Laura Jewett

Laura Jewett

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Closed

$1,299,890

($1,024,950 down)
FHA

1520 W 37th Street, Los Angeles, CA 90018

N/A
N/A
sqft
PITI Monthly
$3,314 /mo

Listing courtesy of: Raul Munguia, RE/MAX CHAMPIONS

Assumed Rate

3.97%
7.15%

Principal & Interest

$1,517 /mo
$2,154 /mo

What's Special

HUGE PRICE REDUCTION, HUGE PRICE REDUCTION, WHAT A GREAT OPPORTUNITY TO OWN A DUPLEX IN LOS ANGELES, FRONT HOUSE IS 2 BEDROOMS ONE BATHROOM NICE AND CLEAN, THE BACK UNIT IS A 5 BEDROOMS AND TWO BATHROOMS, LOTS OF POTENTIAL TO BECOME USC STUDENTS HOUSING, RUN DON'T WALK, THIS ONE WON'T LAST. IT COULD ALSO BE AN OPPORTUNITY FOR AN INVESTOR TO TRANSFORM THIS ONE INTO AN APARTMENT BUILDING, BOTH UNITS WILL BEDELIVERED UNOCCUPIED, YES, BOTH, PLEASE READ AGENT REMARKS.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.97
Remaining Loan Term
22 years, 6 months
Monthly PITI
$3,314/mo
Estimated Loan Balance
$398,723
Cash to close
$1,024,950
Interest Paid
$88,216

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: 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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1913
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $1,299,890
  • Tax Annual Amount: $16248.6
  • On Market Date: 2024-08-19T00:00:00.000Z
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 $1,024,950 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $1,024,950!

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

Loan Breakdown

Assumed Mortgage3.97% Sellers Rate
$274,940
Your Cash:$1,024,950
Total Purchase Price:$1,299,890

Assumed vs Traditional Mortgage

Assumed @ 3.97%
$1,517/mo
Traditional @ 7.5%
$2,235/mo
You save $717/month ($8,609/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24172023

Listing From:

Last updated: 2024-12-05T04:35:45.000Z

© , 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

3.97%
7.15%

Principal & Interest

$1,517 /mo
$2,154 /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 $1,024,950 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $1,024,950!

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

Loan Breakdown

Assumed Mortgage3.97% Sellers Rate
$274,940
Your Cash:$1,024,950
Total Purchase Price:$1,299,890

Assumed vs Traditional Mortgage

Assumed @ 3.97%
$1,517/mo
Traditional @ 7.5%
$2,235/mo
You save $717/month ($8,609/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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