Laura Jewett

Laura Jewett

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Closed

$699,000

($502,743 down)
FHA

1625 W 47th Street, Los Angeles, CA 90062

3
1
1,080 sqft
PITI Monthly
$2,290.99 /mo

Listing courtesy of: Sergio Becerra, Century 21 LOTUS

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,205 /mo
$1,824 /mo

What's Special

LOCATION
ENTERTAINMENT
DINING
SPACIOUS
MODERN
CHARMING

Charming Craftsman-Style 3-Bedroom, 1-Bathroom Home in Prime Los Angeles Location Nestled in the sought-after Park Hills Heights neighborhood, this spacious Craftsman-style home offers a perfect blend of classic charm and modern living. Centrally located between Downtown Los Angeles and LAX, this home features an open floor plan that maximizes space and natural light. The spacious living room and family/dining areas provide an ideal setting for both relaxation and entertainment, with windows that flood the interior with sunshine throughout the day. Featuring a well-thought-out layout, the home includes three generously sized bedrooms and a well-appointed bathroom, offering ample space for comfortable living. Convenience is key, with washer and dryer hookups conveniently located in the backyard, and a low-maintenance front and back yard that allows for easy upkeep while still offering room for outdoor enjoyment. Enjoy proximity to USC Village, Leimert Park, SoFi Stadium, LA Live, the beach, and the vibrant energy of Downtown Los Angeles—making this location incredibly desirable and well-connected to some of LA’s top attractions and cultural landmarks. Whether you’re looking for a home with character, a fantastic location, or a perfect balance of style and practicality, this home offers a unique opportunity to experience the best of Los Angeles living in one of the city’s up-and-coming neighborhoods.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
18 years, 2 months
Monthly PITI
$2,290.99/mo
Estimated Loan Balance
$196,896
Cash to close
$502,743
Interest Paid
$96,063

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Wood

Exterior

Fencing
  • Fencing: 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: SingleFamilyResidence
  • Architectural Style: Craftsman
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1921
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $647.22
  • Tax Annual Amount: $8737.5
  • On Market Date: 2025-01-21T00:00:00.000Z
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 $502,743 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $502,743!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$196,257
Your Cash:$502,743
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,205/mo
Traditional @ 7.5%
$1,892/mo
You save $687/month ($8,241/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25015392

Listing From:

Last updated: 2025-03-13T20:04:50.000Z

© , 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

3.45%
7.15%

Principal & Interest

$1,205 /mo
$1,824 /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 $502,743 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $502,743!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$196,257
Your Cash:$502,743
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,205/mo
Traditional @ 7.5%
$1,892/mo
You save $687/month ($8,241/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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