Dan Kaercher

Dan Kaercher

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Closed

$1,494,000

($305,210 down)
VA

1054 W 23rd Street, San Pedro, CA 90731

5
4
2,797 sqft
PITI Monthly
$8,375.76 /mo

Listing courtesy of: Riley Eastman, Compass

Assumed Rate

4.98%
7.15%

Principal & Interest

$6,603 /mo
$8,327 /mo

What's Special

ENTERTAINMENT
DINING
MODERN
RENOVATED
WATERFRONT
HISTORIC
CHARMING
INVESTMENT OPPORTUNITY

Discover an exceptional investment opportunity at 1054 W 23rd St in the vibrant San Pedro, CA. This captivating four-unit property blends historical elegance with contemporary functionality. It features a charming 2-bedroom/1-bathroom front house complemented by three meticulously renovated 1-bedroom/1-bathroom units at the rear. Recent enhancements, exceeding $150,000, include complete renovation to all rear units, installation of new water heaters and modern appliances, termite tenting completed in May 2023, fresh exterior paint, new vinyl gates, and revamped property drainage system. Strategically situated in an area witnessing a $100 Million Dollar waterfront development - West Harbor, this property is poised for significant appreciation. The development promises to enhance the locale with new entertainment and dining venues, along with breathtaking views of the bustling activities at the country’s largest port. This is a rare chance to be part of San Pedro’s exciting real estate transformation. Seize the opportunity to own a piece of this dynamic community.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$8,375.76/mo
Estimated Loan Balance
$1,192,110
Cash to close
$305,210
Interest Paid
$170,334

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Ductless
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PrivateSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Quadruplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Fishing, Golf, Hiking, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: San Pedro

Financial Details

  • Price per Sqft: $534.14
  • Tax Annual Amount: $18675
  • On Market Date: 2024-07-08T00:00:00.000Z
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 $305,210 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $305,210!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$1,188,790
Your Cash$305,210
Total Purchase Price:$1,494,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$6,603/mo
Traditional @ 7.5%
$8,637/mo
You save $2,034/month ($24,408/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SB24136207

Listing From:

Last updated: 2024-12-05T03:48:59.000Z

© , 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

4.98%
7.15%

Principal & Interest

$6,603 /mo
$8,327 /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 $305,210 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $305,210!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$1,188,790
Your Cash$305,210
Total Purchase Price:$1,494,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$6,603/mo
Traditional @ 7.5%
$8,637/mo
You save $2,034/month ($24,408/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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