Laura Jewett

Laura Jewett

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Closed

$1,000,000

($332,433 down)
FHA

3745 W 58th Place, Los Angeles, CA 90043

3
2
1,665 sqft
PITI Monthly
$5,016.35 /mo

Listing courtesy of: Brenda Ashby, JohnHart Corp.

Assumed Rate

3.34%
7.15%

Principal & Interest

$3,237 /mo
$4,967 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MODERN
RENOVATED
FIREPLACE
INVESTMENT OPPORTUNITY

Discover the potential of this multi-family duplex, perfectly situated near Windsor Hills and neighboring communities of Park Mesa Heights, Leimert Park, View Park, Crenshaw Manor, and Baldwin Hills This property offers a blend of modern comfort and investment opportunity! The front unit is beautifully renovated, featuring 2 bedrooms and 1 bath, with a spacious living/dining that boasts recessed lighting, a gas-burning fireplace, and bar seating with access to the kitchen. The bathroom shines with a granite backsplash, shower over-oversize tub, and an elegant LED mirror. Both bedrooms are generously sized with great natural light, one featuring dual mirrored closet doors. The convenience of an in-unit laundry closet adds to the home's appeal and a spacious front porch where you can sit back and enjoy the signs and sounds of the neighborhood. The rear unit is a 1-bedroom, 1-bath space, awaiting your finishing touches. Renovation is incomplete, offering a unique opportunity for customization. This unit has two access points for entry: the main front door and a separate slider. It can be accessed via the driveway or privately through the alley, with ample space in the backyard--an ideal setup for maximizing rental potential. Additional features include commercial-grade security cameras for peace of mind and a prime location with easy access to shopping, dining, and entertainment. Buyers may explore financing options like a 203K loan to complete renovations and unlock this property's full value. Don't miss out on this fantastic opportunity to own a multi-family property in one of Los Angeles's most desirable areas!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.34
Remaining Loan Term
25 years, 4 months
Monthly PITI
$5,016.35/mo
Estimated Loan Balance
$837,356
Cash to close
$332,433
Interest Paid
$109,263

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1924
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $600.6
  • Tax Annual Amount: $12500
  • On Market Date: 2025-01-23T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $332,433 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $332,433!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$667,567
Your Cash$332,433
Total Purchase Price:$1,000,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$3,237/mo
Traditional @ 7.5%
$5,152/mo
You save $1,915/month ($22,983/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25487555

Listing From:

Last updated: 2025-01-31T13:25:28.000Z

© , 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

3.34%
7.15%

Principal & Interest

$3,237 /mo
$4,967 /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 $332,433 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $332,433!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$667,567
Your Cash$332,433
Total Purchase Price:$1,000,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$3,237/mo
Traditional @ 7.5%
$5,152/mo
You save $1,915/month ($22,983/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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