Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

120 N Bonnie Beach Place

East Los Angeles, CA, 90063

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$850,000

MLS: CV25189890

Beds

5

Baths

3

Sq Ft

2,611

Lot

0.21 ac

Year Built

1908

MLS #

CV25189890

Days on Market

225

Listed

Aug 23, 2025

Description

Spacious 5-bedroom, 3-bath home offering 2,611 sq. ft. of living space on a generous 9,120 sq. ft. R2-zoned lot in East Los Angeles’ historic Home Acre Tract. Originally built in 1908, this residence combines timeless character with room to update and make your own. Home is currently split into 3 separate units Highlights include a flexible floor plan with large living areas, ample bedrooms, central heating, and a rare California basement for extra storage or workspace. The oversized lot provides opportunities for outdoor living, gardening, or potential development. This property is in need of renovation, making it an excellent opportunity for investors, developers, or buyers seeking a project with strong upside potential. Conveniently located near schools, shopping, and commuter routes, this home offers both value and possibility.

Location

East Los Angeles, Los Angeles County, CA 90063

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Listed by: Eli Strickland · RE/MAX INNOVATIONS

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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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 $29,750 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

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