$599,999
Original list price: $699,999
MLS: PW26136385
Beds
—
Baths
—
Sq Ft
1,790
Lot
0.10 ac
Year Built
1993
MLS #
PW26136385
Days on Market
118
Listed
Jun 22, 2026
Description
This duplex presents a fantastic, stable investment opportunity in the heart of the Southeast Los Angele area. With two well-maintained 2-bedroom, 1-bathroom units, the property is fully occupied, providing immediate, consistent cash flow for any investor looking to skip the search for tenants and start earning from day one. The property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), offering owners significantly more flexibility in managing rental rates and property operations. Situated on a 4,484-square-foot lot with versatile LAR2 zoning, the property offers both long-term value and strategic growth potential. Residents enjoy a convenient lifestyle with excellent access to major freeways for an easy commute to Downtown LA, close proximity to local schools like Samuel Gompers Middle School, and nearby access to essential shopping, dining, and public transit.This property is perfectly suited for an investor or contractor eager to apply their expertise to a project with strong growth potential in a high-demand, non-RSO rental market.
Location
Los Angeles, Los Angeles County, CA 90061
Open on Google Maps ↗Listed by: Jasmine Griffin · Circle Real Estate
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
$4,859
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $60,000 · Loan: $539,999
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,709
- Property tax (1.25%)
- $625
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 90061 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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