Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$649,900

($231,721 down)
FHA

440 S Concord Street, Los Angeles, CA 90063

3
2
1,076 sqft
PITI Monthly
$2,852.88 /mo

Listing courtesy of: Carmen Rodriguez, Century 21 Allstars

Assumed Rate

5.22%
7.15%

Principal & Interest

$2,380 /mo
$2,921 /mo

What's Special

SPACIOUS
SOLAR PANELS
RENTAL INCOME

This spacious home offers convenience, flexibility, and room to grow. It features parking in the front to the left of the property and easy access to the rear through a convenient alley. The lot is zoned R2, offering potential to build an additional home in the backyard, perfect for expanding or creating rental income. The home is equipped with paid-off solar panels, ensuring energy savings from day one, copper plumbing and updated electrical panel. Inside, you'll find an extra-large basement offering abundant storage space, or the option to transform it into a bonus room, home gym, or office—endless possibilities This home is ready for its new family—don’t miss out on this fantastic opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,852.88/mo
Estimated Loan Balance
$474,213
Cash to close
$231,721
Interest Paid
$55,450

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1904
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $604
  • Tax Annual Amount: $8123.75
  • On Market Date: 2025-01-06T00:00:00.000Z
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 $231,721 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $231,721!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$418,179
Your Cash$231,721
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,380/mo
Traditional @ 7.5%
$3,030/mo
You save $650/month ($7,796/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW24255178

Listing From:

Last updated: 2025-02-21T21:19:09.000Z

© , 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

5.22%
7.15%

Principal & Interest

$2,380 /mo
$2,921 /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 $231,721 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $231,721!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$418,179
Your Cash$231,721
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,380/mo
Traditional @ 7.5%
$3,030/mo
You save $650/month ($7,796/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.