1205 W 57th
Los Angeles, CA, 90037
$779,999
MLS: IN26059483
Beds
3
Baths
2
Sq Ft
1,220
Lot
0.08 ac
Year Built
1938
MLS #
IN26059483
Days on Market
1
Listed
Mar 18, 2026
Description
Discover a meticulously reimagined 2-bedroom, 2-bathroom residence, thoughtfully updated to blend modern sophistication with practical versatility, complete with a convenient 1-car garage. This property stands out with its invaluable advantage: it is fully permitted for conversion into an Accessory Dwelling Unit (ADU), offering a clear pathway to substantially enhance its value, functionality, and income-generating capabilities. The primary living spaces have undergone an extensive transformation, showcasing a gourmet kitchen that is a true culinary haven, boasting contemporary design . This home offers easy access to some of Southern California's most iconic destinations. You'll find yourself just moments away from the esteemed University of Southern California (USC), the world-class SoFi Stadium, the vibrant Crypto.com Arena, and the bustling cultural and business hub of Downtown Los Angeles (DTLA). This location provides unparalleled convenience for work, education, entertainment, and a dynamic lifestyle. Great income potential, the 2 beds on Airbnb generates $4000 monthly, Studio $1500. BRING YOUR SAVY INVESTOR.
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Samuel Williams · HOME TEAM REALTY
Payment estimate
$5,718
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,000 · Loan: $701,999
- Principal & Interest
- $4,313
- Property tax (1.25%)
- $812
- Homeowners insurance
- $300
- Mortgage insurance
- $292
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 $27,300 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.
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