Dan Kaercher

Dan Kaercher

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Active

$2,690,000

($1,539,160 down)
FHA

11698 Picturesque Drive, Studio City, CA 91604

3
3
3,009 sqft
PITI Monthly
$9,267.04 /mo

Listing courtesy of: Nebiyou Mesfin, Equity Union

Assumed Rate

2.99%
7.15%

Principal & Interest

$5,277 /mo
$8,465 /mo

What's Special

DINING
MODERN
LUXURY
BALCONY

Stunning Luxury Modern Oasis in Studio City Welcome to 11698 Picturesque Drive, a sophisticated blend of luxury and modern living perched in the heart of Studio City. This architectural masterpiece offers the perfect fusion of elegance and functionality, with breathtaking views and cutting-edge technology. Property Highlights: Gourmet Chef’s Kitchen: Outfitted with top-of-the-line appliances, including a Viking fridge, Wolf stove & microwave, Bosch dishwasher, and a Wolf overhead hood vent—perfect for culinary enthusiasts. Smart Home Convenience: Control your environment effortlessly with Lutron Grafik T light switches, a Ring doorbell, and an advanced Light Master camera garage door system. Seamless Indoor-Outdoor Flow: Enjoy your morning coffee on the private balcony or unwind with sunset cocktails on the expansive rooftop with panoramic views. Luxury Finishes & Features: HunterDouglas shades provide both style and privacy, while KEF speakers offer an immersive audio experience throughout the home. Fitness & Functionality: Stay active in the dedicated gym or relax knowing your two-car garage has a wired plug-in for electric vehicles. Energy Efficiency: The Navien tankless water heater ensures endless hot water with energy-saving performance. The Lifestyle You Deserve: This property offers a stylish retreat with modern amenities, making it perfect for both entertaining and everyday living. Situated in the coveted Studio City neighborhood, you’ll be minutes from trendy shops, fine dining, and vibrant nightlife, yet surrounded by tranquility and scenic views. Don’t miss out on this rare gem—schedule a private tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.99
Remaining Loan Term
26 years, 2 months
Monthly PITI
$9,267.04/mo
Estimated Loan Balance
$1,158,040
Cash to close
$1,539,160
Interest Paid
$137,885

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Wood

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: 3
  • Home type: SingleFamilyResidence
  • Architectural Style: Modern
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2017
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Studio City

Financial Details

  • Price per Sqft: $893.98
  • Tax Annual Amount: $33625
  • On Market Date: 2025-03-20T00:00:00.000Z
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 $1,539,160 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $1,539,160!

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

Loan Breakdown

Assumed Mortgage2.99% Sellers Rate
$1,150,840
Your Cash:$1,539,160
Total Purchase Price:$2,690,000

Assumed vs Traditional Mortgage

Assumed @ 2.99%
$5,277/mo
Traditional @ 7.5%
$8,780/mo
You save $3,503/month ($42,039/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR25061259

Listing From:

Last updated: 2025-03-31T01:01:54.000Z

© , 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

2.99%
7.15%

Principal & Interest

$5,277 /mo
$8,465 /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 $1,539,160 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $1,539,160!

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

Loan Breakdown

Assumed Mortgage2.99% Sellers Rate
$1,150,840
Your Cash:$1,539,160
Total Purchase Price:$2,690,000

Assumed vs Traditional Mortgage

Assumed @ 2.99%
$5,277/mo
Traditional @ 7.5%
$8,780/mo
You save $3,503/month ($42,039/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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