Laura Jewett

Laura Jewett

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Closed

$1,198,000

($894,330 down)
FHA

2522 Carmona Avenue, Los Angeles, CA 90016

N/A
N/A
sqft
PITI Monthly
$3,059.34 /mo

Listing courtesy of: Daniel Alvarado, RE/MAX TOP PRODUCERS

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,369 /mo
$2,165 /mo

What's Special

REMODELED
LOCATION
SPACIOUS
CUL-DE-SAC

This exceptional 4-plex is situated in a highly sought-after area adjacent to Culver City, offering a unique opportunity for expansion on a generous 8,190 sqft lot situated on a cul-de-sac. The property benefits from LARD1.5 zoning, presenting numerous development possibilities (ADU'S). Front Units: 2-Bedroom, 1-Bathroom: 1-Bedroom, 1-Bathroom. Back Units: 2-Bedroom, 2-Bathrooms: This larger unit boasts two bathrooms, making it ideal for families or roommates. 1-Bedroom, 1-Bathroom: A comfortable and private space, suitable for single occupants or couples. The property includes a spacious 6-vehicle carport and a long driveway that accommodates additional parking for multiple vehicles. All units were remodeled between 2004-2005, remodeling included: a 40 yr. complete roof replacement, upgraded electrical systems and main panels, complete sewer system overhaul, new copper plumbing throughout, installation of dual-pane vinyl windows, new cement driveway and block walls. With easy access to the 10 Freeway, Downtown, and the beaches, this 4-plex combines a prime location and excellent expansion potential. THESE 3 UNITS WILL BE DELIVERED VACANT. *2-BEDROOM 2 BATH, *2-BEDROOM 1 BATH, *1 BEDROOM 1 BATH.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 10 months
Monthly PITI
$3,059.34/mo
Estimated Loan Balance
$307,717
Cash to close
$894,330
Interest Paid
$30,451

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: Quadruplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1925
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $1,198,000
  • Tax Annual Amount: $14975
  • On Market Date: 2024-07-23T00:00:00.000Z
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 $894,330 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $894,330!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$303,670
Your Cash:$894,330
Total Purchase Price:$1,198,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,369/mo
Traditional @ 7.5%
$2,245/mo
You save $877/month ($10,522/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24150837

Listing From:

Last updated: 2025-02-23T13:26:53.000Z

© , 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

3.1%
7.15%

Principal & Interest

$1,369 /mo
$2,165 /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 $894,330 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $894,330!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$303,670
Your Cash:$894,330
Total Purchase Price:$1,198,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,369/mo
Traditional @ 7.5%
$2,245/mo
You save $877/month ($10,522/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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