Laura Jewett

Laura Jewett

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$765,000

($409,084 down)
FHA

1967 E 113th Street, Los Angeles, CA 90059

5
2
1,850 sqft
PITI Monthly
$2,459.09 /mo

Listing courtesy of: Raul Flores, Real Broker

Assumed Rate

3.81%
7.15%

Principal & Interest

$1,947 /mo
$2,818 /mo

What's Special

SHOPPING
DINING
COZY
INCOME POTENTIAL
RENTAL INCOME

DUPLEX!!! Welcome to 1967 E 113th Street, a fantastic duplex opportunity in the heart of Los Angeles, CA 90059. This property features two separate units, one offering 3 bedrooms and 1 bathroom, the other offers a 2 bedroom and 1 bathroom, making it an ideal investment for those looking to live in one unit while renting out the other or live in one and have family in the back. Each unit is designed with functionality and comfort in mind, providing ample living space filled with natural light. The interiors are ready for your personal touch, offering a blank canvas to create a cozy home environment. The kitchens are well-sized, perfect for preparing meals and entertaining guests. One of the standout features of this property is it can be delivered vacant, allowing you the flexibility to choose your living arrangement or tenants. This is a rare find in the bustling Los Angeles market, offering both immediate rental income potential and a comfortable living space. The property also boasts a generous outdoor area, perfect for relaxing or hosting gatherings. Whether you're a savvy investor or a homeowner looking for additional income, this duplex offers endless possibilities. Located in a vibrant neighborhood, you'll enjoy easy access to local amenities, including shopping centers, dining options, and parks. Nearby, you'll find the Watts Coffee House for a delightful brunch experience and the Watts Towers Arts Center for a dose of culture and art. Don't miss out on this unique opportunity to own a versatile property in Los Angeles. Make 1967 E 113th Street your new home and investment today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.81
Remaining Loan Term
22 years, 7 months
Monthly PITI
$2,459.09/mo
Estimated Loan Balance
$356,731
Cash to close
$409,084
Interest Paid
$109,424

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless
  • Heating: Unknown
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: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1929
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $413.51
  • Tax Annual Amount: $9562.5
  • On Market Date: 2025-01-14T00:00:00.000Z
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 $409,084 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $409,084!

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

Loan Breakdown

Assumed Mortgage3.81% Sellers Rate
$355,916
Your Cash:$409,084
Total Purchase Price:$765,000

Assumed vs Traditional Mortgage

Assumed @ 3.81%
$1,947/mo
Traditional @ 7.5%
$2,924/mo
You save $977/month ($11,721/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25000743

Listing From:

Last updated: 2025-03-24T21:58:43.000Z

© , 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

3.81%
7.15%

Principal & Interest

$1,947 /mo
$2,818 /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 $409,084 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $409,084!

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

Loan Breakdown

Assumed Mortgage3.81% Sellers Rate
$355,916
Your Cash:$409,084
Total Purchase Price:$765,000

Assumed vs Traditional Mortgage

Assumed @ 3.81%
$1,947/mo
Traditional @ 7.5%
$2,924/mo
You save $977/month ($11,721/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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