1316 Allesandro
Los Angeles, CA, 90026
$1,050,000
Original list price: $1,150,000
MLS: DW26072000
Beds
2
Baths
2
Sq Ft
1,241
Lot
0.19 ac
Year Built
1903
MLS #
DW26072000
Days on Market
64
Listed
Apr 13, 2026
Description
Welcome to 1316 Allesandro St, a beautifully updated property offering exceptional value in today’s market. With a projected value of approximately $1.25M, this home is strategically priced at $1,150,000 to reflect its current condition and provide immediate upside for the right buyer. The property has already undergone key updates, creating a solid foundation for your final touches. Featuring a generous lot size for the area, this home offers excellent potential for expansion, outdoor enhancements, or maximizing long-term value. Important Note: The property is currently missing an electrical meter. Estimated cost to install a new meter is approximately $50,000 or less, making this a manageable improvement relative to the built-in equity. This is a cash-only opportunity, ideal for investors, developers, or savvy buyers looking to capitalize on a well-located asset with strong upside potential. Sold As-Is. Don’t miss your chance to secure a property with immediate equity and room to grow in a desirable Los Angeles location.
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: Ixbalanque Garcia · Won Suk Kim Real Estate, Inc.
Payment estimate
$7,773
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $105,000 · Loan: $945,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,985
- Property tax (1.25%)
- $1,094
- Homeowners insurance
- $300
- Mortgage insurance
- $394
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $36,750 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
See Los Angeles, CA 90026 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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