1258 E 126th
Los Angeles, CA, 90059
$549,000
MLS: PW26141723
Beds
3
Baths
1
Sq Ft
1,012
Lot
0.12 ac
Year Built
1942
MLS #
PW26141723
Days on Market
31
Listed
Jun 30, 2026
Description
Attention investors and developers! Don't miss this exceptional value-add opportunity in Los Angeles. Whether you're looking for your next fix-and-flip, a long-term rental, or a project with redevelopment potential, this property offers multiple exit strategies in a market with strong housing demand. The existing home provides a solid foundation for renovation while the lot offers potential for expansion, an ADU, or additional improvements, subject to buyer verification with the City of Los Angeles. Investors will appreciate the opportunity to add value through cosmetic updates, a full remodel, or repositioning the property to maximize resale or rental income. Current tenants are paying over market rents section 8 approved. Conveniently located near major freeways, public transportation, schools, shopping, and more this property is well positioned for both development and tenant demand. The surrounding area continues to experience ongoing investment and redevelopment, making this an attractive addition to any investment portfolio. Sold as-is development potential. Dont miss out on this opportunity.
Location
Los Angeles, Los Angeles County, CA 90059
Open on Google Maps ↗Listed by: Diego Clavel · Real Broker
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
$4,253
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $54,900 · Loan: $494,100
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,175
- Property tax (1.25%)
- $572
- Homeowners insurance
- $300
- Mortgage insurance
- $206
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
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 $19,215 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 90059 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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