Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

114 N Bonnie Beach Place

East Los Angeles, CA, 90063

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$1,900,000

MLS: CV25191293

Beds

1

Baths

1

Sq Ft

1,260

Lot

0.83 ac

Year Built

1946

MLS #

CV25191293

Days on Market

237

Listed

Aug 25, 2025

Description

Attention Builders, Developers, and Contractors! 114 N Bonnie Beach Place is a rare 36,290 sq. ft. hillside view property located in the heart of East Los Angeles. On title, the lot includes a 1 bedroom, 1 bathroom structure totaling 1,260 sq. ft., offering endless possibilities for redevelopment or expansion. This unique opportunity features dual access from both Bonnie Beach Place and 1st Street, increasing flexibility for future plans. With R2 zoning, the upside potential is substantial—whether for multifamily development, expansion, or creating a custom dream estate. Even more, adjoining parcels are also being offered separately, with the option to bundle for a combined 60,738 sq. ft. of land, making this a one-of-a-kind investment or development opportunity in East LA. Bring your vision—the possibilities are limitless!

Location

East Los Angeles, Los Angeles County, CA 90063

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Listed by: Eli Strickland · RE/MAX INNOVATIONS

Payment estimate

$13,498

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $190,000 · Loan: $1,710,000

%
Principal & Interest
$10,507
Property tax (1.25%)
$1,979
Homeowners insurance
$300
Mortgage insurance
$713
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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 East Los Angeles home with as little as 3.5% down using an FHA loan — roughly $66,500 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 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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