Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Active

$811,000

($528,847 down)
FHA

217 Columbia Place, Los Angeles, CA 90026

2
2
1,364 sqft
PITI Monthly
$2,557.47 /mo

Listing courtesy of: Antony Elliott, Rodeo Realty

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,275 /mo
$2,105 /mo

What's Special

LOCATION
MINUTES AWAY
CITY VIEWS
HISTORIC

East Coast Charm in the Heart of LA! Duplex in Historic Belmont Square , Discover a rare opportunity to own a duplex in Belmont Square/Echo Park South, a hidden gem in Los Angeles that blends East Coast-style architecture with classic LA charm. Situated on Columbia Place and Columbia Avenue, this inviting two-unit property offers a prime location within one of LA's most walkable and architecturally rich neighborhoods. Belmont Square is a pedestrian-friendly enclave designed by renowned architect David Julius Witmer, featuring minimal Art Deco and American Craftsman influences. Inspired by New York City row houses, this neighborhood boasts picturesque tree-lined streets, garden courtyards, and a rich architectural heritage dating back to the 1920s. This duplex features two 1-bed, 1-bath units with functional layouts and in-unit washer/dryers, along with private garden areas that provide a peaceful retreat in the city. Whether you're looking to live in one unit and rent out the other, this property offers great potential for income generation. Enjoy prime walkability, with Downtown LA, Silver Lake, Echo Park, and Koreatown just minutes away. Plus, Vista Hermosa Park and Echo Park are both within walking distance, offering scenic green spaces, trails, and city views just steps from your doorstep. Additionally, the roof has been newly done, providing peace of mind for years to come. Surrounded by beautifully preserved architecture and lush communal spaces, this property offers a rare opportunity to live in a neighborhood full of character and history. **Schedule a showing today and experience the unique charm of Belmont Square!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,557.47/mo
Estimated Loan Balance
$283,397
Cash to close
$528,847
Interest Paid
$34,982

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Wood

Exterior

Fencing
  • Fencing: GoodCondition
Roof
  • Roof: Flat
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type:
  • Architectural Style: Craftsman
Materials
  • Unknown
  • Roof: Flat
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $594.57
  • Tax Annual Amount: $10137.5
  • On Market Date: 2025-03-20T00:00:00.000Z
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 $528,847 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $528,847!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$282,153
Your Cash:$528,847
Total Purchase Price:$811,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,275/mo
Traditional @ 7.5%
$2,183/mo
You save $908/month ($10,891/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25493823

Listing From:

Last updated: 2025-04-03T01:04:40.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,275 /mo
$2,105 /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 $528,847 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $528,847!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$282,153
Your Cash:$528,847
Total Purchase Price:$811,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,275/mo
Traditional @ 7.5%
$2,183/mo
You save $908/month ($10,891/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

Powered 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.

equal-housing

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.