Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

1116 S Barrington Avenue

Los Angeles, CA, 90049

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$1,150,000

MLS: 26655251

Beds

2

Baths

1

Sq Ft

895

Lot

0.08 ac

Year Built

1920

MLS #

26655251

Days on Market

7

Listed

Mar 11, 2026

Description

Prime Development Opportunity in Brentwood! Investors and developers rare chance to secure one of the lowest-priced SFRs in this coveted Brentwood pocket. Zoned R4, this property offers exceptional upside for development or repositioning as a high-performing income asset. The detached garage presents strong ADU potential, creating a possible two-unit setup for immediate or future cash flow. Surrounded by multi-million-dollar properties and just moments from San Vicente and Montana's boutiques and cafs, plus close to UCLA, Century City, Sawtelle, and the 405 the location supports premium resale and rental demand. This is a strategic acquisition in one of LA's most supply-constrained, high-demand neighborhoods. Developers and visionaries bring your plans and inspiration.

Location

Los Angeles, Los Angeles County, CA 90049

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Listed by: Judy-Lynne Deane · Real Broker

Payment estimate

$8,288

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000

%
Principal & Interest
$6,359
Property tax (1.25%)
$1,198
Homeowners insurance
$300
Mortgage insurance
$431
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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 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 $40,250 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 90049 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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