Laura Jewett

Laura Jewett

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Closed

$1,250,000

($443,364 down)
VA

1806 Carmona Avenue, Los Angeles, CA 90019

5
4
3,234 sqft
PITI Monthly
$4,882.56 /mo

Listing courtesy of: Johnesha Coutee, Real Broker

Assumed Rate

5.41%
7.15%

Principal & Interest

$4,666 /mo
$5,606 /mo

What's Special

SPACIOUS
MODERN
CHARMING
COZY
SOLAR PANELS
INVESTMENT OPPORTUNITY

Rare investment opportunity in prime Mid-City! This charming triplex at 1806 Carmona Ave hasn't been on the market since 1996 and offers incredible potential with significant updates. The first unit is a spacious townhome-style layout featuring 2 bedrooms, 1.5 bathrooms, and an upstairs living space. The second unit is a well-appointed 2-bedroom, 1-bathroom, while the third unit is a cozy 1-bedroom, 1 bathroom residence. Recent upgrades include new copper plumbing, new windows, updated electrical systems, and leased solar panels, ensuring energy efficiency and modern convenience. A 3-car detached garage provides ample parking or additional storage. Don't miss the opportunity to own a well-maintained property in Los Angeles' most sought-after neighborhoods!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$4,882.56/mo
Estimated Loan Balance
$814,706
Cash to close
$443,364
Interest Paid
$113,975

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: Solar
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, 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: None

Construction

Type & Style
  • Stories: 2
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1949
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $386.52
  • Tax Annual Amount: $
  • On Market Date: 2024-09-03T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $443,364 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $443,364!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$806,636
Your Cash$443,364
Total Purchase Price:$1,250,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$4,666/mo
Traditional @ 7.5%
$5,815/mo
You save $1,149/month ($13,788/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24435251

Listing From:

Last updated: 2024-12-05T04:37:49.000Z

© , 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

5.41%
7.15%

Principal & Interest

$4,666 /mo
$5,606 /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 $443,364 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $443,364!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$806,636
Your Cash$443,364
Total Purchase Price:$1,250,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$4,666/mo
Traditional @ 7.5%
$5,815/mo
You save $1,149/month ($13,788/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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