Dan Kaercher

Dan Kaercher

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$950,000

($380,123 down)
FHA

1519 E 89th Street, Los Angeles, CA 90002

7
4
2,305 sqft
PITI Monthly
$4,756.35 /mo

Listing courtesy of: Walter Castillo, Coldwell Banker Realty

Assumed Rate

4.18%
7.15%

Principal & Interest

$3,101 /mo
$4,293 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
MODERN
PUBLIC TRANSPORTATION
RENTAL INCOME

Exceptional Income Property Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this spacious duplex, ideally located in the thriving metropolitan South Los Angeles area! Situated directly across from Judith Baca Arts Academy, this rare find offers two beautifully maintained homes on one lot. The front unit features 4 generous bedrooms and 2 bathrooms, while the rear unit offers 3 spacious bedrooms and 2 bathrooms ideal for multi-family living or maximizing rental income. Each unit is designed with thoughtful layouts, perfect for modern living with ample natural light throughout. This prime location offers unbeatable convenience, with easy access to schools, public transportation, and major shopping and dining hubs. Whether you're looking for a high-potential income property or a place to call home, this duplex delivers endless possibilities. Don't miss your chance to invest in one of LA's most rapidly developing neighborhoods. Schedule a showing today and explore the opportunity of owning in this vibrant community! Contact listing agent for more details

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.18
Remaining Loan Term
24 years, 0 months
Monthly PITI
$4,756.35/mo
Estimated Loan Balance
$657,010
Cash to close
$380,123
Interest Paid
$150,818

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 7
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1910
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $412.15
  • Tax Annual Amount: $11875
  • On Market Date: 2024-09-12T00:00:00.000Z
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 $380,123 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $380,123!

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

Loan Breakdown

Assumed Mortgage4.18% Sellers Rate
$569,877
Your Cash$380,123
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 4.18%
$3,101/mo
Traditional @ 7.5%
$4,453/mo
You save $1,352/month ($16,224/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24439269

Listing From:

Last updated: 2024-12-05T05:22:21.000Z

© , 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

4.18%
7.15%

Principal & Interest

$3,101 /mo
$4,293 /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 $380,123 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $380,123!

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

Loan Breakdown

Assumed Mortgage4.18% Sellers Rate
$569,877
Your Cash$380,123
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 4.18%
$3,101/mo
Traditional @ 7.5%
$4,453/mo
You save $1,352/month ($16,224/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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© 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 Your Home Sold Guaranteed Realty 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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