Laura Jewett

Laura Jewett

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Closed

$995,000

($103,666 down)
FHA

1517 N Eastern Avenue, Los Angeles, CA 90063

N/A
N/A
sqft
PITI Monthly
$6,524.71 /mo

Listing courtesy of: Lucy Spencer, eXp Realty of California Inc

Assumed Rate

6.43%
7.15%

Principal & Interest

$5,668 /mo
$6,101 /mo

What's Special

INVESTORS
SPACIOUS
MODERN
RENOVATED
STAINLESS STEEL APPLIANCES
PATIO

Look no further! This inviting duplex nestled in City Terrace effortlessly blends classic architecture with contemporary updates. This meticulously renovated property presents a compelling opportunity for both homeowners and investors. Step inside to discover spacious interiors illuminated by abundant natural light and enhanced by recessed lighting and a modern aesthetic. The kitchen features soft-closing cabinets, sleek quartz countertops, and stainless steel appliances, ensuring both style and functionality. Each unit offers three bedrooms and a full bath, providing comfortable accommodations for all. Outside, the generous backyard includes a covered patio overlooking the backyard, perfect for enjoying Southern California's delightful weather. A detached two-car garage with beautiful epoxy finish adds convenience and provides additional parking. Recent upgrades such as a new roof, updated windows, and electrical improvements ensure the property's modern comfort and efficiency. Located near the 10 and 710 freeways, this duplex offers easy access to Downtown LA, Pasadena, Long Beach, as well as educational institutions like Cal State LA and USC Keck. Whether you're seeking a stylish residence or a savvy investment, this property stands out as an exceptional choice in the vibrant community of City Terrace.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$6,524.71/mo
Estimated Loan Balance
$898,302
Cash to close
$103,666
Interest Paid
$100,684

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: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $995,000
  • Tax Annual Amount: $
  • On Market Date: 2024-08-01T00:00:00.000Z
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 $103,666 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $103,666!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$891,334
Your Cash$103,666
Total Purchase Price:$995,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$5,668/mo
Traditional @ 7.5%
$6,329/mo
You save $660/month ($7,925/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24149073

Listing From:

Last updated: 2024-09-10T17:46:41.000Z

© , 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

6.43%
7.15%

Principal & Interest

$5,668 /mo
$6,101 /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 $103,666 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $103,666!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$891,334
Your Cash$103,666
Total Purchase Price:$995,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$5,668/mo
Traditional @ 7.5%
$6,329/mo
You save $660/month ($7,925/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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