131 W 84th Street
Los Angeles, CA, 90003
$580,000
MLS: PW26144515
Beds
3
Baths
2
Sq Ft
1,248
Lot
0.12 ac
Year Built
1981
MLS #
PW26144515
Days on Market
21
Listed
Jul 6, 2026
Description
Value - Investor Special on an R2 Lot. Attention investors and developers! Don't miss this prime value-add opportunity in South LA. Situated on a spacious 5,400 sq ft lot with highly desirable R2 zoning, this 1981-built single-family home features a 3-bedroom, 2-bathroom layout with tremendous upside potential. It is the perfect project for a seasoned investor looking to reposition an asset. Since the property needs renovation, there is a clear path to significantly increase equity and maximize returns by eventually transitioning the property, completing the necessary upgrades, capturing true market rent, or exploring future development possibilities on the R2 lot.
Location
Los Angeles, Los Angeles County, CA 90003
Open on Google Maps ↗Listed by: Robert Sterling · Redfin Corporation
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
$4,449
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $58,000 · Loan: $522,000
Average 30-yr fixed rate 6.58% as of Jul 23, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,327
- Property tax (1.25%)
- $604
- Homeowners insurance
- $300
- Mortgage insurance
- $218
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 23, 2026
- 30-year fixed
- 6.58%
- 15-year fixed
- 5.96%
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 $20,300 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 90003 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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