Dan Kaercher

Dan Kaercher

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$715,000

($322,136 down)
FHA

1136 W 87th Street, Los Angeles, CA 90044

5
2
1,834 sqft
PITI Monthly
$3,531.89 /mo

Listing courtesy of: Katie Munoz, Keller Williams Beverly Hills

Assumed Rate

4.05%
7.15%

Principal & Interest

$2,240 /mo
$3,150 /mo

What's Special

INVESTORS
LOCATION
ENTERTAINMENT
SPACIOUS
MODERN
RENTAL INCOME

PartnersCRE is proud to exclusively present a prime 2-Unit Residential Income Property with incredible investment potential at 1136 W 87th St, Los Angeles, CA 90044, just minutes from Downtown Los Angeles. Situated on a spacious 6,084 SF LCR320U-zoned lot, this well-maintained duplex offers an excellent opportunity for both investors and owner-occupiers. Built in 1918, the property retains its original charm while providing potential for modernization. The front unit, a 3-bedroom, 1-bathroom home, will be delivered VACANT, allowing new owners to set market rent or capitalize on Section 8 Voucher Payment Standards of up to $3,528 per month. The rear unit, a 2-bedroom, 1-bathroom home, is currently tenant-occupied, generating $1,928 per month, with the potential to increase to $2,748 under Section 8. Adding to its appeal, the property includes a detached two-car garage that will be delivered vacant. Equipped with electricity, plumbing, and sewage, the garage is perfectly suited for an ADU conversion, providing an excellent opportunity for additional rental income or personal use. The lot's size and zoning offer flexibility for future expansion or redevelopment, making it an attractive investment. Located just a short drive from SoFi Stadium and Hollywood Park, this property benefits from the rapid growth and revitalization of Inglewood's booming entertainment district. With the stadium hosting world-class concerts, major sporting events, and year-round attractions, the area continues to draw demand from renters seeking a prime location with easy access to premier amenities. Additionally, the property enjoys excellent connectivity with the 110 and 105 freeways, ensuring a seamless commute to key areas throughout Los Angeles.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
22 years, 2 months
Monthly PITI
$3,531.89/mo
Estimated Loan Balance
$393,776
Cash to close
$322,136
Interest Paid
$137,039

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1918
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $389.86
  • Tax Annual Amount: $8937.5
  • On Market Date: 2025-04-01T00:00:00.000Z
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 $322,136 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $322,136!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$392,864
Your Cash$322,136
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$2,240/mo
Traditional @ 7.5%
$3,268/mo
You save $1,027/month ($12,329/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25519483

Listing From:

Last updated: 2025-04-03T05:33:00.000Z

© , 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

4.05%
7.15%

Principal & Interest

$2,240 /mo
$3,150 /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 $322,136 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $322,136!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$392,864
Your Cash$322,136
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$2,240/mo
Traditional @ 7.5%
$3,268/mo
You save $1,027/month ($12,329/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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