Dan Kaercher

Dan Kaercher

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Closed

$1,270,000

($157,737 down)
FHA

466 Vine Street, Glendale, CA 91204

2
2
1,392 sqft
PITI Monthly
$10,202.9 /mo

Listing courtesy of: LAMA ALJARMAKANI, Sandro Bononi, Broker

Assumed Rate

7.46%
7.15%

Principal & Interest

$7,864 /mo
$7,626 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
CHARMING
COZY
INVESTMENT OPPORTUNITY

**Prime Investment Opportunity: Multi-Family Property in Glendale** Exceptional investment opportunity in the desirable suburbs of Glendale. This well-maintained, family-owned multi-family property offers significant value-add potential for the savvy investor. The Vine property features two charming units: The first unit features 1 bedroom, 1 bathroom, a bonus room that can serve as an office or playroom, a full kitchen, a cozy living room with a fireplace, a dining area, and a private porch. - The second unit is 700 sq. ft. and has 1 bedroom, 1 bathroom, a full kitchen, a living room with a fireplace, a dining area, and a private porch. Both units are designed for maximum comfort and functionality. **Key highlights:** - Central HVAC - Tankless water heaters - Shared laundry facilities - Ample parking - Newly painted and new flooring The spacious garage can be converted into an ADU (Accessory Dwelling Unit), potentially adding a third unit. The rear property includes a grass area perfect for BBQs and entertaining, enhancing its appeal. Don’t miss this rare chance to acquire a value-add multi-family asset in one of Glendale’s top neighborhoods.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.46
Remaining Loan Term
28 years, 8 months
Monthly PITI
$10,202.9/mo
Estimated Loan Balance
$1,124,020
Cash to close
$157,737
Interest Paid
$111,666

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Kitchen, LivingRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
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: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1922
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Glendale

Financial Details

  • Price per Sqft: $912.36
  • Tax Annual Amount: $15875
  • On Market Date: 2024-06-14T00:00:00.000Z
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 $157,737 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $157,737!

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

Loan Breakdown

Assumed Mortgage7.46% Sellers Rate
$1,112,263
Your Cash$157,737
Total Purchase Price:$1,270,000

Assumed vs Traditional Mortgage

Assumed @ 7.46%
$7,864/mo
Traditional @ 7.5%
$7,911/mo
You save $46/month ($556/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24111560

Listing From:

Last updated: 2024-09-09T21:41:39.000Z

© , 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

7.46%
7.15%

Principal & Interest

$7,864 /mo
$7,626 /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 $157,737 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $157,737!

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

Loan Breakdown

Assumed Mortgage7.46% Sellers Rate
$1,112,263
Your Cash$157,737
Total Purchase Price:$1,270,000

Assumed vs Traditional Mortgage

Assumed @ 7.46%
$7,864/mo
Traditional @ 7.5%
$7,911/mo
You save $46/month ($556/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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