$554,998
($190,901 down)505 S Lorena Street, Los Angeles, CA 90063
PITI Monthly
Listing courtesy of: Manuel Amaya, Excellence RE Real Estate, Inc.
Assumed Rate
2.96%
7.15%Principal & Interest
$1,643 /mo
$2,646 /moWhat's Special
****UPDATE*** PROPERTY WILL NOW BE DELIVERED VACANT!***Situated near cultural landmarks such as El Pino, Mariachi Plaza, and 5 Puntos Market, the home is surrounded by the rich heritage of Los Angeles. It is close to local amenities like Hollenbeck Park and various community centers, providing easy access to recreational activities and neighborhood events. Local schools include Lorena Street Elementary, Breed Street Elementary, and Hollenbeck Middle School, all of which are within proximity. This property is well-positioned for those looking to live in Boyle Heights. This 2-bedroom, 1-bathroom home, built in 1906, is approximately 774 sq. ft. of living space on a 3,750 sq. ft. lot. It features a classic stucco exterior,a raised foundation, and a composition shingle roof. This property includes a spacious backyard suitable for gardening or outdoor gatherings and is in a desirable zoning district.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 3 months
Monthly PITI
$2,659.46/mo
Estimated Loan Balance
$370,722
Cash to close
$190,901
Interest Paid
$41,774
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Cooling & Heating
- Cooling: None
- Heating: WallFurnace
Features
- Materials: Stucco
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Laminate, Tile, Vinyl
Exterior
Fencing
- Fencing: WroughtIron
Roof
- Roof: Shingle
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: SingleFamilyResidence
- Architectural Style: Craftsman
Materials
- Stucco
- Roof: Shingle
Condition
- Year Built: 1906
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: Gutters, StreetLights, Sidewalks
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial Details
- Price per Sqft: $717.05
- Tax Annual Amount: $6937.48
- On Market Date: 2024-10-18T00:00:00.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: MB24216611
Listing From:
Last updated: 2025-03-08T19:42:48.000Z
© , 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
2.96%
7.15%Principal & Interest
$1,643 /mo
$2,646 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $190,901!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
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