Laura Jewett

Laura Jewett

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Closed

$785,000

($150,524 down)
FHA

248 E 69th Way, Long Beach, CA 90805

3
2
1,012 sqft
PITI Monthly
$4,649.44 /mo

Listing courtesy of: Gabriella Nichols, Surterre Properties Inc

Assumed Rate

6.16%
7.15%

Principal & Interest

$3,972 /mo
$4,398 /mo

What's Special

REMODELED
SPACIOUS
STAINLESS STEEL APPLIANCES
FIREPLACE
CHARMING
COZY

**Newly Remodeled Long Beach Gem**Welcome to this charming California bungalow! This newly remodeled home is complemented by a converted detached garage with an additional 390 sq ft, which is not included in the total square footage. As you step inside the main house you'll be greeted by an open floor plan with incredible natural light, a boasting media center and a cozy fireplace creating a warm and welcoming atmosphere. The remodeled kitchen has beautiful quartz countertops, updated cabinets and sink, updated electrical, recessed lighting and nearly brand new stainless steel appliances. The main house bathroom has 2 sinks with updated countertops, updated flooring, recessed lighting and updated tile in the shower. More upgrades include, tankless water heater, laminate wood flooring and a covered shed for washer and dryer just outside the back door. The converted garage features an updated bathroom, plumbing for a kitchenette and recently installed laminate wood flooring; this spacious converted garage has not been permitted but is in great condition to become any space you need. The backyard, complete with a large refurbished pool and new planter boxes is perfect for entertaining year-round. The extra long driveway allows parking for 3 cars and an additional parking spot behind the converted garage. Don't miss your chance to own this turn key home!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.16
Remaining Loan Term
27 years, 8 months
Monthly PITI
$4,649.44/mo
Estimated Loan Balance
$641,685
Cash to close
$150,524
Interest Paid
$92,323

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless
  • Heating: Ductless
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Laminate

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: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Bungalow
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1944
Details
  • Builder:

Community & HOA

Community
  • Subdivision: North Long Beach (NLB)
  • Features: StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $775.69
  • Tax Annual Amount: $9812.5
  • On Market Date: 2025-01-07T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $150,524 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $150,524!

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

Loan Breakdown

Assumed Mortgage6.16% Sellers Rate
$634,476
Your Cash$150,524
Total Purchase Price:$785,000

Assumed vs Traditional Mortgage

Assumed @ 6.16%
$3,972/mo
Traditional @ 7.5%
$4,562/mo
You save $591/month ($7,088/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC25004128

Listing From:

Last updated: 2025-02-28T16:13:39.000Z

© , 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

6.16%
7.15%

Principal & Interest

$3,972 /mo
$4,398 /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 $150,524 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $150,524!

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

Loan Breakdown

Assumed Mortgage6.16% Sellers Rate
$634,476
Your Cash$150,524
Total Purchase Price:$785,000

Assumed vs Traditional Mortgage

Assumed @ 6.16%
$3,972/mo
Traditional @ 7.5%
$4,562/mo
You save $591/month ($7,088/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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