Bobi Hernandez

Bobi Hernandez

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$799,000

($24,972 down)
FHA

3206 W 59th Street, Los Angeles, CA 90043

4
3
1,622 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

REMODELED
SHOPPING
SPACIOUS
MODERN
INCOME POTENTIAL
RENTAL INCOME
TURNKEY

Income-Generating Gem | Remodeled Home + Studio + Permitted Garage Room This fully remodeled property offers the ideal blend of modern living and strong income potential. Featuring a total of 4 bedrooms and 3 bathrooms across multiple permitted structures, it’s perfectly suited for multi-generational living, rental income, or flexible use. The main house includes 2 spacious bedrooms and 2 fully updated bathrooms, complemented by a brand-new open-concept kitchen with quartz countertops, new cabinetry, and an oversized breakfast bar. Additional improvements include new flooring, fresh interior and exterior paint, modern lighting, a newer A/C unit, and updated plumbing and electrical systems. A detached studio unit with a full bathroom offers excellent potential for short- or long-term rental, guest accommodations, or private office space. The detached 2-car garage features a new electric gate and includes an additional permitted room with a full bathroom ready for conversion into a third income-producing unit or ADU. The fully fenced lot includes RV parking access, a fruit tree in the front yard, and plenty of space for families and pets. Located in a desirable neighborhood with quick access to major freeways, shopping, and schools. Whether you are a homeowner seeking extra space or an investor looking for passive income, this property is turnkey and ready to perform. A rare opportunity to own a remodeled home with built-in rental potential from day one. Schedule your private tour today.

... 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
$24,972
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: $492.6
  • Tax Annual Amount: $9987.5
  • On Market Date: 2025-04-03T00:00:00.000Z
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 $24,972 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $24,972!

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

Loan Breakdown

Assumed Mortgage6.96% Sellers Rate
$774,028
Your Cash$24,972
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 6.96%
$5,168/mo
Traditional @ 7.15%
$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: 2025-04-29T05:34:32.000Z

© , 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 $24,972 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $24,972!

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

Loan Breakdown

Assumed Mortgage6.96% Sellers Rate
$774,028
Your Cash$24,972
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 6.96%
$5,168/mo
Traditional @ 7.15%
$5,464/mo
You save $296/month ($3,554/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.comMLS

© 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 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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