$1,575,000
Original list price: $1,599,000
MLS: 26858621
Beds
4
Baths
3
Sq Ft
1,885
Lot
0.15 ac
Year Built
1935
MLS #
26858621
Days on Market
34
Listed
Jul 10, 2026
Description
1935 Character Home + Detached 2022 ADU. The Best of Miracle Mile Living. Discover the perfect blend of timeless character, modern convenience, and built-in income in one of Los Angeles' most sought-after neighborhoods. Originally built in 1935, this beautifully maintained Miracle Mile property offers a rare opportunity to enjoy a classic character home while benefiting from a fully independent, income-producing ADU tucked discreetly at the rear of the property. The inviting front residence features 3 bedrooms and 2 bathrooms, where vintage charm meets today's lifestyle. Rich hardwood floors, central heating and air conditioning, and a welcoming living room with a fireplace create a warm and comfortable atmosphere. A separate dining room opens to the private backyard, seamlessly connecting indoor and outdoor living spaces. The spacious kitchen features a cheerful breakfast nook and an adjacent laundry area. Designed for both entertaining and everyday enjoyment, the fully gated grounds offer exceptional privacy, a long driveway with generous tandem parking, a grassy backyard, an expansive wood deck for outdoor dining and gatherings, and an additional fenced side patio perfect for gardening, relaxing, or additional storage. Built in 2022, the detached ADU is far more than a guest house. Complete with its own address, separate gas and electric meters, private alley entrance, gated parking, outdoor patio, and dedicated laundry area, it lives as a completely independent residence. The approximately 558-square-foot 1-bedroom, 1-bathroom home is occupied by outstanding long-term tenants who have consistently paid $3,000 per month since January 2024, generating immediate and reliable income that can significantly offset your monthly ownership costs. Whether you're looking to live in the front home while generating passive income, accommodate extended family with complete privacy, or add a valuable asset to your real estate portfolio, this exceptional property offers flexibility that is increasingly difficult to find in today's market. Located in the heart of Miracle Mile, you'll enjoy easy access to neighborhood cafes, acclaimed restaurants, boutique shopping, local markets, LACMA, the Academy Museum, The Grove, Beverly Center, and the future Wilshire Metro station, placing some of Los Angeles' finest dining, culture, and entertainment just minutes from your doorstep.
Location
Los Angeles, Los Angeles County, CA 90019
Open on Google Maps ↗Listed by: Nick Mercado · Sotheby's International Realty
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
$11,650
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $157,500 · Loan: $1,417,500
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,119
- Property tax (1.25%)
- $1,641
- Homeowners insurance
- $300
- Mortgage insurance
- $591
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 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $55,125 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 90019 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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