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Investor Opportunity: Assumable 2.25% FHA Loan + Seller Financing Purchase Price: $900,000 Assumable Loan: Existing FHA loan at 2.25% interest rate (subject to lender approval) Seller Financing: Seller is willing to carry back up to $120,000, with no payments for the first 12 months Property Highlights: Buyer will receive one 2-bedroom unit delivered vacant at closing $30,000 tenant buyout included in deal to secure vacancy Remaining two units are occupied and generate $2,736 in monthly rent Property is governed by the Los Angeles Rent Stabilization Ordinance (RSO) Located within a high-growth area near 2028 Olympic venuesPlease do not disturb tenants. Interior inspection of units only upon accepted offer.
| DAYS ON MARKET | 236 | LAST UPDATED | 5/15/2025 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | C36 - Metropolitan Southwest |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to May 9, '25 | $900,000 |
|---|---|
| May 9, '25 - May 15, '25 | $850,000 |
| May 15, '25 - Today | $900,000 |
| ADDITIONAL DETAILS | |
| AREA | C36 - Metropolitan Southwest |
|---|---|
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 5110 sq ft |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| STORIES | 1 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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