Laura Jewett

Laura Jewett

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$575,000

($200,502 down)
FHA

2300 E 107th Street, Los Angeles, CA 90002

3
1
956 sqft
PITI Monthly
$2,816.92 /mo

Listing courtesy of: Gabriela Lambert, Innovative Property Strategies

Assumed Rate

3.18%
7.15%

Principal & Interest

$1,762 /mo
$2,759 /mo

What's Special

STAINLESS STEEL APPLIANCES
PUBLIC TRANSPORTATION
COZY

This property is eligible for The Community Advantage Program which offers 2% of the purchase price in buyer credits, minimum down payment of 3%, discounted rates and no mortgage insurance! Adorable Mid-Century Charmer in South Los Angeles! Welcome to 2300 East 107th Street in South Los Angeles, where charm meets comfort in this darling 3-bedroom, 1-bathroom home on a 2,870 sq. ft. corner lot. With 956 sq. ft. of thoughtfully utilized space, this residence offers an inviting atmosphere and a layout that feels comfortable and cozy. This updated home features inviting front porch, laminate type flooring in the living room and all 3 bedrooms, and tile flooring in the kitchen, bathroom, laundry room and hallway. Windows have been updated with dual pane vinyl windows. Recently installed fence covered with vine foliage adds character and privacy. Step inside to find a bright living room bathed in natural light, perfect for relaxing or entertaining guests. Off the living room is one of the bedrooms that could be perfect for an office, guest bedroom or a playroom. The kitchen is a chef's delight, featuring stainless steel appliances, granite counter tops and eat-in-kitchen area. Off the kitchen is a hallway leading to the remaining 2 bedrooms with lots of natural light and updated bathroom. Adjacent to the kitchen is a laundry room with full size washer and dryer and door leading to the walkway to access front and back yards. Step outside to enjoy the cute front porch and private front yard, ideal for outdoor gatherings, gardening, or simply unwinding. The back yard, also accessible through an iron gate, provides parking for about 3 cars and it could provide an opportunity to add an ADU (buyers to verify with the city). This perfect starter home is located close to Downtown Los Angeles, Metro rail, public transportation and 105 and 710 freeways. Don't miss your chance to make it yours reach out today to schedule a viewing!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.18
Remaining Loan Term
26 years, 0 months
Monthly PITI
$2,816.92/mo
Estimated Loan Balance
$375,266
Cash to close
$200,502
Interest Paid
$49,840

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $601.46
  • Tax Annual Amount: $7187.5
  • On Market Date: 2025-02-24T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $200,502 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $200,502!

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

Loan Breakdown

Assumed Mortgage3.18% Sellers Rate
$374,498
Your Cash$200,502
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.18%
$1,762/mo
Traditional @ 7.5%
$2,862/mo
You save $1,100/month ($13,196/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25502685

Listing From:

Last updated: 2025-04-03T01:57:14.000Z

© , 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

3.18%
7.15%

Principal & Interest

$1,762 /mo
$2,759 /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 $200,502 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $200,502!

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

Loan Breakdown

Assumed Mortgage3.18% Sellers Rate
$374,498
Your Cash$200,502
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.18%
$1,762/mo
Traditional @ 7.5%
$2,862/mo
You save $1,100/month ($13,196/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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