Gino Zabala

Gino Zabala

Property SearchContact
primary-1
primary-2primary-3
Pending

$875,000

($780,429 down)
FHA

630 E Bixby Road, Long Beach, CA 90807

2
1
1,097 sqft
PITI Monthly
$2,296.44 /mo

Listing courtesy of: Nicolas Romo, Realty Connection Group

Assumed Rate

6.25%
7.15%

Principal & Interest

$1,025 /mo
$1,125 /mo

What's Special

MODERN
CHARMING
COZY

. Welcome to your future home at 630 E Bixby Rd, Long Beach! This charming 2-bedroom, 1-bathroom single-family residence offers 1,097 sqft of cozy living space on a 3,855 sqft lot. Priced at $875,000, this property is an excellent opportunity for first-time homebuyers, especially given the competitive market where the median sold price is $1,315,000. With a floor furnace for heating and a two-car garage, this home combines functionality with comfort. Built in 1940, it features classic architectural details that add character while providing a solid foundation for modern upgrades. The current market shows a low inventory of just 1.23 months, indicating strong demand and the potential for value appreciation. With homes selling for an average of 103.44% over their list price, this property stands out as a smart investment in a desirable neighborhood. Don’t miss your chance to make this lovely home your own! Don’t miss the opportunity to make this beautiful house your new home. Schedule a tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.25
Remaining Loan Term
10 years, 5 months
Monthly PITI
$2,296.44/mo
Estimated Loan Balance
$95,628
Cash to close
$780,429
Interest Paid
$168,475

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: FloorFurnace
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1940
Details
  • Builder:

Community & HOA

Community
  • Subdivision: California Heights (CH)
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $797.63
  • Tax Annual Amount: $10937.5
  • On Market Date: 2025-02-26T00:00:00.000Z
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 $780,429 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $780,429!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$94,571
Your Cash:$780,429
Total Purchase Price:$875,000

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$1,025/mo
Traditional @ 7.5%
$1,167/mo
You save $141/month ($1,696/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25040097

Listing From:

Last updated: 2025-04-04T19:51:33.000Z

© , 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

6.25%
7.15%

Principal & Interest

$1,025 /mo
$1,125 /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 $780,429 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $780,429!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$94,571
Your Cash:$780,429
Total Purchase Price:$875,000

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$1,025/mo
Traditional @ 7.5%
$1,167/mo
You save $141/month ($1,696/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Real Brokerage
Agent/Broker
Gino ZabalaReal Brokerage(623) 552-1225ginozabalarealestate@gmail.comMLS SA712685000

Powered By UMe.

© 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 Real Brokerage 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

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