135 E 60th Street
Los Angeles, CA, 90003
$525,000
MLS: SB26117161
Beds
3
Baths
2
Sq Ft
1,288
Lot
0.12 ac
Year Built
1913
MLS #
SB26117161
Days on Market
8
Listed
Jun 8, 2026
Description
Opportunity knocks! This 3-bedroom, 2-bathroom home is being offered at an aggressive price and presents a unique opportunity for investors, builders, contractors, or buyers seeking a project with significant upside potential. The main residence is in move-in condition and offers a solid foundation for future improvements. However, the property also contains four unpermitted structures that, according to the City of Los Angeles, will need to be demolished. The buyer shall be solely responsible for conducting their own investigations and for satisfying any and all requirements, corrections, permits, fees, demolition costs, or compliance matters required by the City of Los Angeles after closing. The property will be delivered vacant at the close of escrow. Due to the property's current condition and code compliance issues, traditional financing may not be available. Cash offers or other non-traditional financing options are strongly encouraged. Please note: No wholesaler, assignment, double-close, or assignable contract offers will be considered. Buyer must close in their own name and perform under the terms of the purchase contract. An excellent opportunity for the right buyer to unlock the property's full potential. Buyers are advised to conduct all inspections and due diligence prior to submitting an offer.
Location
Los Angeles, Los Angeles County, CA 90003
Open on Google Maps ↗Listed by: Venus Martinez · Redfin Corporation
Payment estimate
$4,036
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,993
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
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 $18,375 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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