Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

12966 Crowley

Arleta, CA, 91331

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$850,000

MLS: SB26016609

Beds

3

Baths

2

Sq Ft

1,140

Lot

0.17 ac

Year Built

1957

MLS #

SB26016609

Days on Market

45

Listed

Jan 23, 2026

Description

Dream Opportunity – Extra Income Property This well-maintained property offers strong current income with excellent upside potential. It includes a small auxiliary unit suitable for office use, plus additional income-producing units. The garage has been converted into a full studio generating and there is one additional one-bedroom unit . The units are occupied, who will vacate the premises at close of escrow or sooner,,m, providing flexibility for owner occupancy or investment use. The new owner may increase rents, subject to market conditions. The County of Los Angeles has recently shown increased flexibility regarding permitting for garage conversions. Buyers are encouraged to verify legalization and permit status directly with the city. The 2 addition do not have permits,, The main residence features three (3) bedrooms and two (2) bathrooms and is in good ,,, Up to $150,000 in down payment assistance program cut be available with L.A County, (subject to eligibility).. Zero down payment options available. FHA financing or up to $10,000 toward closing costs, subject to buyer qualification. Offers must include Proof of Funds and a per-approval letter with FICO scores. Buyer to conduct their own due diligence regarding all aspects of the property.

Location

Arleta, Los Angeles County, CA 91331

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Listed by: Isidora Rivera · Equity Smart Home Loans, Inc

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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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 Arleta home with as little as 3.5% down using an FHA loan — roughly $29,750 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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