Elise Fay

Elise Fay

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$1,200,000

($303,362 down)
FHA

2020 Rosilla Place, Los Angeles, CA 90046

1
2
768 sqft
PITI Monthly
$7,615.09 /mo

Listing courtesy of: Andrew Robarge, Compass

Assumed Rate

6.42%
7.15%

Principal & Interest

$5,652 /mo
$6,090 /mo

What's Special

MODERN
RENOVATED
FIREPLACE
DECK
EFFICIENT

Nestled off Lookout Mountain Avenue, this cottage offers a private sanctuary with breathtaking panoramic canyon views. Renovated to the studs in 2019, it boasts meticulous attention to detail and energy efficiency.From the fireproof French standing seam metal roof and fiber cement siding with extra protective dense glass underlayment, to the high-efficiency split AC and heat system, upgraded modern 200 AMP electrical, copper plumbing, and a whole-home water filtration system, this home is equipped with the latest technology. The kitchen is a chef's dream, featuring carrera marble countertops, a Verona dual range, and a brass pot filler. The oversized double-paned Western and Milgard windows in the nearby living room flood the space with natural light, while a stylish marble gas fireplace adds ambiance. Conveniently tucked away in a corner is a Bosch washer and dryer, and a Rinnai tankless hot water heater provides efficient and limitless hot water.Step outside to a grassy area, perfect for stargazing, intimate conversations with friends, and soaking up the sun on the sundeck. After a long day, unwind in the new Jacuzzi spa before retiring to your Wonderland hideaway in the city.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.42
Remaining Loan Term
29 years, 6 months
Monthly PITI
$7,615.09/mo
Estimated Loan Balance
$898,334
Cash to close
$303,362
Interest Paid
$28,877

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Wood

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $1,562.5
  • Tax Annual Amount: $15000
  • On Market Date: 2025-04-04T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $303,362 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $303,362!

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

Loan Breakdown

Assumed Mortgage6.42% Sellers Rate
$896,638
Your Cash$303,362
Total Purchase Price:$1,200,000

Assumed vs Traditional Mortgage

Assumed @ 6.42%
$5,652/mo
Traditional @ 7.5%
$6,317/mo
You save $665/month ($7,982/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25521255

Listing From:

Last updated: 2025-04-05T01:51:56.000Z

© , 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

6.42%
7.15%

Principal & Interest

$5,652 /mo
$6,090 /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 $303,362 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $303,362!

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

Loan Breakdown

Assumed Mortgage6.42% Sellers Rate
$896,638
Your Cash$303,362
Total Purchase Price:$1,200,000

Assumed vs Traditional Mortgage

Assumed @ 6.42%
$5,652/mo
Traditional @ 7.5%
$6,317/mo
You save $665/month ($7,982/year)

*Secondary financing rates are an estimated value based on input

Follow Us
eXp Realty
Agent/Broker
Elise FayeXp Realty(602) 329-7782elise@elisefay.comMLS SA5401250000

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