$839,000
MLS: DW26127089
Beds
—
Baths
—
Sq Ft
2,397
Lot
0.11 ac
Year Built
1909
MLS #
DW26127089
Days on Market
125
Listed
Jun 10, 2026
Description
NEW OWNER CAN USE AS AN INVESTMENT. CAN SET MARKET RENTS FROM DAY ONE. SELLER SAY LET'S GET IT SOLD! SELLER IS WORKING WITH ONE OF THE TENANT TO BE CASH FOR KEYS. Exceptional opportunity to own a well-maintained duplex in a prime Central Los Angeles location. Situated at 1060 W 51st Place, this versatile property offers approximately 2,397 square feet of living space and is currently being used as a 2 UNITS PLUS ADU (VACANT PROPERTY) providing added flexibility and income potential. The property is configured with ONE 3-bedroom, 2-bath unit and ONE 2-bedroom, 1-bath unit AND ADU studio, making it ideal for both investors and owner-users. The current 2-unit use offers multiple income streams and the flexibility for multi-generational living or an owner-occupant to live in one unit while renting out the others. Located in a rapidly developing area, the property is within close proximity to BMO Stadium, the Los Angeles Memorial Coliseum, the University of Southern California (USC), the California Science Center. Convenient access to the 110, 10, and 105 freeways provides easy connectivity throughout Los Angeles. Excellent opportunity to acquire a flexible, income-producing property in a high-demand rental market with continued growth and development.
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Fredy Hernandez · Stellabode Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,717
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $83,900 · Loan: $755,100
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,228
- Property tax (1.25%)
- $874
- Homeowners insurance
- $300
- Mortgage insurance
- $315
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $29,365 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 90037 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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