Under ContractSingleFamilyResidence

1059 N Hicks Ave

Los Angeles, CA, 90063

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$600,000

Original list price: $650,000

MLS: CV26109170

Beds

3

Baths

2

Sq Ft

1,280

Lot

0.11 ac

Year Built

1925

MLS #

CV26109170

Days on Market

24

Listed

May 19, 2026

Description

ATTN PIRCE REDUCED!!!! Looking for an affordable 3-bedroom home in Los Angeles with some upside potential? Put in some sweat equity, make smart upgrades, and create long-term value for yourself? 1059 N Hicks Ave offers that opportunity in a central location south of the 10 Freeway near Cal State LA in City Terrace, with access to DTLA, Echo Park, and the San Gabriel Valley. This 1925 single-family home offers 3 bedrooms, 2 baths, approximately 1,280 square feet, and a 4,706 square-foot lot. Original inlay wood floors, a beamed ceiling, a bright layout, DTLA views, spacious bedrooms, a walk-in closet, patio and yard space, perimeter fencing, and an electronic gate. A large basement adds flexible space for storage, work, hobbies, or future reimagining. Attn investor buyers, Los Angeles County Planning indicated that, based on a quick review, the property is zoned C-2 and the existing single-family residence may qualify for 1 attached ADU, 1 junior ADU, and 1 detached ADU, subject to verification, permits, and County approval. For the right live-in buyer, this can be a chance to build equity while restoring and improving a home with real upside.

Location

Los Angeles, Los Angeles County, CA 90063

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Listed by: Hector Aguilar · EXP REALTY OF CALIFORNIA INC

Payment estimate

$4,553

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $60,000 · Loan: $540,000

%

Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,403
Property tax (1.25%)
$625
Homeowners insurance
$300
Mortgage insurance
$225
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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 Jun 18, 2026

30-year fixed
6.47%
15-year fixed
5.81%

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 $21,000 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.