Laura Jewett

Laura Jewett

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Closed

$649,000

($113,478 down)
FHA

11815 Avalon Boulevard, Los Angeles, CA 90061

N/A
N/A
sqft
PITI Monthly
$3,118.9 /mo

Listing courtesy of: Eric Delgado, Equity Union

Assumed Rate

3.16%
7.15%

Principal & Interest

$2,535 /mo
$3,979 /mo

What's Special

SHOPPING
DINING
WALK-IN CLOSET
INVESTMENT OPPORTUNITY

Great investment opportunity with tons of potential! Zoned C2, this property could be converted into an apartment building or storefront (buyer to verify) or continue to be utilized as a Duplex. Enjoy the space and conveniences of this duplex home with 4 bedrooms and 2 baths in the main house and 1 bedroom and 1 bath in the rear unit. The Main house has laminate floors, a master bedroom with a bath, a walk-in closet, a large family room, formal dining, and laundry in the unit. The rear unit is a perfect space for in-laws or to rent out for passive income. There's plenty of room for parking as well as potential future commercial development. Adjacent to Willowbrook, the property is located conveniently to public transit, schools, Magic Johnson park, the 105 and 110 freeways, shopping, restaurants, and everything in downtown Los Angeles. Explore the possibilities with this well-maintained duplex, don't let this opportunity slip away from you!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 4 months
Monthly PITI
$3,118.9/mo
Estimated Loan Balance
$604,063
Cash to close
$113,478
Interest Paid
$82,693

Facts & Features

Interior

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

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:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1917
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $649,000
  • Tax Annual Amount: $
  • On Market Date: 2022-01-11T00:00:00.000Z
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 $113,478 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $113,478!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$535,522
Your Cash$113,478
Total Purchase Price:$649,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$2,535/mo
Traditional @ 7.5%
$4,127/mo
You save $1,592/month ($19,109/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR22005782

Listing From:

Last updated: 2024-12-19T00:23:38.000Z

© , 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

3.16%
7.15%

Principal & Interest

$2,535 /mo
$3,979 /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 $113,478 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $113,478!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$535,522
Your Cash$113,478
Total Purchase Price:$649,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$2,535/mo
Traditional @ 7.5%
$4,127/mo
You save $1,592/month ($19,109/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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