Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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Active

$998,000

($125,899 down)
FHA

6362 Arbutus Avenue, Huntington Park, CA 90255

N/A
N/A
sqft
PITI Monthly
$7,482.05 /mo

Listing courtesy of: Roxana Perkinson, Big Block Powerhouse Realty

Assumed Rate

6.96%
7.15%

Principal & Interest

$5,823 /mo
$5,935 /mo

What's Special

REMODELED
SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
INVESTMENT OPPORTUNITY

This property is located at 6362 Arbutus Ave in the city of Huntington Park. The property consists of 2 units. The front unit house is very spacious and has 5 bedrooms and 2 bathrooms, a large remodeled kitchen with granite countertops, lots of natural light and hardwood flooring. There is an additional unit in the back that was built in 2019 1 bedroom, 1 bath, living room, and kitchen;it is in excellent conditions. This unit was built in accordance to city permits and is in compliance with the square footage as per ASSESORS office. Newly built unit has own entrance through the alley with plenty of parking space. Ample backyard enough to park various cars and plenty of room for kids to play .This would be the perfect home for a large family or a very good investment opportunity as a residential income property. Property is not subject to Los Angeles Rent Control Laws(RSO). It is located in a family friendly neighborhood close to Elementary schools, Middle schools, HP senior high school all within a couple miles radius. It is also located near Pacific Blvd shops that offers a variety of shopping options. There are plenty of grocery stores and shopping centers nearby. DON'T miss the opportunity on is amazing unit opportunity. Bring your buyers ! Property is currently inhabited by tenants but will be delivered vacant at the close of Escrow. For any additional questions contact listing agent.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.96
Remaining Loan Term
29 years, 3 months
Monthly PITI
$7,482.05/mo
Estimated Loan Balance
$873,617
Cash to close
$125,899
Interest Paid
$45,719

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: SeeRemarks
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
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: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1927
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Park
HOA
  • Has HOA: No
Location
  • Region: Huntington Park

Financial Details

  • Price per Sqft: $998,000
  • Tax Annual Amount: $12475
  • On Market Date: 2025-04-18T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $125,899 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $125,899!

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

Loan Breakdown

Assumed Mortgage6.96% Sellers Rate
$872,101
Your Cash$125,899
Total Purchase Price:$998,000

Assumed vs Traditional Mortgage

Assumed @ 6.96%
$5,823/mo
Traditional @ 7.15%
$6,157/mo
You save $334/month ($4,004/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25086161

Listing From:

Last updated: 2025-04-22T22:41:10.000Z

© , 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

$5,823 /mo
$5,935 /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 $125,899 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $125,899!

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

Loan Breakdown

Assumed Mortgage6.96% Sellers Rate
$872,101
Your Cash$125,899
Total Purchase Price:$998,000

Assumed vs Traditional Mortgage

Assumed @ 6.96%
$5,823/mo
Traditional @ 7.15%
$6,157/mo
You save $334/month ($4,004/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Jeanne(Kerry) DavidsonHomeSmart(602) 826-3697kerry@myagent.netMLS BR631128000

© 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 HomeSmart 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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