Laura Jewett

Laura Jewett

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Closed

$575,800

($431,788 down)
FHA

702 W 52nd Street, Los Angeles, CA 90037

2
1
1,177 sqft
PITI Monthly
$1,524.74 /mo

Listing courtesy of: Marina Ramirez-Lomeli, HomeSmart

Assumed Rate

5.5%
7.15%

Principal & Interest

$1,207 /mo
$1,436 /mo

What's Special

INVESTORS
LOCATION
SHOPPING
ENTERTAINMENT
DINING
PUBLIC TRANSPORTATION
CHARMING
COZY

**Charming Home in the Heart of Los Angeles!**Welcome to 702 W. 52nd Street, located in the vibrant city of Los Angeles, zip code 90037. This cozy residence offers an ideal blend of comfort and convenience, perfect for homeowners or investors seeking a prime location near USC. **Key Features: ** Bedrooms and Bathrooms:** This GEM home features two bedrooms and one bathroom, providing comfortable living spaces for its occupants. **Living Space:** With 1,177 square feet of living space, this residence offers ample room for relaxation and entertainment. **Location:** Situated near USC, this property is ideal for students, faculty, or anyone who enjoys university life and sporting events at the Coliseum. Go Trojans! **Lot Size:** The property sits on a generous lot size of 4,997 square feet, providing plenty of outdoor space for gardening, recreation, or potential expansion. - **Convenience:** Enjoy easy access to nearby amenities, including shopping, dining, entertainment, and public transportation options. This charming home presents an excellent opportunity to own a piece of Los Angeles real estate in a desirable location. Don't miss out on your chance to make this property your own! Did I mention the fruit trees in the back? There is also minimal landscaping.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
13 years, 10 months
Monthly PITI
$1,524.74/mo
Estimated Loan Balance
$178,855
Cash to close
$431,788
Interest Paid
$161,715

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: Unknown
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: 1907
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $489.21
  • Tax Annual Amount: $
  • On Market Date: 2024-07-22T00:00:00.000Z
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 $431,788 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $431,788!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$144,012
Your Cash:$431,788
Total Purchase Price:$575,800

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,207/mo
Traditional @ 7.5%
$1,490/mo
You save $282/month ($3,389/year)

*Secondary financing rates are an estimated value based on input

MLS ID: TR24106397

Listing From:

Last updated: 2024-12-05T05:06:18.000Z

© , 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

5.5%
7.15%

Principal & Interest

$1,207 /mo
$1,436 /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 $431,788 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $431,788!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$144,012
Your Cash:$431,788
Total Purchase Price:$575,800

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,207/mo
Traditional @ 7.5%
$1,490/mo
You save $282/month ($3,389/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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