$1,150,000
($467,173 down)1631 E 88th Street, Los Angeles, CA 90002
PITI Monthly
Listing courtesy of: Monserrat Torres, Ambiance Realty
Assumed Rate
2.94%
7.15%Principal & Interest
$3,081 /mo
$4,974 /moWhat's Special
Introducing an excellent investment opportunity for real estate investors! This property, located at 1631 E 88th St ,1629 E 88th St, and 1629 1/2 E 88th St in Los Angeles, CA 90002, is currently generating an impressive monthly income of $8,650. Comprising a total of 6 bedrooms and 4 bathrooms, this property offers ample space for tenants. two of the unit's have their own electrical and water meters, providing convenience and flexibility for both the landlord and tenants. Situated in a desirable location, this property presents a fantastic opportunity to expand your real estate portfolio. With its strong rental income potential, this investment promises a steady cash flow and a solid return on investment. Don't miss out on this lucrative deal!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
26 years, 3 months
Monthly PITI
$5,016.27/mo
Estimated Loan Balance
$689,816
Cash to close
$467,173
Interest Paid
$77,981
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
Cooling & Heating
- Cooling: Unknown
- Heating: Electric, FloorFurnace
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: 0
- Home type:
- Architectural Style: Unknown
Materials
- Unknown
- Roof: Unknown
Condition
- Year Built: 1958
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: Unknown
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial Details
- Price per Sqft: $568.46
- Tax Annual Amount: $14375
- On Market Date: 2024-05-14T00:00:00.000Z
Inquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $467,173!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 24392091
Listing From:
Last updated: 2024-09-30T18:41:05.000Z
© , 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
2.94%
7.15%Principal & Interest
$3,081 /mo
$4,974 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $467,173!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
Apply to AssumePowered By UMe.
© 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.
Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.