1219 E 57th Street
Los Angeles, CA, 90011
$980,000
Original list price: $1,025,000
MLS: 26867287
Beds
8
Baths
4
Sq Ft
2,734
Lot
0.12 ac
Year Built
2009
MLS #
26867287
Days on Market
81
Listed
Aug 1, 2026
Description
Excellent investment opportunity in South Los Angeles! Not subject to Los Angeles City Rent Control. This recently remodeled duplex features two spacious townhouse-style units, each offering 4 bedrooms and 2 bathrooms. Both units are currently rented, providing immediate rental income. The property offers functional layouts, updated interiors, and plenty of on-site parking. The lot may also offer potential for additional development or ADUs (2 units). Buyer and buyer's agent must independently investigate and verify all zoning, permits, ADU eligibility, development possibilities, rents, square footage, and property information with the appropriate governmental agencies and professionals. A strong income-producing opportunity with remodeled units, desirable bedroom counts, ample parking, and potential for future growth.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: Michael Hananel · Strategic Growth Real Estate
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
$7,795
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $98,000 · Loan: $882,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,107
- Property tax (1.25%)
- $1,021
- Homeowners insurance
- $300
- Mortgage insurance
- $368
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 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $34,300 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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Local Market Stats
See Los Angeles, CA 90011 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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