Dan Kaercher

Dan Kaercher

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Closed

$2,600,000

($2,017,260 down)
VA

2823 Montcalm Avenue, Los Angeles, CA 90046

2
3
2,395 sqft
PITI Monthly
$2,807.11 /mo

Listing courtesy of: Mahsheed Parsons, Mahsheed Parsons

Assumed Rate

2.83%
7.15%

Principal & Interest

$2,590 /mo
$4,242 /mo

What's Special

MODERN
FLEX SPACE
BALCONY

Incredible opportunity to own rare mid-century gem in the Hollywood Hills. Be transported back in time as you enter this private and gated Mid-Century Pool Home in the Hollywood Hills. As Hollywood was transitioning from the vintage glamour of the 1930's and 1940's, to what would become commonly known as the "mid-century" design aesthetic. Ludwig Gluskin (a prominent band leader who worked with Orson Wells and George Burns) would enlist architect Harry B Aarens to design a modern home on a special piece of property in the Hollywood Hills. Hidden above the street, this unique home sits on a 27,684 sq/ft property and offers panoramic views from the Hollywood sign to the Griffith Park Observatory and beyond. Lined with double height walls of glass in the living room, accentuating the best of Southern California's indoor-outdoor living. The primary bedroom occupies the entire second level and has large balcony to take in the one of kind views. Downstairs is a generous sized room that can act as a great flex space. Complete with classic sparkling kidney shaped swimming pool to complete the mid-century vibe. Public records have the home as 2 bedrooms. The garage has been converted bonus room. Perfect for office, art studio, rec-room, podcasting, or anything creative. Build your own Modern Midcentury dream home.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,807.11/mo
Estimated Loan Balance
$585,160
Cash to close
$2,017,260
Interest Paid
$65,324

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Dual
  • Heating: Central
Features
  • Materials: Brick, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: BonusRoom, Kitchen, LivingRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Privacy, StuccoWall
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: InGround

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: MidCenturyModern
Materials
  • Brick, WoodSiding
  • Roof: Composition, Shingle
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $1,085.59
  • Tax Annual Amount: $
  • On Market Date: 2024-06-06T00:00:00.000Z
Inquire about this property

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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 $2,017,260 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $2,017,260!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$582,740
Your Cash:$2,017,260
Total Purchase Price:$2,600,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,590/mo
Traditional @ 7.5%
$4,400/mo
You save $1,809/month ($21,711/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24400515

Listing From:

Last updated: 2024-12-05T03:44:28.000Z

© , 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

2.83%
7.15%

Principal & Interest

$2,590 /mo
$4,242 /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 $2,017,260 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $2,017,260!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$582,740
Your Cash:$2,017,260
Total Purchase Price:$2,600,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,590/mo
Traditional @ 7.5%
$4,400/mo
You save $1,809/month ($21,711/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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