Dan Kaercher

Dan Kaercher

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Closed

$1,025,000

($0 down)*
FHA

Potential short sale please verify with your agent.

2011 240th Street, Lomita, CA 90717

4
2
1,923 sqft
PITI Monthly
$6,086.16 /mo

Listing courtesy of: Danny Montoya, Keller Williams Pacific Estate

Assumed Rate

3.35%
7.15%

Principal & Interest

$5,057 /mo
$7,750 /mo

What's Special

DINING
MODERN
FIREPLACE
VAULTED CEILINGS

Nestled on the cusp of Torrance this mid century modern time capsule is ready for its next owner to get creative and/or maintain its current integrity. Revitalized in the 60’s by engineer/contractor Forrest G. Bell w/ inspiration from architects Cliff May & Eichler this bungalow has been well preserved within the same family for decades. A plethora of natural light fulfill the living room/dining room, vaulted ceilings, multiple skylights, Rancho Palos Verdes stonework surround the fireplace. Custom birch cabinetry & original mid century tile grace the kitchen, stainless steel refrigerator/ dishwasher. The primary suite and bedrooms all have the original doors & custom closet doors in birch. In the bathrooms all original mid century tile work, custom birch cabinetry, alongside sinks & bathtub in tact by American Standard. An open canvas in the backyard’s expansive lot include trees of orange, lemon, avocado, tangerine & a tranquil environment. The basement provides an excellent use of extra storage and keeps the access to central heat & water heater tucked away. The industrial style expansive garage provides a magnificent opportunity for an ADU with over 800 sqft and loft storage already in place. A stones throw away to Narbonne Ave’s thriving strip, Crema Pan Bakery, Corridor Flow Coffee, Burning Daylight Brewing Company, Fantastic Cafe, Bonello’s New York Pizza, Lomita Alehouse are just a few of many to mention. Close to all major freeways and approx 5 miles to the beach. A true MCM Gem in the South Bay!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.35
Remaining Loan Term
25 years, 3 months
Monthly PITI
$6,086.16/mo
Estimated Loan Balance
$1,684,060
Cash to close
$0
Interest Paid
$173,882

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Bungalow, Custom, Modern
Materials
  • Unknown
  • Roof: Asphalt
Condition
  • Year Built: 1920
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Lomita

Financial Details

  • Price per Sqft: $533.02
  • Tax Annual Amount: $
  • On Market Date: 2024-11-14T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.35% Sellers Rate
$1,025,000
Your Cash$0
Total Purchase Price:$1,025,000

Assumed vs Traditional Mortgage

Assumed @ 3.35%
$5,057/mo
Traditional @ 7.5%
$8,039/mo
You save $2,982/month ($35,781/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24228294

Listing From:

Last updated: 2025-01-14T02:16:32.000Z

© , 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

3.35%
7.15%

Principal & Interest

$5,057 /mo
$7,750 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.35% Sellers Rate
$1,025,000
Your Cash$0
Total Purchase Price:$1,025,000

Assumed vs Traditional Mortgage

Assumed @ 3.35%
$5,057/mo
Traditional @ 7.5%
$8,039/mo
You save $2,982/month ($35,781/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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