Laura Jewett

Laura Jewett

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$785,000

($157,214 down)
FHA

2821 W 85th Street, Inglewood, CA 90305

2
2
1,181 sqft
PITI Monthly
$5,328.14 /mo

Listing courtesy of: MOISES MORAN, EXP REALTY OF SOUTHERN CALIFORNIA INC.

Assumed Rate

6.34%
7.15%

Principal & Interest

$3,985 /mo
$4,330 /mo

What's Special

LOCATION
MINUTES AWAY
MODERN
CHARMING

Don’t miss this fantastic opportunity to own a charming 2-bedroom, 2-bathroom home in the highly desirable Morningside Park area of Inglewood, CA. This prime location is just minutes away from SoFi Stadium, The Kia Forum, and the upcoming Intuit Dome—making it perfect for sports fans, concert goers, and those who love being in the heart of the action. Boasting 1,181 sq. ft. of living space and sitting on a generous 5,237 sq. ft. corner lot, this home features an updated kitchen and stylish new flooring in the bedrooms, offering a modern feel. The bonus room/Jr. ADU with its own bathroom provides versatile options—whether you’re looking for extra living space or an income-generating rental unit. Property is zoned R-2. The home also benefits from a freshly painted exterior, enhancing its curb appeal. With a location like this and all the added features, this property won’t last long! Schedule your viewing today and make this gem yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$5,328.14/mo
Estimated Loan Balance
$629,111
Cash to close
$157,214
Interest Paid
$73,753

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1938
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Inglewood

Financial Details

  • Price per Sqft: $664.69
  • Tax Annual Amount: $9812.5
  • On Market Date: 2025-03-01T00:00:00.000Z
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 $157,214 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $157,214!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$627,786
Your Cash$157,214
Total Purchase Price:$785,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$3,985/mo
Traditional @ 7.5%
$4,491/mo
You save $506/month ($6,077/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV25034531

Listing From:

Last updated: 2025-04-03T21:38:54.000Z

© , 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

6.34%
7.15%

Principal & Interest

$3,985 /mo
$4,330 /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 $157,214 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $157,214!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$627,786
Your Cash$157,214
Total Purchase Price:$785,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$3,985/mo
Traditional @ 7.5%
$4,491/mo
You save $506/month ($6,077/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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