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They say location is everything, but with 449 E Market. . . there's so much more! This large and beautifully renovated East End Long Beach legal 2 family home is perfect for investment or for finding your own spot in Long Beach! FULLY renovated from top to bottom, inside and out, 449 E Market provides upper and lower units (both rented at the moment and performing), each with 3 large bedrooms (6 total), 1. 5 bathrooms (4 total) including primaries with en-suite half bathrooms, in-unit laundry for each unit, gorgeous eat-in-kitchens with granite counter tops and updated appliances, oversized living room and dining areas, updated flooring and lighting, ample storage and closets as well as attic space. . . the list just keeps going on and on. A large private backyard is well manicured and fenced in with newer PVC fencing making it ideal for hosting or just hanging out! A huge driveway also makes for easy parking for at least 3 vehicles. . . but street parking is never difficult in this area of town either! Separate meters for each units make for the easy handling of utility bills by each floor. Additionally, this home has had its utilities upgraded and replaced within the last couple of years as well as the entire roof! Whole house water filtration system? Check! Elevation certificate? Check (keep those costs down!). 449 E Market truly has everything you're looking for in your new Long Beach property. Close an convenient to all including schools, shops and transit. . . and even the beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $879,999 | $879,999 | $879,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $1,307 | $1,307 | $1,307 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,997 | $5,635 | $7,426 |
Total Monthly Payment | $6,429 | $7,067 | $8,858 |
* 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.