Cliff Pickett

Cliff Pickett

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Active

$1,150,000

($436,627 down)
FHA

8627 John Ave, Los Angeles, CA 90002

N/A
N/A
sqft
PITI Monthly
$6,683.92 /mo

Listing courtesy of: Adrian Gonzalez, Century 21 Allstars

Assumed Rate

7.07%
7.15%

Principal & Interest

$4,854 /mo
$4,893 /mo

What's Special

REMODELED
SPACIOUS
MODERN
CHARMING

Introducing a charming multi-family residence that's as versatile as it is inviting! Nestled in a vibrant Los Angeles neighborhood, this property offers two distinct living units, each with their own character and appeal. The front unit has been remodeled in 2015 With a newer Roof in 2024, reflects modern living standards, boasting 3 spacious bedrooms and 2 well-appointed bathrooms. Embrace the comfort of the well designed primary bedroom. Step into the Second unit (8631) to discover a fresh, two story newly built (2023) ADU space featuring 4 bedrooms and 3 bathroom - perfect for Living or as a rental opportunity. Both units have their own Electric and Gas Meter. Both units have their own washer and dryer hookups. Each unit provides ample living space with modern finishes that are sure to impress. With a Long Drive way and a Large two car Garage for ample Parking. Just around the corner from daily conveniences and public transit, living here means you're always connected. Ideal for anyone looking for a smart property investment or a lovely home with an extra unit for extended family or additional income, this charming property awaits to welcome you with open arms and endless possibilities. Come and see why life at this delightful residence is not just a living space, but a place to truly live!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 6 months
Monthly PITI
$6,683.92/mo
Estimated Loan Balance
$714,020
Cash to close
$436,627
Interest Paid
$76,284

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1928
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Urban
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $1,150,000
  • Tax Annual Amount: $14375
  • On Market Date: 2025-04-07T00:00:00.000Z
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 $436,627 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $436,627!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$713,373
Your Cash$436,627
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$4,854/mo
Traditional @ 7.15%
$5,075/mo
You save $221/month ($2,658/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25072299

Listing From:

Last updated: 2025-04-08T13:47:01.000Z

© , 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

7.07%
7.15%

Principal & Interest

$4,854 /mo
$4,893 /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 $436,627 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $436,627!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$713,373
Your Cash$436,627
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$4,854/mo
Traditional @ 7.15%
$5,075/mo
You save $221/month ($2,658/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Pink Realty
Agent/Broker
Cliff PickettPink Realty(719) 659-4073rockhomescos@gmail.comMLS FA100043147

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Pink Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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