Laura Jewett

Laura Jewett

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Closed

$1,250,000

($683,096 down)
FHA

4919 Lexington Avenue, Los Angeles, CA 90029

N/A
N/A
sqft
PITI Monthly
$5,116.49 /mo

Listing courtesy of: Varteni Kambourian, Beverly and Company, Inc.

Assumed Rate

5.12%
7.15%

Principal & Interest

$3,183 /mo
$3,951 /mo

What's Special

INVESTORS
LOCATION
DINING

PRIME HOLLYWOOD LOCATION DEVELOPMENT OPPORTUNITY! Developers/Builders and Investors welcome to 4919 and 4921 Lexington Avenue duplex property, which features an approximately 7001 SQFT LOT! Plans have been processed with the city of Los Angeles to build 4 tri-level generous size units with private garages and 1 ADU! The (buyer must exercise due diligence in determining all current zoning details and implications). A strategic location is a short drive from the sought-after downtown LA, Echo Park, Los Feliz, and West Hollywood, with easy access to freeways, dining, and shops! Please do not disturb occupancy. Drive-by only! Offers Subject to Interior Viewing!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.12
Remaining Loan Term
27 years, 5 months
Monthly PITI
$5,116.49/mo
Estimated Loan Balance
$572,906
Cash to close
$683,096
Interest Paid
$75,954

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: 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: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1922
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Urban
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $1,250,000
  • Tax Annual Amount: $15625
  • On Market Date: 2024-09-12T00:00:00.000Z
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 $683,096 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $683,096!

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

Loan Breakdown

Assumed Mortgage5.12% Sellers Rate
$566,904
Your Cash:$683,096
Total Purchase Price:$1,250,000

Assumed vs Traditional Mortgage

Assumed @ 5.12%
$3,183/mo
Traditional @ 7.5%
$4,098/mo
You save $915/month ($10,980/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24186370

Listing From:

Last updated: 2024-09-13T13:25:57.000Z

© , 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

5.12%
7.15%

Principal & Interest

$3,183 /mo
$3,951 /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 $683,096 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $683,096!

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

Loan Breakdown

Assumed Mortgage5.12% Sellers Rate
$566,904
Your Cash:$683,096
Total Purchase Price:$1,250,000

Assumed vs Traditional Mortgage

Assumed @ 5.12%
$3,183/mo
Traditional @ 7.5%
$4,098/mo
You save $915/month ($10,980/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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