Laura Jewett

Laura Jewett

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Active

$789,900

($339,911 down)
FHA

153 W 89th Street, Los Angeles, CA 90003

N/A
N/A
sqft
PITI Monthly
$3,705.71 /mo

Listing courtesy of: SHEENA PRATT, Wedgewood Homes Realty

Assumed Rate

3.7%
7.15%

Principal & Interest

$2,311 /mo
$3,391 /mo

What's Special

INVESTORS
LOCATION
SPACIOUS
GRANITE COUNTERTOPS
PUBLIC TRANSPORTATION
CHARMING
COZY
INCOME POTENTIAL
RENTAL INCOME
INVESTMENT OPPORTUNITY

Nestled in the heart of the Broadway-Manchester neighborhood of Los Angeles, this charming duplex is a prime opportunity for investors or homeowners seeking income potential. The property features two detached structures, offering privacy and versatility for its occupants. The front unit is a cozy 2-bedroom, 1-bath residence, while the back unit boasts a spacious 3-bedroom, 1-bath layout. Each unit is thoughtfully designed making this an ideal living arrangement for families or renters. The back unit stands out with its private entrance and dedicated electric meter, streamlining utility management. Inside, you’ll find a well-appointed kitchen with granite countertops, laminate flooring throughout, and the convenience of laundry hookups. Both units are equipped with tankless water heaters, ensuring energy efficiency and endless hot water. Complementing the property is a detached garage, presenting an exciting opportunity to convert it into a third unit or ADU, adding even more value and flexibility. Location is key, and this duplex delivers. Positioned near major freeways, schools, and public transportation, the property offers easy access to the best of Los Angeles. Within a 15-minute drive, you’ll find iconic destinations like SoFi Stadium, the Intuit Dome, and the vibrant downtown LA scene. Whether you’re looking to generate rental income or enjoy multi-generational living, this property provides the perfect combination of comfort, convenience, and potential. Don’t miss the chance to own a piece of this dynamic neighborhood. Contact us today for more information and to schedule a private showing of this exceptional investment opportunity!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$3,705.71/mo
Estimated Loan Balance
$474,239
Cash to close
$339,911
Interest Paid
$92,622

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Wood, WroughtIron
Roof
  • Roof: Shingle
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: Shingle
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $789,900
  • Tax Annual Amount: $9873.75
  • On Market Date: 2025-02-18T00:00:00.000Z
Inquire about this property

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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 $339,911 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $339,911!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$449,989
Your Cash$339,911
Total Purchase Price:$789,900

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$2,311/mo
Traditional @ 7.5%
$3,517/mo
You save $1,206/month ($14,476/year)

*Secondary financing rates are an estimated value based on input

MLS ID: WS25035848

Listing From:

Last updated: 2025-02-27T17:56:55.000Z

© , 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

3.7%
7.15%

Principal & Interest

$2,311 /mo
$3,391 /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 $339,911 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $339,911!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$449,989
Your Cash$339,911
Total Purchase Price:$789,900

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$2,311/mo
Traditional @ 7.5%
$3,517/mo
You save $1,206/month ($14,476/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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