Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1067 N Wilton

Los Angeles, CA, 90038

1 / 23View all 23 photos

$1,249,999

MLS: PW26032625

Beds

7

Baths

2

Sq Ft

3,014

Lot

0.10 ac

Year Built

1923

MLS #

PW26032625

Days on Market

2

Listed

Feb 12, 2026

Description

Prime Hollywood Opportunity! Welcome to this expansive 7-bedroom property in the heart of Hollywood, offering over 3,000 square feet of endless potential. Whether you’re an investor, entrepreneur, creative visionary or have a big family looking for space in the city this home is a rare find. The flexible layout is perfect for duplex conversion, co-living, or renting out individual rooms for strong income potential. The spacious lower level includes a large open area ideal for a studio, content space, or private event rental a true live/work opportunity. Just minutes from Larchmont Village, Hollywood Blvd, Melrose Avenue, Paramount Studios, Universal Studios and Griffith Park, you’re surrounded by the very best of LA’s culture, shopping, and entertainment. This is a dream setup for creators, investors, and families alike offering both lifestyle and long-term value in one of LA’s most iconic neighborhoods. Live. Create. Earn. All in the heart of Hollywood.

Location

Los Angeles, Los Angeles County, CA 90038

Open on Google Maps ↗

Listed by: Richard Valderrama Calle · The Dara Group Inc.

Payment estimate

$8,983

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $125,000 · Loan: $1,124,999

%
Principal & Interest
$6,912
Property tax (1.25%)
$1,302
Homeowners insurance
$300
Mortgage insurance
$469
Open the full calculator →

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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $43,750 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.

Local Market Stats

See Los Angeles, CA 90038 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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access