Dan Kaercher

Dan Kaercher

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$900,000

($570,848 down)
FHA

1263 E 87th Place, Los Angeles, CA 90002

6
4
3,310 sqft
PITI Monthly
$3,685.4 /mo

Listing courtesy of: Joshua Fritz-Calhoun, Excel Realty

Assumed Rate

4.46%
7.15%

Principal & Interest

$2,174 /mo
$2,911 /mo

What's Special

DINING
AFFORDABLE
INCOME POTENTIAL
RENTAL INCOME
INVESTMENT OPPORTUNITY

Great opportunity to own an affordable two-unit property in Metropolitan South Los Angeles! This versatile mixed-use property is perfect for owner occupancy with rental income or as a solid investment property. Front Unit: Detached 2-bedroom, 1-bath home, currently rented for $2,200/month. Rear Unit: Features include a laundry room, formal living and dining rooms, open-concept design, and a second-floor family room. Parking & Storage: Secure 3-car garage with alley access and additional storage garage at the end of the driveway. Utilities: Both units are individually metered for gas, electricity, and trash. Tenants pay their own utilities, with the owner only responsible for water and general maintenance. Great income potential in a high-demand area. Don't miss out on this fantastic investment opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.46
Remaining Loan Term
18 years, 6 months
Monthly PITI
$3,685.4/mo
Estimated Loan Balance
$421,886
Cash to close
$570,848
Interest Paid
$197,141

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1925
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $271.9
  • Tax Annual Amount: $11250
  • On Market Date: 2025-03-02T00:00:00.000Z
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 $570,848 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $570,848!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$329,152
Your Cash:$570,848
Total Purchase Price:$900,000

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$2,174/mo
Traditional @ 7.5%
$3,020/mo
You save $846/month ($10,152/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25045621

Listing From:

Last updated: 2025-03-10T06:06:03.000Z

© , 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

4.46%
7.15%

Principal & Interest

$2,174 /mo
$2,911 /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 $570,848 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $570,848!

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

Loan Breakdown

Assumed Mortgage4.46% Sellers Rate
$329,152
Your Cash:$570,848
Total Purchase Price:$900,000

Assumed vs Traditional Mortgage

Assumed @ 4.46%
$2,174/mo
Traditional @ 7.5%
$3,020/mo
You save $846/month ($10,152/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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