Dan Kaercher

Dan Kaercher

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$850,000

($120,750 down)
FHA

1831 259th Street, Lomita, CA 90717

2
1
1,266 sqft
PITI Monthly
$5,516.04 /mo

Listing courtesy of: Ramichael Monsod, ACME Real Estate

Assumed Rate

4.48%
7.15%

Principal & Interest

$3,871 /mo
$5,173 /mo

What's Special

DINING
MODERN
RENOVATED
FIREPLACE
HOME OFFICE
PATIO
COZY

Situated in Lomita, a quaint South Bay inland city known for its small-town charm, rests a tranquil oasis offering a perfect blend of minimal character and modern upgrades. Built in 1956, the updated traditional sits on an elongated corner lot showcasing a low-profile ranch-style design with private front and back yards. The interior has been thoughtfully renovated with two bedrooms and one updated bathroom spread across a generous 1,266 sq. ft. layout. The home boasts two dedicated living areas, including a cozy den complete with a decorative fireplace. The den flows directly to the back yard, creating a seamless indoor-outdoor connection that's perfect for entertaining or simply enjoying the outside patio alone with a coffee and book. The kitchen is a standout renovation, featuring an abundance of recently installed cabinetry, countertops and modern appliances. It flows easily into the dining area, making it ideal for hosting meals or casual dining. Just off the kitchen, a versatile bonus room awaits, perfect for a home office, art studio, or exercise room - whatever fits your lifestyle needs! Additional features include central heating and air conditioning, dual-paned windows, window treatments throughout, paved backyard for low-maintenance outdoor living and an attached single-car garage providing convenient direct access to the interior of the home. There is also ample on-street parking available. Located near the 110 Freeway and Pacific Coast Highway with easy access to nearby Harbor Pines, Torrance, Palos Verdes and San Pedro. Conveniently surrounded by a variety of local parks, grocery stores, a Costco, restaurants, and schools. Lomita's small-town charm is complemented by its proximity to the bustling energy of nearby coastal cities, offering the best of both worlds! Home at last!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.48
Remaining Loan Term
27 years, 2 months
Monthly PITI
$5,516.04/mo
Estimated Loan Balance
$730,395
Cash to close
$120,750
Interest Paid
$95,008

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Den
  • Flooring: Brick, Carpet

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Lomita

Financial Details

  • Price per Sqft: $671.41
  • Tax Annual Amount: $10625
  • 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.

Apply now

Savings Calculator

Current cash to close is $120,750 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $120,750!

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

Loan Breakdown

Assumed Mortgage4.48% Sellers Rate
$729,250
Your Cash$120,750
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 4.48%
$3,871/mo
Traditional @ 7.5%
$5,366/mo
You save $1,494/month ($17,929/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25519187

Listing From:

Last updated: 2025-04-03T12:32:05.000Z

© , 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

4.48%
7.15%

Principal & Interest

$3,871 /mo
$5,173 /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 $120,750 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $120,750!

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

Loan Breakdown

Assumed Mortgage4.48% Sellers Rate
$729,250
Your Cash$120,750
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 4.48%
$3,871/mo
Traditional @ 7.5%
$5,366/mo
You save $1,494/month ($17,929/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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