Laura Jewett

Laura Jewett

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Closed

$740,000

($444,645 down)
FHA

1826 E 107th Street, Los Angeles, CA 90002

N/A
N/A
sqft
PITI Monthly
$2,869.91 /mo

Listing courtesy of: Veronica Ivy, HomeSmart, Evergreen Realty

Assumed Rate

3.6%
7.15%

Principal & Interest

$1,629 /mo
$2,421 /mo

What's Special

DINING
SPACIOUS
MODERN

Don't miss out on this fantastic opportunity!!! Duplex, with 2 bedrooms, and 1 bath on each side (total 4 bedrooms & 2 full baths). This well-maintained property has been freshly painted (outside) and features a new wood & iron fence. Inside, you'll find modern crown molding and plenty of natural light. Main unit #1826 has been recently updated and equipped with a beautiful kitchen. It offers granite counter tops, recessed ceiling lights, gas stove and with a good size dining room. The second unit #1828 was recently painted (inside) with newer kitchen counter tops, title flooring and an extra room for additional storage. Both homes offer generous living areas, double pane windows, spacious front and backyard with new roof, new HVAC units and a "nest" thermostat system. Each unit has its own laundry rooms with full size washer & dryer hook ups. Separate water heaters, separate electric and gas meters but one main water meter. There is a 1-car garage and open space parking inside the property to accommodate, three additional vehicles. Conveniently located close to the 105 & the 110 freeways and within walking distance to the park. This duplex is perfect for you to live in one house and rent out the second one. Or simply for those that want to expand their real estate portfolio.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.6
Remaining Loan Term
21 years, 3 months
Monthly PITI
$2,869.91/mo
Estimated Loan Balance
$336,915
Cash to close
$444,645
Interest Paid
$102,803

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Wood, WroughtIron
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1921
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $740,000
  • Tax Annual Amount: $9250
  • On Market Date: 2024-09-04T00:00:00.000Z
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 $444,645 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $444,645!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$295,355
Your Cash:$444,645
Total Purchase Price:$740,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$1,629/mo
Traditional @ 7.5%
$2,511/mo
You save $881/month ($10,577/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24182598

Listing From:

Last updated: 2024-12-19T06:01:47.000Z

© , 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

3.6%
7.15%

Principal & Interest

$1,629 /mo
$2,421 /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 $444,645 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $444,645!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$295,355
Your Cash:$444,645
Total Purchase Price:$740,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$1,629/mo
Traditional @ 7.5%
$2,511/mo
You save $881/month ($10,577/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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