Laura Jewett

Laura Jewett

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Closed

$711,000

($549,177 down)
FHA

1501 W 83rd Street, Los Angeles, CA 90047

N/A
N/A
sqft
PITI Monthly
$1,371.91 /mo

Listing courtesy of: Manuel Agosto, CASA CENTRAL REALTY

Assumed Rate

3.35%
7.15%

Principal & Interest

$995 /mo
$1,525 /mo

What's Special

SPACIOUS

Located in a desirable area of Los Angeles, this duplex has great potential for the right buyer. The front unit consists of one bedroom and one bath with a sunken living room and kitchen. Wall partition added in living room. Rear unit has several wall partitions creating additional bedrooms. Each unit has their own private spacious yard with private entrance. Attached to the garage is an unpermitted unit. Possible ADU. Several matured fruit trees. Close to shops and schools. Must see.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.35
Remaining Loan Term
17 years, 10 months
Monthly PITI
$1,371.91/mo
Estimated Loan Balance
$177,074
Cash to close
$549,177
Interest Paid
$79,665

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Flat
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: Duplex
  • Architectural Style: Spanish
Materials
  • Unknown
  • Roof: Flat
Condition
  • Year Built: 1930
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $711,000
  • Tax Annual Amount: $8887.5
  • On Market Date: 2025-01-03T00:00:00.000Z
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 $549,177 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $549,177!

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

Loan Breakdown

Assumed Mortgage3.35% Sellers Rate
$161,823
Your Cash:$549,177
Total Purchase Price:$711,000

Assumed vs Traditional Mortgage

Assumed @ 3.35%
$995/mo
Traditional @ 7.5%
$1,582/mo
You save $587/month ($7,043/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25001725

Listing From:

Last updated: 2025-03-18T19:01:56.000Z

© , 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

3.35%
7.15%

Principal & Interest

$995 /mo
$1,525 /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 $549,177 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $549,177!

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

Loan Breakdown

Assumed Mortgage3.35% Sellers Rate
$161,823
Your Cash:$549,177
Total Purchase Price:$711,000

Assumed vs Traditional Mortgage

Assumed @ 3.35%
$995/mo
Traditional @ 7.5%
$1,582/mo
You save $587/month ($7,043/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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