Dan Kaercher

Dan Kaercher

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Closed

$1,049,400

($614,449 down)
FHA

6648 Whitman Avenue, Lake Balboa, CA 91406

4
3
2,144 sqft
PITI Monthly
$4,325.93 /mo

Listing courtesy of: Lilach Depas, Equity Union

Assumed Rate

4.24%
7.15%

Principal & Interest

$2,591 /mo
$3,561 /mo

What's Special

INVESTORS
REMODELED
DESIRED
SPACIOUS
MODERN
RENOVATED
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
PRIVATE BACKYARD
CUL-DE-SAC
EFFICIENT
RENTAL INCOME

Income-Generating Opportunity in Lake Balboa with Fully Permitted ADU! Discover this beautifully remodeled property in a peaceful Lake Balboa cul-de-sac, offering 4 bedrooms and 3 bathrooms in total, including a 1-bedroom, 1-bathroom ADU that’s perfect for generating rental income. The main residence features 3 spacious bedrooms and 2 updated bathrooms, highlighted by a newly renovated kitchen with granite countertops, stainless steel appliances, and a walk-in pantry. The home is equipped with new recessed lighting, refinished laminate wood flooring, a modern electrical panel, and energy-efficient windows. A luxurious remodeled bathroom, new copper plumbing, and a tankless water heater ensure comfort and efficiency. Outside, enjoy a private backyard oasis surrounded by lush bamboo trees and artificial grass, with ample space to add a pool if desired. The fully permitted ADU (6646 WHITMAN) includes its own kitchen, living room, and a private side entrance, adding flexibility and excellent rental potential. This property is a rare opportunity for homeowners and investors alike, combining charm, modern convenience, and income-generating possibilities. Seller is open to considering a lease option for the property. Please contact for additional details.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.24
Remaining Loan Term
20 years, 10 months
Monthly PITI
$4,325.93/mo
Estimated Loan Balance
$445,289
Cash to close
$614,449
Interest Paid
$187,357

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

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: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1957
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Lake
HOA
  • Has HOA: No
Location
  • Region: Lake Balboa

Financial Details

  • Price per Sqft: $489.46
  • Tax Annual Amount: $13117.5
  • On Market Date: 2024-10-21T00:00:00.000Z
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 $614,449 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $614,449!

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

Loan Breakdown

Assumed Mortgage4.24% Sellers Rate
$434,951
Your Cash:$614,449
Total Purchase Price:$1,049,400

Assumed vs Traditional Mortgage

Assumed @ 4.24%
$2,591/mo
Traditional @ 7.5%
$3,694/mo
You save $1,103/month ($13,239/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24207931

Listing From:

Last updated: 2025-02-05T18:24:26.000Z

© , 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

4.24%
7.15%

Principal & Interest

$2,591 /mo
$3,561 /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 $614,449 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $614,449!

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

Loan Breakdown

Assumed Mortgage4.24% Sellers Rate
$434,951
Your Cash:$614,449
Total Purchase Price:$1,049,400

Assumed vs Traditional Mortgage

Assumed @ 4.24%
$2,591/mo
Traditional @ 7.5%
$3,694/mo
You save $1,103/month ($13,239/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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