Laura Jewett

Laura Jewett

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Active

$899,888

($582,840 down)
VA

1506 Railroad Street, Oceano, CA 93445

N/A
N/A
sqft
PITI Monthly
$1,832.66 /mo

Listing courtesy of: Carl Tyler, Tyler Properties

Assumed Rate

3.61%
7.15%

Principal & Interest

$1,616 /mo
$2,398 /mo

What's Special

REMODELED
DECK

Prime mixed use property- This 4300 Sq ft plus 2 story steel building was built in 1991 and sits on a 4500 Sq ft lot. Zoned CS ( Commercial Services) this property offers exceptional versatility for business, investment or personal. Exterior is fenced on both sides and features covered parking in the back as well as concrete approaches front and back. 2 year old solar system is paid for and provides more than enough electricity for the entire unit. It also features backup storage panels for long term electrical supply. The lower level spans 2160 sq ft and is configured as an office/ retail space and a garage workspace and features 2 half baths. The upstairs private entry space features a completely remodeled 1 bedroom apartment as well as several additional bedroom/office spaces along with 2 full baths. Beautiful deck off the apartment allows amazing views and there sound of the ocean nearby. Due to the steel contraction, this building can be configured in multiple ways to accommodate virtually anyone. Hurry to view this amazing property.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$1,832.66/mo
Estimated Loan Balance
$319,023
Cash to close
$582,840
Interest Paid
$65,761

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 2
  • Home type: MixedUse
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1991
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Oceano

Financial Details

  • Price per Sqft: $899,888
  • Tax Annual Amount: $
  • On Market Date: 2025-01-10T00:00:00.000Z
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 $582,840 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $582,840!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$317,048
Your Cash:$582,840
Total Purchase Price:$899,888

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,616/mo
Traditional @ 7.5%
$2,487/mo
You save $871/month ($10,453/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PI25006924

Listing From:

Last updated: 2025-01-14T02:16:32.000Z

© , 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

3.61%
7.15%

Principal & Interest

$1,616 /mo
$2,398 /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 $582,840 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $582,840!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$317,048
Your Cash:$582,840
Total Purchase Price:$899,888

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,616/mo
Traditional @ 7.5%
$2,487/mo
You save $871/month ($10,453/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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