Dan Kaercher

Dan Kaercher

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Closed

$989,000

($147,527 down)
FHA

940 E 43rd Place, Los Angeles, CA 90011

N/A
N/A
sqft
PITI Monthly
$6,274.88 /mo

Listing courtesy of: Joshua Glaz, The Ave

Assumed Rate

6.72%
7.15%

Principal & Interest

$5,460 /mo
$5,703 /mo

What's Special

INVESTORS
REMODELED
SHOPPING
DINING
SPACIOUS
MODERN
LUXURY
PUBLIC TRANSPORTATION
RENTAL INCOME
INVESTMENT OPPORTUNITY

Welcome to 940 E 43rd Pl, Los Angeles, CA 90011! This beautifully remodeled property offers a unique investment opportunity with a front stand-alone home and a detached duplex, all delivered vacant. The front house is fully upgraded with modern finishes, featuring 3 bedrooms and 2 bathrooms. Step into luxury with brand new everything—kitchen, bathrooms, flooring, and fixtures! The detached duplex includes two spacious units, each with 3 bedrooms and 1 bathroom. One unit is located on the upper level and the other on the lower level, offering flexibility for rental income or extended family living. Centrally located in a prime Los Angeles neighborhood, this property is within walking distance to schools, and close to shopping, dining, and public transportation options. Perfect for both investors and owner-occupiers alike, don't miss this rare opportunity! Owner-occupied but will be delivered vacant, ready for your vision.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.72
Remaining Loan Term
29 years, 1 months
Monthly PITI
$6,274.88/mo
Estimated Loan Balance
$844,423
Cash to close
$147,527
Interest Paid
$51,787

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
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: 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: Triplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StormDrains, StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $989,000
  • Tax Annual Amount: $
  • 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 $147,527 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $147,527!

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

Loan Breakdown

Assumed Mortgage6.72% Sellers Rate
$841,473
Your Cash$147,527
Total Purchase Price:$989,000

Assumed vs Traditional Mortgage

Assumed @ 6.72%
$5,460/mo
Traditional @ 7.5%
$5,916/mo
You save $456/month ($5,470/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW24185259

Listing From:

Last updated: 2024-12-05T05:04:35.000Z

© , 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

6.72%
7.15%

Principal & Interest

$5,460 /mo
$5,703 /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 $147,527 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $147,527!

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

Loan Breakdown

Assumed Mortgage6.72% Sellers Rate
$841,473
Your Cash$147,527
Total Purchase Price:$989,000

Assumed vs Traditional Mortgage

Assumed @ 6.72%
$5,460/mo
Traditional @ 7.5%
$5,916/mo
You save $456/month ($5,470/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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