Laura Jewett

Laura Jewett

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$650,000

($297,246 down)
FHA

1619 W 71st Street, Los Angeles, CA 90047

2
1
1,034 sqft
PITI Monthly
$2,925.85 /mo

Listing courtesy of: Carlos Tatum, Beach Cities Properties, Inc.

Assumed Rate

3.61%
7.15%

Principal & Interest

$1,802 /mo
$2,673 /mo

What's Special

SHOPPING
SPACIOUS
CHARMING

Charming LA Home with ADU Potential – Bring Your Vision to Life! Welcome to 1619 W 71st St, a delightful 2-bedroom, 1-bathroom home nestled in a well-maintained neighborhood. Ideally situated near SoFi Stadium, DTLA, Crypto Arena, schools, shopping, and major freeways, this home offers both convenience and charm. With endless potential, this home is the perfect canvas—bring your paintbrush, toolbox & creativity to make it your own! The detached 2 car garage presents a fantastic ADU opportunity, perfect for extra income or extended family use. Enjoy a spacious backyard, a well-manicured, gated front yard, and a long paved driveway with ample parking for up to three + cars. *****This home is located in a census track that qualifies for a $20,000 grant! Inquire with agent. ***** Priced to sell—don’t miss out on this incredible opportunity! Schedule your showing today

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$2,925.85/mo
Estimated Loan Balance
$438,762
Cash to close
$297,246
Interest Paid
$73,320

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: None
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: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $628.63
  • Tax Annual Amount: $8125
  • On Market Date: 2025-03-11T00:00:00.000Z
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 $297,246 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $297,246!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$352,754
Your Cash$297,246
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,802/mo
Traditional @ 7.5%
$2,773/mo
You save $971/month ($11,655/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25048401

Listing From:

Last updated: 2025-03-25T17:23:25.000Z

© , 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

$1,802 /mo
$2,673 /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 $297,246 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $297,246!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$352,754
Your Cash$297,246
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,802/mo
Traditional @ 7.5%
$2,773/mo
You save $971/month ($11,655/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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