Michael Rizzo

Michael Rizzo

Property SearchContact
primary-1
primary-2primary-3
Active

$889,000

($282,269 down)
FHA

6567 5th Avenue, Los Angeles, CA 90043

3
2
1,174 sqft
PITI Monthly
$4,579.58 /mo

Listing courtesy of: Joel Meyer, Real Broker

Assumed Rate

3.34%
7.15%

Principal & Interest

$2,960 /mo
$4,543 /mo

What's Special

REMODELED
LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MODERN
RENOVATED
MASTER SUITE
HOME OFFICE
FENCED YARD

Stunning Remodeled Home with Guest Unit & Studio in Prime Los Angeles Location! Welcome to this beautifully renovated gem nestled in the heart of Los Angeles. This stylish single-level home offers 3 bedrooms and 2 bathrooms in the main house, plus a versatile detached guest unit adjacent to the 1-car garage—currently converted into a fully soundproof studio, perfect for creatives or remote work. Step inside to a bright, inviting living room that effortlessly connects to the dining area and spacious modern kitchen. The front bedroom features a private bath, ideal as a master suite. A second en-suite bedroom provides great flexibility—perfect for a second master, guest room, or shared living arrangement. The third bedroom is well-suited for a child’s room, home office, or additional guest space. Enjoy peace of mind with numerous recent upgrades including a newer roof, updated plumbing and electrical, HVAC system, tankless water heater, new appliances (range, microwave, dishwasher, washer & dryer), garage door, rain barrels, and more. The low-maintenance landscaping, fully fenced yard, and gated access offer privacy and the perfect backdrop for entertaining or relaxing outdoors. Tucked away on a quiet street, this home is ideally located near the new Metro rail line, SoFi Stadium, and the lively Crenshaw corridor—offering easy access to shopping, dining, and entertainment. Don’t miss this unique opportunity to own a move-in-ready home with modern amenities and incredible versatility!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.34
Remaining Loan Term
25 years, 4 months
Monthly PITI
$4,579.58/mo
Estimated Loan Balance
$608,000
Cash to close
$282,269
Interest Paid
$99,927

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $757.24
  • Tax Annual Amount: $11112.5
  • On Market Date: 2025-04-09T00:00:00.000Z
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 $282,269 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $282,269!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$606,731
Your Cash$282,269
Total Purchase Price:$889,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$2,960/mo
Traditional @ 7.15%
$4,712/mo
You save $1,752/month ($21,019/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25072792

Listing From:

Last updated: 2025-04-17T15:18:54.000Z

© , 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

3.34%
7.15%

Principal & Interest

$2,960 /mo
$4,543 /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 $282,269 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $282,269!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$606,731
Your Cash$282,269
Total Purchase Price:$889,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$2,960/mo
Traditional @ 7.15%
$4,712/mo
You save $1,752/month ($21,019/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Michael RizzoHomeSmart(602) 790-2804MikeRizzo@HSMove.comMLS SA539236000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than HomeSmart are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

HomeSmart © is committed to and abides by the Fair Housing Act of Equal Opportunity.