Jeremy Fierstein

Jeremy Fierstein

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$850,000

($75,972 down)
FHA

3206 W 59th Street, Los Angeles, CA 90043

4
3
1,053 sqft
PITI Monthly
$6,627.75 /mo

Listing courtesy of: Janeth Pazmino, Keller Williams SELA

Assumed Rate

6.96%
7.15%

Principal & Interest

$5,168 /mo
$5,268 /mo

What's Special

INVESTORS
REMODELED
SPACIOUS
MODERN
RENOVATED
PET-FRIENDLY
INCOME POTENTIAL

Unique Opportunity! Remodeled 4-Bedroom, 3-Bath Home Designed as 2 Independent Units + Potential for a Third – Perfect to Live In & Rent Out! Attention large families and savvy investors: this property is more than just a home it's a rare opportunity strategically designed to generate income from day one. Located in a convenient area with quick access to major freeways, shops, and schools, this fully renovated property offers: Main Home: 2 spacious bedrooms and 2 fully remodeled bathrooms with modern finishes and functionality. Open-concept Kitchen: Brand new cabinets, quartz countertops, an oversized breakfast bar, and smart layout ideal for daily living and entertaining. New flooring, fresh interior and exterior paint, modern lighting, a newer A/C unit, and updated plumbing and electrical systems. What truly sets this home apart is its versatile design with multiple living spaces and strong income potential Detached Studio Unit with a full bathroom perfect for long- or short-term rental, a private office, or guest space. Detached 2-Car Garage with a new electric gate, featuring an additional room with a full bathroom and permits ready to be converted into a third income-generating unit. The exterior also offers key features like a fruit tree in the front yard, RV parking access, and a fully fenced lot – ideal for families with children and pets. Pet-friendly, versatile, and packed with proven rental potential, this property is perfect for comfortable living while building wealth through real estate. Located in a high-demand area, this is the perfect blend of home and investment. Schedule your tour today and don't miss out on this unique market opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.96
Remaining Loan Term
29 years, 3 months
Monthly PITI
$6,627.75/mo
Estimated Loan Balance
$774,703
Cash to close
$75,972
Interest Paid
$40,578

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: CopperPlumbing
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Clay, Concrete, RolledHotMop, SpanishTile, Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Contemporary, Mediterranean, Modern
Materials
  • CopperPlumbing
  • Roof: Clay, Concrete, RolledHotMop, SpanishTile, Tile
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $807.22
  • Tax Annual Amount: $10625
  • On Market Date: 2025-04-03T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $75,972 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $75,972!

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

Loan Breakdown

Assumed Mortgage6.96% Sellers Rate
$774,028
Your Cash$75,972
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 6.96%
$5,168/mo
Traditional @ 7.5%
$5,464/mo
You save $296/month ($3,554/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25072688

Listing From:

Last updated: 2025-04-11T01:55:38.000Z

© , 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

6.96%
7.15%

Principal & Interest

$5,168 /mo
$5,268 /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 $75,972 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $75,972!

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

Loan Breakdown

Assumed Mortgage6.96% Sellers Rate
$774,028
Your Cash$75,972
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 6.96%
$5,168/mo
Traditional @ 7.5%
$5,464/mo
You save $296/month ($3,554/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Realty One Group
Agent/Broker
Jeremy FiersteinRealty One Group(480) 620-7363jeremy@elevate48.comMLS SA652937000

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