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Closed
Closed

$425,000

($320,214 down)
FHA

5870 Benner Street UNIT 102, Los Angeles, CA 90042

1
1
555 sqft
PITI Monthly
$1,765.66 /mo

Listing courtesy of: Lisa Lorentson, Coldwell Banker Realty

Assumed Rate

4.25%
7.15%

Principal & Interest

$1,026 /mo
$1,409 /mo
$137,472 in interest paid off

What's Special

LOCATION
SHOPPING
DINING
BALCONY
LANDSCAPED
This wonderful, one bedroom, one bath condo is nestled in the heart of Highland Park's Arroyo Seco Village, an oasis in the middle of the bustling city.
The living area of this home features natural light through the sliding door leading out to the balcony. The bedroom is abundantly sized with a large
closet. In addition to the ample cabinetry in the condo, there is extra storage space in the garage, in front of the tandem two-car parking space,
conveniently located just in front of the condo. This complex offers everything you need for peaceful living. The grounds are artfully land... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.25
Remaining Loan Term
10 years, 1 months
Monthly PITI
$1,765.66/mo
Estimated Loan Balance
$114,056
Cash to close
$320,214
Interest Paid
$137,472

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: ChainLink, Security
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Hiking, Urban, Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Allstate HOA Management
  • HOA Amenities: Unknown
  • HOA Fee: $490
  • HOA Frequency: $Monthly
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $765.77
  • Tax Annual Amount: $5312.5
  • On Market Date: Jul 19, 2024
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Savings Calculator

Current cash to close is $320,214 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
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0%20%50%

You cover the entire equity of $320,214!

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

Loan Breakdown

Assumed Mortgage4.25% Sellers Rate
$104,786
Your Cash:$320,214
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 4.25%
$1,026/mo
Traditional @ 7.15%
$1,461/mo
You save $435/month ($5,222/year)

*Secondary financing rates are an estimated value based on input

MLS ID: P1-18568

Listing From:

Last updated: Aug 17, 2024 05:39pm

© 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

4.25%
7.15%

Principal & Interest

$1,026 /mo
$1,409 /mo
$137,472 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 $320,214 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$
0%20%50%

You cover the entire equity of $320,214!

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

Loan Breakdown

Assumed Mortgage4.25% Sellers Rate
$104,786
Your Cash:$320,214
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 4.25%
$1,026/mo
Traditional @ 7.15%
$1,461/mo
You save $435/month ($5,222/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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