Laura Jewett

Laura Jewett

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$795,000

($309,425 down)
FHA

158 S Clarence Street, Los Angeles, CA 90033

4
3
1,446 sqft
PITI Monthly
$3,442.84 /mo

Listing courtesy of: Sagiv Rosano, Rosano Partners

Assumed Rate

2.2%
7.15%

Principal & Interest

$2,021 /mo
$3,595 /mo

What's Special

REMODELED
LOCATION
SHOPPING
DINING
SPACIOUS
RENOVATED
GRANITE COUNTERTOPS
FIREPLACE
VAULTED CEILINGS
MASTER SUITE
PRICE REDUCED
INVESTMENT OPPORTUNITY

PRICE REDUCED: Prime Duplex in Boyle Heights | Potential to Gross 67K/Yr - This duplex in Boyle Heights offers two updated units on a single lot, making it a strong investment opportunity with income-generating potential. Situated near the Metro Gold Line and just across from Little Tokyo, this property offers a fantastic urban location with easy access to dining, shopping, and public transit. FRONT HOUSE: This spacious 3-bedroom, 2-bathroom home includes a master suite with his-and-hers closets and a private full bathroom. The newly renovated kitchen features granite countertops, custom cabinetry, a dishwasher, built-in microwave, and freestanding stove/oven. There's also a convenient laundry area with a stackable washer and dryer. The formal dining room includes a faux fireplace and space for a hutch, while the living room boasts vaulted ceilings and ample natural light through multiple windows. The entire home is updated with distressed wood-look laminate flooring, copper plumbing, new electrical and circuit breakers, a forced-air heating unit, new vinyl windows throughout, and a brand-new roof as of August. BACK HOUSE: This remodeled 1-bedroom, 1-bathroom unit offers great potential with minimal deferred maintenance, providing significant upside. This one bedroom can be delivered vacant. The property includes a gated parking pad (access from alley), fitting at least two vehicles. *Please note that financials are not verified.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.2
Remaining Loan Term
26 years, 0 months
Monthly PITI
$3,442.84/mo
Estimated Loan Balance
$496,771
Cash to close
$309,425
Interest Paid
$44,618

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Unknown
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Wood

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1925
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $549.79
  • Tax Annual Amount: $9937.5
  • On Market Date: 2024-11-07T00:00:00.000Z
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 $309,425 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $309,425!

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

Loan Breakdown

Assumed Mortgage2.2% Sellers Rate
$485,575
Your Cash$309,425
Total Purchase Price:$795,000

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$2,021/mo
Traditional @ 7.5%
$3,729/mo
You save $1,708/month ($20,497/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24461183

Listing From:

Last updated: 2024-12-19T06:04:53.000Z

© , 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

2.2%
7.15%

Principal & Interest

$2,021 /mo
$3,595 /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 $309,425 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $309,425!

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

Loan Breakdown

Assumed Mortgage2.2% Sellers Rate
$485,575
Your Cash$309,425
Total Purchase Price:$795,000

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$2,021/mo
Traditional @ 7.5%
$3,729/mo
You save $1,708/month ($20,497/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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