Dan Kaercher

Dan Kaercher

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Closed

$750,000

($189,965 down)
FHA

8912 Elizabeth Avenue, South Gate, CA 90280

2
1
888 sqft
PITI Monthly
$4,514.83 /mo

Listing courtesy of: Anna Petlevaya, Dreamstate Living

Assumed Rate

4.98%
7.15%

Principal & Interest

$3,106 /mo
$3,917 /mo

What's Special

INVESTORS
LOCATION
COZY
INVESTMENT OPPORTUNITY

Attention Builders/Investors! A rare opportunity offering endless potential in a prime location. Located just off Firestone Boulevard, currently a cozy 2-bedroom, 1-bathroom home, this structure comes with approved plans to transform it into three separate units! Currently the existing house is 888 Sq Ft. The total sq ft of the final triplex is 2,714 sq ft. making it an excellent investment opportunity for developers or those looking to expand their real estate portfolio. Don't miss your chance to invest in a growing neighborhood with high demand and plenty of promise.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$4,514.83/mo
Estimated Loan Balance
$566,177
Cash to close
$189,965
Interest Paid
$80,132

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: South Gate

Financial Details

  • Price per Sqft: $844.59
  • Tax Annual Amount: $9375
  • On Market Date: 2024-09-06T00:00:00.000Z
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 $189,965 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $189,965!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$560,035
Your Cash$189,965
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$3,106/mo
Traditional @ 7.5%
$4,063/mo
You save $957/month ($11,482/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24436651

Listing From:

Last updated: 2024-12-05T04:37:49.000Z

© , 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

4.98%
7.15%

Principal & Interest

$3,106 /mo
$3,917 /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 $189,965 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $189,965!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$560,035
Your Cash$189,965
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$3,106/mo
Traditional @ 7.5%
$4,063/mo
You save $957/month ($11,482/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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