Under contract-accepting backup offers. CASH COW INVESTMENT PROPERTY!!! Lease out the back space to cover half your mortgage! Awesome deal!!
Welcome to your spacious multi-generational retreat! This exceptional property offers the perfect blend of comfort, versatility, and charm.
With a total of 5 bedrooms and 4 baths, including a detached ADU (Accessory Dwelling Unit), this home provides ample space for the whole family and more. The main house features 4 bedrooms and 3 baths, while the detached ADU boasts a separate 1-bedroom apartment upstairs, ideal for extended family members or guests.
Built in 1958 and spanning 3, 053 sqft, this residence exudes timeless appeal with modern conveniences. Step inside to discover a welcoming atmosphere, highlighted by an abundance of natural light and a thoughtfully designed layout.
The heart of the home is the well-appointed kitchen, complete with [highlight kitchen features, e. g. , granite countertops, stainless steel appliances], perfect for culinary enthusiasts and casual dining alike.
Entertain with ease in the spacious living areas, including a cozy family room with a fireplace and a formal dining room for special gatherings.
Outside, your own private oasis awaits. Lounge by the large pool enclosed in a screened enclosure, creating an inviting space for outdoor enjoyment year-round.
The detached ADU offers endless possibilities, featuring a 1-bedroom apartment upstairs and a generously sized storage room downstairs, complete with a bathroom and plumbing for a kitchen. Whether used as a guest suite, home office, or rental opportunity, this versatile space adds tremendous value to the property.
Conveniently located near major freeways, airports and most importantly the beach, offering easy access to major thoroughfares, this home provides the perfect combination of privacy and convenience.
Don't miss your chance to own this one-of-a-kind multi-generational home. Schedule a showing today and experience the endless possibilities that await you!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,720 | $340,720 | $340,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $618 | $618 | $618 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,267 | $2,265 | $2,921 |
Total Monthly Payment | $2,960 | $2,958 | $3,614 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.