$699,000
($135,217 down)5723 2nd Avenue, Los Angeles, CA 90043
PITI Monthly
Listing courtesy of: Jesus Flores, United Real Estate Pacific States
Assumed Rate
2.84%
7.15%Principal & Interest
$2,514 /mo
$4,112 /moWhat's Special
Great investment opportunity in Los Angeles! This property features two units and a detached 2-car garage with potential for ADU conversion to generate additional income. The front unit includes 3 bedrooms and 1 bathroom, while the back unit offers 2 bedrooms and 1 bathroom. The detached garage provides added flexibility for future development. Conveniently located near Van Ness Park and Metro Station Division 5, the property offers easy access to USC, Downtown Los Angeles (DTLA), Exposition Park, Leimert Park, West Adams, and Jefferson Park, with quick connectivity to the 110 Freeway. This is an ideal opportunity for investors or homeowners looking to maximize rental income in a prime location.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$3,840.33/mo
Estimated Loan Balance
$566,135
Cash to close
$135,217
Interest Paid
$58,253
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: 1920
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: StreetLights, Sidewalks
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial Details
- Price per Sqft: $699,000
- Tax Annual Amount: $8737.5
- On Market Date: 2025-01-24T00:00:00.000Z
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You cover the entire equity of $135,217!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: DW25017422
Listing From:
Last updated: 2025-03-27T12:48:33.000Z
© , 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
2.84%
7.15%Principal & Interest
$2,514 /mo
$4,112 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $135,217!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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