1023 De Garmo Drive
Los Angeles, CA, 90063
$525,000
MLS: MB26077698
Beds
2
Baths
1
Sq Ft
606
Lot
0.17 ac
Year Built
1938
MLS #
MB26077698
Days on Market
5
Listed
Apr 23, 2026
Description
Investor opportunity near Downtown Los Angeles with significant upside potential. This 2-bedroom, 1-bath home sits on a good-sized lot with front and back yard space, a one-car garage, and a basement, offering multiple value-add possibilities. Property is a fixer and ideal for investors, flippers, or developers looking to renovate, expand, or reposition. The lot layout may allow for additional square footage (buyer to verify with city), making it a strong candidate for increased returns. Enjoy beautiful views and a prime location with close proximity to Downtown Los Angeles, major freeways, shopping, and dining. Rare chance to acquire a property with expansion potential in a high-demand area.
Location
Los Angeles, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: SERGIO TAFOLLA · CENTURY 21 REALTY MASTERS
Payment estimate
$4,033
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
- Principal & Interest
- $2,990
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $18,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90063 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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