$1,180,000
Original list price: $1,200,000
MLS: SR26166344
Beds
—
Baths
—
Sq Ft
3,105
Lot
0.15 ac
Year Built
2018
MLS #
SR26166344
Days on Market
83
Listed
Jul 31, 2026
Description
Wow Wow!! Come check out this Modern Luxury Duplex Built in 2018 – Prime City Terrace Investment Opportunity! Welcome to 1125-1127 Van Pelt Avenue, a rare opportunity to own a beautifully constructed duplex built in 2018, offering the perfect combination of modern design, strong investment potential, and exceptional owner-user appeal. Each spacious residence features 3 bedrooms, 2 bathrooms, expansive open-concept living areas, soaring ceilings, abundant natural light, designer kitchens with oversized center islands, quartz countertops, custom cabinetry, and contemporary finishes throughout. Luxury vinyl flooring, recessed lighting, spacious bedrooms, updated bathrooms, and in-unit laundry create comfortable, modern living rarely found in today's multifamily market. Step outside onto private balconies overlooking a peaceful, tree-lined greenbelt, providing a serene setting that feels worlds away while remaining minutes from Downtown Los Angeles, USC Keck Medical Center, Cal State LA, major freeways, shopping, restaurants, and public transportation. Built in 2018, this newer construction offers the benefits buyers are looking for, including modern systems, lower maintenance, energy-efficient construction, and years of worry-free ownership compared to older income properties. Whether you're an investor looking to add a quality asset to your portfolio or an owner-occupant hoping to offset your mortgage with rental income, this turnkey duplex presents an outstanding opportunity in one of East Los Angeles' most convenient locations.
Location
City Terrace, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: Ramon Rascon · RE/MAX One
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
$9,267
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $118,000 · Loan: $1,062,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,295
- Property tax (1.25%)
- $1,229
- Homeowners insurance
- $300
- Mortgage insurance
- $443
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 City Terrace home with as little as 3.5% down using an FHA loan — roughly $41,300 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 90063 (City Terrace)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90063 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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