Laura Jewett

Laura Jewett

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$975,000

($550,288 down)
FHA

2335 Griffin Avenue, Los Angeles, CA 90031

4
4
3,234 sqft
PITI Monthly
$4,209.46 /mo

Listing courtesy of: XIO SANDOVAL, CENTURY 21 REALTY MASTERS

Assumed Rate

4.14%
7.15%

Principal & Interest

$2,598 /mo
$3,614 /mo

What's Special

INVESTORS
LOCATION

PRIME OPPORTUNITY TO PURCHASE IN THE ULTRA HOT LINCOLN HEIGHTS NEIGHBORHOOD: 2 ATTACHED UNITS (currently owner occupied) with a combined permitted 3,234 of living Sq Ft, sitting on a 7,052 lot with LAC4 zoning-property will clear SB8 for those investors looking to maximize the current zoning code. The floor plan allows for an extended family to purchase, live and stay together to assist each other with all the expenses-or simply LIVE in 1 and RENT the other unit. Location is unmatched with easy access to every major freeway in Los Angeles from the 110 fwy, 5 fwy, 2 fwy, 101 fwy makes for the daily city commute a breeze. This property provides a true entertainers dream as the neighboring trendy restaurants & bars are only a $10 -15 ride share, one of these is the iconic San Antonio Winery, short drive to the Arts District, El Sereno, Dodger Stadium, Highland Park. Calling all owner-occupants and investors, do not miss out on this opportunity. Book your tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.14
Remaining Loan Term
20 years, 1 months
Monthly PITI
$4,209.46/mo
Estimated Loan Balance
$490,274
Cash to close
$550,288
Interest Paid
$198,766

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Baseboard
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: Duplex
  • Architectural Style: Craftsman
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1880
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $301.48
  • Tax Annual Amount: $12187.5
  • On Market Date: 2025-03-22T00:00:00.000Z
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 $550,288 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $550,288!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$424,712
Your Cash:$550,288
Total Purchase Price:$975,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$2,598/mo
Traditional @ 7.5%
$3,749/mo
You save $1,151/month ($13,810/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MB25062959

Listing From:

Last updated: 2025-03-23T13:48:28.000Z

© , 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

4.14%
7.15%

Principal & Interest

$2,598 /mo
$3,614 /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 $550,288 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $550,288!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$424,712
Your Cash:$550,288
Total Purchase Price:$975,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$2,598/mo
Traditional @ 7.5%
$3,749/mo
You save $1,151/month ($13,810/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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