$1,199,000
($298,654 down)2516 Fisk Lane, Redondo Beach, CA 90278
PITI Monthly
Listing courtesy of: Anthony Elminoufi, Beach City Brokers
Assumed Rate
5.56%
7.15%Principal & Interest
$5,318 /mo
$6,284 /moWhat's Special
Contractors / Investor’s dream in North Redondo Beach! This 4-bedroom, 2-bathroom home with a 1-bedroom, 1-bathroom ADU is a prime opportunity for those looking to renovate or rebuild. The property has been gutted—no kitchen, no bathrooms, and some drywall has been removed, offering a blank slate for customization. The most recent permits include an electrical service panel upgrade (2013) and a new roof installation (2020). Some of the additions may be unpermitted—buyer to verify. Located on a quiet, tree-lined street, this neighborhood boasts well-kept homes and a strong community feel. Just minutes from the beach, top-rated schools, shopping, and dining, it offers the perfect blend of coastal living and convenience. A prime opportunity for cash buyers and investors in a highly sought-after area! The home is being sold as-is, with no credits or repairs.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
5.56
Remaining Loan Term
27 years, 7 months
Monthly PITI
$7,525.58/mo
Estimated Loan Balance
$1,217,680
Cash to close
$298,654
Interest Paid
$123,036
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling & Heating
- Cooling: None
- Heating: Unknown
Features
- Materials: Unknown
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Unknown
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: Unknown
Parking
- Garage: No
- Garage Spaces:
- 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: Unknown
Materials
- Unknown
- Roof: Unknown
Condition
- Year Built: 1953
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: Sidewalks
HOA
- Has HOA: No
Location
- Region: Redondo Beach
Financial Details
- Price per Sqft: $631.05
- Tax Annual Amount: $14987.5
- On Market Date: 2025-02-26T00:00:00.000Z
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You cover the entire equity of $298,654!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: SB25041925
Listing From:
Last updated: 2025-04-04T14:25:06.000Z
© , 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
5.56%
7.15%Principal & Interest
$5,318 /mo
$6,284 /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 $298,654!
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
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