$1,220,000
($704,504 down)1860 N Summit Avenue, Pasadena, CA 91103
PITI Monthly
Listing courtesy of: Dianna Perez, Freemanfoxx Realty
Assumed Rate
3.48%
7.15%Principal & Interest
$2,554 /mo
$3,851 /moWhat's Special
Cash positive legal duplex with a non-conforming garage conversion studio. Stylish and turnkey. The property is zoned Commercial Residential so you can also run a business there. The property is on a corner lot and thus has two separate addresses. The other address is 150 E. Tremont St. All tenants are strong renters that pay on time and take great care of the premises. The larger unit is 2 bedroom with a finished attic space that is huge and can function as an additional room or office space.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
3.48
Remaining Loan Term
25 years, 0 months
Monthly PITI
$4,455.45/mo
Estimated Loan Balance
$670,751
Cash to close
$704,504
Interest Paid
$94,316
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms:
Cooling & Heating
- Cooling: CentralAir
- Heating: Central
Features
- Materials: Unknown
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: SeeRemarks, Wood
Exterior
Fencing
- Fencing: Unknown
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: 1915
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: Biking, Curbs
HOA
- Has HOA: No
Location
- Region: Pasadena
Financial Details
- Price per Sqft: $1,220,000
- Tax Annual Amount: $15250
- On Market Date: 2024-12-10T00:00:00.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: TR24246929
Listing From:
Last updated: 2025-01-23T23:02:08.000Z
© , 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
3.48%
7.15%Principal & Interest
$2,554 /mo
$3,851 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $704,504!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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