Features and Amenities at 416 E 51 St Street E

* BRAND NEW CONSTRUCTION * This higher-end, spacious property has three total units comprised of (3) duplexes. Each unit is a 3Bd /2 Bth. This beautiful property is conveniently located minutes away from USC, the Colosseum, Staple Center and Downtown LA, not to mention all the other universities in the area. Gorgeous inside and out, all units are a home owner's or renter's dream. The kitchen boasts modern white cabinets, quartz countertops, a marble mosaic backsplash and each unit has its own brand new stainless steel appliances including washer and dryer. . The beautiful wood laminate floors span throughout the house. Installed central AC and Heat make this a prime property in Los Angeles. The bathrooms feature the same modern shaker-style cabinetry as the kitchen, and the showers are fully tiled. This property has a total of 12 designated parking spots, which is a value in Los Angeles. Appliances included in unit for the use of the tenants are stove, dishwasher, microwave and washer/dryer. The property includes installation of LID' required rain gutters and infiltration for rain runoff capturing, minimal landscaping and energy efficient fixtures presenting the buyer with low maintenance costs. This total property is non-rent control, which supports the property to receive the highest of income. Newly constructed properties for sale in Los Angeles are a rarity, so the purchase of this property can be a great, low risk way to build wealth in this booming real estate market.
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Home Details

Bedroom(s)
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Bathroom(s)
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Square Footage
--
Price per SqFt
--
Lot Size
--
Stories
2
Property Type
House
Year Built
2017
MLS #
SB17184083
Neighborhood
Park Place
County
los angeles
Monthly Est. Mortgage
$10,772
Monthly Est. Insurance
$729
Monthly Property Tax
$2,084.00
Last Updated
09/23/2017

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Total Rooms
--
Garage SqFt
--
Year Updated
2017
Cooling System
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Heating System
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Heating Source
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Tax Year
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Tax Amount
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Price History

Date Event Change Price Source
08/25/2017 Price Reduction $-101,000 (-4.62%) $2,084,000 California Regional MLS
08/18/2017 Price Reduction $-264,000 (-10.78%) $2,185,000 California Regional MLS
08/09/2017 First Listed $2,449,000 California Regional MLS

Estimated Mortgage Rates

Mortgage Calculator

With a current price of $2,084,000 and a mortgage rate of 4.0%, someone purchasing 416 E 51st Street E, Los Angeles, CA , 90011 could expect to have a monthly payment of $10,772. This assumes a 20% down payment of $416,800 , a high credit score and a 30 year fixed-rate mortgage. You can use the mortgage calculator to estimate the monthly payment with different values.

Loan Amount
$1,667,200
$0
$2,084,000
Down Payment
20 %
0%
30%
Loan Term
30 years
0 years
40 years
Interest Rate
4 %
0%
7%
Homeowner Insurance
$729
$0
$1,000
Property Tax
1.2 %
1%
6%
Principal & Interest$7,959Insurance$729Taxes$2,084PMI$0Estimated Payment$10,772

Request Information

310-217-4015 LISTING AGENT
844-505-4874
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Listing Source:
California Regional MLS
Offered By:
EC Real Estate Enterprise, Inc
Office Phone:
310-217-4015
Last Change:
09/22/2017
Days on Site:
44

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