$945,000
MLS: PW26217372
Beds
—
Baths
—
Sq Ft
2,496
Lot
0.19 ac
Year Built
1998
MLS #
PW26217372
Days on Market
1
Listed
Oct 15, 2026
Description
Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot — that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled and vacant, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare — and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space — a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.
Location
Los Angeles, Los Angeles County, CA 90059
Open on Google Maps ↗Listed by: Miguel Valeriano Martine · Coldwell Banker 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
$7,527
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $94,500 · Loan: $850,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,889
- Property tax (1.25%)
- $984
- Homeowners insurance
- $300
- Mortgage insurance
- $354
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 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $33,075 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.
Similar Homes Nearby
Active and pending listings in ZIP 90059 (Los Angeles)within ±10% of this home's price and size.
$875,000
10952 Wilmington Avenue
Los Angeles, 90059
$900,000
11717 Holmes
Los Angeles, 90059
$910,000
1522 E 123rd
Los Angeles, 90059
$950,000
2106 E 113th
Los Angeles, 90059
$975,000
719 E Imperial Highway
Los Angeles, 90059
Local Market Stats
See Los Angeles, CA 90059 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.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.
