Laura Jewett

Laura Jewett

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Closed

$790,000

($358,443 down)
VA

6670 Olive Avenue, Long Beach, CA 90805

2
2
1,341 sqft
PITI Monthly
$3,148.85 /mo

Listing courtesy of: Marvin Garcia, ROA California Inc.

Assumed Rate

3.31%
7.15%

Principal & Interest

$2,099 /mo
$3,233 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MOVE-IN READY
PRIVATE BACKYARD
FAMILY-FRIENDLY
CHARMING
RENTAL INCOME

FIRST TIME BUYERS ELIGIBLE FOR $25,0000 GRANT WITH LONG BEACH!! This charming 2-bedroom, 1-bath home with a fully permitted ADU is move-in ready and brimming with possibilities! The front home features a beautiful galley kitchen, a spacious living room with new vinyl windows that provide great natural light, and a lifetime warranty for added peace of mind. Both bedrooms are generously sized, offering comfort and privacy. A driveway in front of the home fits up to 3 cars, adding convenience. The permitted ADU comes with its own private entrance, making it ideal for multigenerational living, rental income, or Airbnb. Vinyl fencing separates the main home and ADU, giving both units their own private backyards. Best of all, both the main home and ADU will be DELIVERED VACANT at closing, offering you a fresh start and limitless opportunities! Situated on a picturesque tree-lined street in a family-friendly neighborhood, this property is within walking distance of schools, parks, shopping centers, and the vibrant Uptown Commons Plaza, offering a variety of dining and entertainment options. It’s also conveniently located near the 91, 710, and 605 freeways and a short drive to Long Beach Airport, making commuting a breeze. This home offers the perfect combination of comfort, convenience, and flexibility! Professional photos coming in February—don’t miss this incredible opportunity! BONUS: Per city, you can add a 500 sqft JADU and under SB9 you can build a detached 800 sqft minimum unit. Property has potential to operate as a 4 unit cash cow! Buyers and Agents are recommended to check with city for details.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.31
Remaining Loan Term
25 years, 2 months
Monthly PITI
$3,148.85/mo
Estimated Loan Balance
$433,366
Cash to close
$358,443
Interest Paid
$72,834

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: SeeRemarks, WallWindowUnits
  • Heating: FloorFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Brick, Vinyl
Roof
  • Roof: Asphalt
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: Asphalt
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $589.11
  • Tax Annual Amount: $9875
  • On Market Date: 2025-02-10T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $358,443 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $358,443!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$431,557
Your Cash$358,443
Total Purchase Price:$790,000

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$2,099/mo
Traditional @ 7.5%
$3,353/mo
You save $1,254/month ($15,053/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25012750

Listing From:

Last updated: 2025-03-24T20:22:30.000Z

© , 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

3.31%
7.15%

Principal & Interest

$2,099 /mo
$3,233 /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 $358,443 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $358,443!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$431,557
Your Cash$358,443
Total Purchase Price:$790,000

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$2,099/mo
Traditional @ 7.5%
$3,353/mo
You save $1,254/month ($15,053/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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