Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1121 S Serrano Avenue

Los Angeles, CA, 90006

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$1,399,000

MLS: 26646045

Beds

2

Baths

1

Sq Ft

840

Lot

0.14 ac

Year Built

1900

MLS #

26646045

Days on Market

9

Listed

Feb 1, 2026

Description

Vacant single family home in a desirable Mid-Wilshire/Koreatown location. Features 2 bed/1bath with approximately 900 sqft of main living space. R4 zoning, excellent opportunity for investors, developers or owner-users seeking value-add potential. Basement area and converted garage offer additional flexible space; permite status unknown and not included in reported sqft. Conveniently located near Olympic Blvd., Western Avenue, shopping, dining, and major freeways. Property is sold AS-IS. Buyer to verify all information to their satisfaction.

Location

Los Angeles, Los Angeles County, CA 90006

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Listed by: Ch. (Linda) Tumen · HST Properties, Inc.

Payment estimate

$10,018

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100

%
Principal & Interest
$7,736
Property tax (1.25%)
$1,457
Homeowners insurance
$300
Mortgage insurance
$525
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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 $48,965 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 90006 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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