
You save $740/month ($8,881/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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