Dan Kaercher

Dan Kaercher

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Closed

$599,000

($422,097 down)
FHA

2790 Olive Avenue, Altadena, CA 91001

2
1
728 sqft
PITI Monthly
$1,351.49 /mo

Listing courtesy of: Steve Aranda, Altadena Real Estate Company

Assumed Rate

3.91%
7.15%

Principal & Interest

$1,030 /mo
$1,474 /mo

What's Special

INVESTORS
DECK
QUIET NEIGHBORHOOD
CHARMING
COZY

Welcome to 2790 Olive, a rare opportunity to acquire a single family residence at a price point almost unheard of for this zip code. This charming fixer offers the chance to build equity for first time home buyers or investors alike. Located in the desirable community of Altadena, this charming property features 2 bedrooms and 1 bathroom, offering a blank canvas for those looking to create their dream space. As you approach the home a large covered deck acts as an extension of the interior, shaded by a huge tree. Inside, you'll find a cozy living area that invites you to envision the potential this space holds. The kitchen, offers a functional layout with ample room for improvement and both bedrooms provide comfortable space and natural light. The backyard is a hidden gem, offering a peaceful retreat with plenty of potential for landscaping and outdoor entertaining. Situated on a private drive in a quiet neighborhood, this property is also within blocks of local hot spots like Pizza of Venice, The Good Neighbor Bar, Little Red Hen, and Public Displays of Altadena. Whether you're looking for access to local parks, hiking trails, vibrant community amenities, or the chance to build equity, with a little creativity this house is the one you've been looking for. Don’t miss this opportunity to invest in your future—schedule a viewing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.91
Remaining Loan Term
20 years, 6 months
Monthly PITI
$1,351.49/mo
Estimated Loan Balance
$227,030
Cash to close
$422,097
Interest Paid
$73,441

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Decorative
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Private
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: 1927
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Foothills
HOA
  • Has HOA: No
Location
  • Region: Altadena

Financial Details

  • Price per Sqft: $822.8
  • Tax Annual Amount: $
  • On Market Date: 2024-10-12T00:00:00.000Z
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 $422,097 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $422,097!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$176,903
Your Cash:$422,097
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$1,030/mo
Traditional @ 7.5%
$1,528/mo
You save $498/month ($5,978/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PF24211292

Listing From:

Last updated: 2024-11-20T21:27:56.000Z

© , 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

3.91%
7.15%

Principal & Interest

$1,030 /mo
$1,474 /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 $422,097 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $422,097!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$176,903
Your Cash:$422,097
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$1,030/mo
Traditional @ 7.5%
$1,528/mo
You save $498/month ($5,978/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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