Ari Jakobov

Ari Jakobov

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$1,050,000

($534,752 down)
FHA

3511 E 2nd Street, Los Angeles, CA 90063

3
2
2,211 sqft
PITI Monthly
$4,453 /mo

Listing courtesy of: Nathan Mahoney, Nathan Mahoney, Broker

Assumed Rate

3.7%
7.15%

Principal & Interest

$2,651 /mo
$3,890 /mo

What's Special

DINING
SPACIOUS
PUBLIC TRANSPORTATION
HISTORIC
CHARMING
EFFICIENT
INCOME POTENTIAL
RENTAL INCOME

Charming Craftsman Home with Income-Generating Back Unit in Boyle Heights Welcome to 3511 E. 2nd St, a beautifully maintained Craftsman-style home in the heart of Boyle Heights. This unique property offers two separate living spaces, perfect for multi-generational living or rental income. The main house features 3 spacious bedrooms and 2 bathrooms, showcasing classic Craftsman details such as built-in cabinetry, wood trim, and a welcoming front porch. The open-concept living and dining areas boast abundant natural light and timeless character, while the kitchen provides ample counter space and storage for all your culinary needs. At the rear of the property, you’ll find a versatile 2-car garage with ample storage space, making it perfect for parking, a workshop, or extra storage. With its generous layout and existing structure, this space presents an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion, offering additional living space or rental income potential. Whether you need a secure place for your vehicles or are looking to maximize the property’s value, this garage is a fantastic asset! Attached to the garage is a 2-bedroom, 1-bathroom unit, ideal for extended family, guests, or as a potential income-generating rental. The layout is efficient and inviting, offering comfortable living while maintaining privacy from the main house. Located in the vibrant Boyle Heights neighborhood, this home is just minutes from DTLA, public transportation, local shops, and great dining options. With its versatile layout, historic charm, and investment potential, this is a rare opportunity you don’t want to miss!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$4,453/mo
Estimated Loan Balance
$555,044
Cash to close
$534,752
Interest Paid
$106,272

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: WholeHouseFan
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1953
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $474.9
  • Tax Annual Amount: $13125
  • On Market Date: 2025-04-04T00:00:00.000Z
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 $534,752 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $534,752!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$515,248
Your Cash:$534,752
Total Purchase Price:$1,050,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$2,651/mo
Traditional @ 7.5%
$4,035/mo
You save $1,384/month ($16,610/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25073795

Listing From:

Last updated: 2025-04-04T23:48:38.000Z

© , 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

3.7%
7.15%

Principal & Interest

$2,651 /mo
$3,890 /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 $534,752 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $534,752!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$515,248
Your Cash:$534,752
Total Purchase Price:$1,050,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$2,651/mo
Traditional @ 7.5%
$4,035/mo
You save $1,384/month ($16,610/year)

*Secondary financing rates are an estimated value based on input

Follow Us
eXp Realty
Agent/Broker
Ari JakoboveXp Realty(602) 500-9874ari@jakobovgroup.comMLS SA699624000

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