Laura Jewett

Laura Jewett

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$620,000

($134,920 down)
FHA

1138 S Concord Street, Los Angeles, CA 90023

2
1
810 sqft
PITI Monthly
$4,259.49 /mo

Listing courtesy of: Leeran Peretz, eXp Realty of Greater Los Angeles

Assumed Rate

6.92%
7.15%

Principal & Interest

$3,223 /mo
$3,299 /mo

What's Special

LOCATION
DINING
SPACIOUS
FIREPLACE
COZY

Welcome to 1138 S Concord St. This home is ready for a new family to make it their own. This cozy 2 bedroom, 1 bath home is perfect for first-time buyers. The home offers a spacious living room with fireplace, dining area, spacious kitchen with laundry area inside. Both bedrooms are good sized. The uncovered driveway is paved and the backyard is perfect for entertaining guests. Nestled in a prime location just a few miles from Downtown LA, this home sits at the crossroads of connectivity near schools, parks and easy access to the 60, 710, and 5 freeways.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.92
Remaining Loan Term
29 years, 4 months
Monthly PITI
$4,259.49/mo
Estimated Loan Balance
$485,924
Cash to close
$134,920
Interest Paid
$22,465

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Bungalow
Materials
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1925
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $765.43
  • Tax Annual Amount: $7750
  • On Market Date: 2025-03-21T00:00:00.000Z
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 $134,920 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $134,920!

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

Loan Breakdown

Assumed Mortgage6.92% Sellers Rate
$485,080
Your Cash$134,920
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 6.92%
$3,223/mo
Traditional @ 7.5%
$3,422/mo
You save $199/month ($2,382/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25514911

Listing From:

Last updated: 2025-04-03T04:16:54.000Z

© , 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

6.92%
7.15%

Principal & Interest

$3,223 /mo
$3,299 /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 $134,920 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $134,920!

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

Loan Breakdown

Assumed Mortgage6.92% Sellers Rate
$485,080
Your Cash$134,920
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 6.92%
$3,223/mo
Traditional @ 7.5%
$3,422/mo
You save $199/month ($2,382/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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