Dan Kaercher

Dan Kaercher

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Closed

$999,000

($645,862 down)
FHA

2685 Arrow Hwy, La Verne, CA 91750

4
3
1,700 sqft
PITI Monthly
$3,693.65 /mo

Listing courtesy of: Carmela Terrazzino, Terrazzino, Carmela

Assumed Rate

4.05%
7.15%

Principal & Interest

$2,004 /mo
$2,818 /mo

What's Special

LOCATION
FRESH PAINT
MODERN
CHARMING
RENTAL INCOME

NEW PRICE! Welcome to this charming 2-bedroom, 1 1/2-bath home, paired with a fully permitted 2-bedroom, 1 1/2-bath ADU built in 2021, both in move-in-ready condition! The permitted ADU boasts its own private entrance and features an open floor plan, making it perfect for multigenerational living, rental income, or Airbnb opportunities. Thoughtfully designed, vinyl fencing separates the main home and ADU, providing each unit with its own private quiet backyard. Both spaces are beautifully illuminated with solar bistro lights and feature amenities such as a barbecue area, a tranquil fountain,with no rear neighbors and a mature orange tree for added charm. Adding even more value, the property includes a permitted detached bonus room (approx. 215 sqft), which is currently being used as a bedroom. Whether you need extra entertaining space or a private retreat, this flexible bonus area is a fantastic feature!The front home has been tastefully updated, featuring new flooring, modernized bathrooms, fresh paint, and an updated kitchen. The home is currently tenant-occupied on a month-to-month lease, generating $2,800 in rental income.Solar will be paid off through close of escrow. Peak season electric bill for both homes has been under 125.00 per month. Situated in a prime La Verne location, this home is within close proximity to the University of La Verne, Old Town La Verne, and is within walking distance to the metro station. Easy access to the 10 and 210 freeways makes commuting a breeze. To top it all off, enjoy a spectacular 4th of July fireworks display right from the comfort of your backyard!This property offers the perfect combination of comfort, convenience, and flexibility. Whether you’re looking for a home with rental potential, space for family, or an ideal investment property, this one checks all the boxes!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
22 years, 2 months
Monthly PITI
$3,693.65/mo
Estimated Loan Balance
$386,402
Cash to close
$645,862
Interest Paid
$122,614

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, WallWindowUnits
  • Heating: ForcedAir, Solar
Features
  • Materials: CopperPlumbing
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Laminate, Vinyl

Exterior

Fencing
  • Fencing: ExcellentCondition, Privacy, Vinyl
Roof
  • Roof: Composition
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: Unknown
Materials
  • CopperPlumbing
  • Roof: Composition
Condition
  • Year Built: 1941
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks, Park
HOA
  • Has HOA: No
Location
  • Region: La Verne

Financial Details

  • Price per Sqft: $587.65
  • Tax Annual Amount: $12487.5
  • On Market Date: 2025-01-25T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $645,862 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $645,862!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$353,138
Your Cash:$645,862
Total Purchase Price:$999,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$2,004/mo
Traditional @ 7.5%
$2,924/mo
You save $919/month ($11,031/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC25018541

Listing From:

Last updated: 2025-03-02T02:38:43.000Z

© , 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

4.05%
7.15%

Principal & Interest

$2,004 /mo
$2,818 /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 $645,862 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $645,862!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$353,138
Your Cash:$645,862
Total Purchase Price:$999,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$2,004/mo
Traditional @ 7.5%
$2,924/mo
You save $919/month ($11,031/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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