Dan Kaercher

Dan Kaercher

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Active

$525,000

($164,904 down)
FHA

310 Gulf Avenue, Wilmington, CA 90744

N/A
N/A
sqft
PITI Monthly
$2,622.82 /mo

Listing courtesy of: Dennis Cid, Circle Real Estate

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,628 /mo
$2,686 /mo

What's Special

INVESTORS
REMODELED
MOVE-IN READY
WALKING TRAILS
WATERFRONT

This incredible duplex offers a fantastic opportunity for both first-time buyers and investors. The back unit has been completely remodeled, featuring brand-new subflooring, recessed lighting, and a ductless air conditioning unit for enhanced comfort. With its versatile layout, this property allows you to live in one unit while renting out the other, making it a smart investment. Located in a highly convenient area, this home offers easy access to the 405 and 110 freeways, making commutes a breeze. Plus, it’s just steps away from the beautiful Wilmington Waterfront Park, where you can enjoy scenic views, walking trails, and open green spaces. Move-in ready and thoughtfully updated, this duplex is a rare find that combines style, convenience, and potential. Don’t walk—RUN to this opportunity before it’s gone!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,622.82/mo
Estimated Loan Balance
$361,683
Cash to close
$164,904
Interest Paid
$44,645

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Ductless
  • Heating: SeeRemarks
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: 1
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1924
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Park
HOA
  • Has HOA: No
Location
  • Region: Wilmington

Financial Details

  • Price per Sqft: $525,000
  • Tax Annual Amount: $6562.5
  • On Market Date: 2025-03-12T00:00:00.000Z
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 $164,904 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $164,904!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$360,096
Your Cash$164,904
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,628/mo
Traditional @ 7.5%
$2,786/mo
You save $1,158/month ($13,900/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25052681

Listing From:

Last updated: 2025-03-17T01:29:37.000Z

© , 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

$1,628 /mo
$2,686 /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 $164,904 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $164,904!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$360,096
Your Cash$164,904
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,628/mo
Traditional @ 7.5%
$2,786/mo
You save $1,158/month ($13,900/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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