Bobi Hernandez

Bobi Hernandez

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Active

$1,899,000

($103,506 down)
VA

4985 Comanche Drive, La Mesa, CA 91942

8
4
2,844 sqft
PITI Monthly
$12,332.9 /mo

Listing courtesy of: Frank Karako, LPT Realty, Inc.

Assumed Rate

4.99%
7.15%

Principal & Interest

$10,055 /mo
$12,665 /mo

What's Special

LOCATION
SHOPPING
RENOVATED
HISTORIC

4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY featuring highly desirable location, unit mix, and low maintenance building offer potential to acquire this impressive asset with unique upside. Unit mix includes 2 units @ 3BR/1BA & 2units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add up to 4additional ADU units on this lot (ADU feasibility study completed & available). Onsite community laundry room provides additional income opportunity. Recently renovated units feature highly desirable quartz countertops, stainless appliances, and premium flooring. Convenient to tons of shopping, multiple light rail stations (green and orange lines), bus stops, and I-8 freeway. Close toSan Diego State, Grossmont College, and Grossmont Hospital. Minutes from popular Cowles Mountain and Lake Murray and less than 15 miles to the beach! Downtown San Diego is only 10 miles and University City’s “Golden Triangle” major employment hub is only 15 miles—both of which are conveniently accessed by light rail in addition to multiple freeway commuting options. Enjoy reduced maintenance and operational expenses. Loan assumptions are easier than ever before and closing in near record times! Inquire for more details on how loan assumptions are dominating this market. Effectively go back in time by assuming the current loan at the historically low interest rate with low gap and profit from substantially expedited principal pay down and lower interest expenses and enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.99
Remaining Loan Term
27 years, 4 months
Monthly PITI
$12,332.9/mo
Estimated Loan Balance
$1,798,070
Cash to close
$103,506
Interest Paid
$244,666

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 8
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: Unknown
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: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Quadruplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: La Mesa

Financial Details

  • Price per Sqft: $667.72
  • Tax Annual Amount: $23737.5
  • On Market Date: 2025-04-15T00:00:00.000Z
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 $103,506 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $103,506!

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

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$1,795,494
Your Cash$103,506
Total Purchase Price:$1,899,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$10,055/mo
Traditional @ 7.15%
$13,137/mo
You save $3,082/month ($36,988/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2502672

Listing From:

Last updated: 2025-04-15T23:16:26.000Z

© , 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

4.99%
7.15%

Principal & Interest

$10,055 /mo
$12,665 /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 $103,506 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $103,506!

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

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$1,795,494
Your Cash$103,506
Total Purchase Price:$1,899,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$10,055/mo
Traditional @ 7.15%
$13,137/mo
You save $3,082/month ($36,988/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.comMLS

© 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 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.

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