ActiveSingleFamilyResidence

123 E 108th Street

Los Angeles, CA, 90061

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$549,900

MLS: DW25219591

Beds

3

Baths

2

Sq Ft

878

Lot

0.12 ac

Year Built

1929

MLS #

DW25219591

Days on Market

180

Listed

Sep 17, 2025

Description

Great opportunity for owner-user or investor, house sits on a good size lot (Zoning LAR2). This 3-bedroom, 2-bath home offers endless possibilities for renovation or redevelopment adding instant value. With strong bones and a classic layout, this property is ready for your creative touch. Whether you're looking to restore it and live in it or for resale, rental income, long-term investment, the location and lot size make it an excellent opportunity. Easy access to major freeways makes commuting a breeze. Sold in as-in condition; seller did not live in this home and makes no representation or warranties regarding condition. Don't miss out on this one!!!

Location

Los Angeles, Los Angeles County, CA 90061

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Listed by: Jose Leon · Pak Home Realty

Payment estimate

$4,120

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $54,990 · Loan: $494,910

%
Principal & Interest
$3,041
Property tax (1.25%)
$573
Homeowners insurance
$300
Mortgage insurance
$206
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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 Los Angeles home with as little as 3.5% down using an FHA loan — roughly $19,247 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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