1272 W Court Street
Los Angeles, CA, 90026
$1,000,000
MLS: P1-25362
Beds
2
Baths
1
Sq Ft
1,250
Lot
0.16 ac
Year Built
1890
MLS #
P1-25362
Days on Market
1
Listed
Jan 8, 2026
Description
Redevelop the site or renovate existing home on an approx. 7,000 SF lot in an emerging pocket just west of Downtown Los Angeles. The R4(CW)-75/3-0 zoning (400 SF of land per dwelling unit, 75' height limit, 3.0 FAR) offers broad flexibility and excellent redevelopment potential. Surrounded by neighborhood amenities, restaurants, and transit options, the property is well-suited for investors pursuing ground-up multifamily construction, a value-add renovation, or a custom long-term hold. A rare urban infill opportunity in a high-demand, rapidly improving submarket. Assemblage Potential - Adjacent parcels (1274 & 1276 W Court St) are available to create a larger combined 0.48-acre development site. See offering memorandum and inquire with agent. Don't miss this opportunity!Current tenant scheduled to vacate by June 1, 2026
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: Roger Phillips · Keller Williams Realty
Payment estimate
$7,246
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $900,000
- Principal & Interest
- $5,530
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 $35,000 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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