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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$565,000

($225,002 down)
VA

4301 E 2nd Street UNIT 2E, Long Beach, CA 90803

1
1
882 sqft
PITI Monthly
$2,292.77 /mo

Listing courtesy of: Mary Grace Toia, Foundations

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,538 /mo
$2,470 /mo
$38,433 in interest paid off

What's Special

DINING
SPACIOUS
MODERN
BALCONY
PUBLIC TRANSPORTATION
Treat yourself to urban living at the beach in this modern mid-century security building built in 1965 at the corner of 2nd St and Bennett. This unusually
spacious 1 bedroom offers ample space and low maintenance. Enter through a private entry way that surprisingly opens to an open living space. Open
and airy floorplan boasting floor to ceiling sliding doors and lots of windows. Just open the doors and windows and enjoy the ocean breeze. As with the
time, era and design you can enjoy an all-electric, updated cook's kitchen with a breakfast bar and separate dining. The ample sized bedr... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,292.77/mo
Estimated Loan Balance
$342,069
Cash to close
$225,002
Interest Paid
$38,433

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Electric
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SewerTapPaid
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 4
  • Home type: Condominium
  • Architectural Style: MidCenturyModern
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $295
  • HOA Frequency: $Monthly
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $640.59
  • Tax Annual Amount: $7062.5
  • On Market Date: Aug 22, 2024
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Savings Calculator

Current cash to close is $225,002 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$
0%20%50%

You cover the entire equity of $225,002!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$339,998
Your Cash$225,002
Total Purchase Price:$565,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,538/mo
Traditional @ 7.15%
$2,562/mo
You save $1,024/month ($12,292/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 24431193

Listing From:

Last updated: Jan 19, 2025 11:49pm

© 2025, 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

2.98%
7.15%

Principal & Interest

$1,538 /mo
$2,470 /mo
$38,433 in interest paid off
Inquire about this property
​
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​
​
​

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 $225,002 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$
0%20%50%

You cover the entire equity of $225,002!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$339,998
Your Cash$225,002
Total Purchase Price:$565,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,538/mo
Traditional @ 7.15%
$2,562/mo
You save $1,024/month ($12,292/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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