1119 Albany Street 137
Los Angeles, CA, 90015
$330,000
Original list price: $350,000
MLS: 26847849
Beds
2
Baths
1
Sq Ft
797
Lot
3.38 ac
Year Built
1983
MLS #
26847849
Days on Market
58
Listed
Jun 12, 2026
Description
Investors opportunity or Perfect Project for a Savvy Buyer. Located in the heart of Downtown Los Angeles, just moments from LA.live, Cripto.com Arena, restaurants, entertainment, and major freeways. This unique condo has lots of potential and it offers incredible potential. Currently configured as a 2bedrooms layout but legally registered as 1bedroom + a den and 1.3 bath residence. This unit provides flexibility for a variety of living arrangements. Unit includes, a spacious private patio, 2 assigned parking spots, gated community, amenities, and guarded. The unit could benefit from updating and cosmetic improvements, making it an excellent opportunity for investors, flippers, or conventional buyers looking to customize their own urban retreat.
Location
Los Angeles, Los Angeles County, CA 90015
Open on Google Maps ↗Listed by: Lydia Miranda · Coldwell Banker Envision
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
$3,312
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $33,000 · Loan: $297,000
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,915
- Property tax (1.25%)
- $344
- Homeowners insurance
- $300
- Mortgage insurance
- $124
- HOA dues
- $630
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $11,550 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 90015 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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