1405 W 2nd
Los Angeles, CA, 90026
$1,150,000
MLS: DW26086412
Beds
3
Baths
3
Sq Ft
1,387
Lot
0.13 ac
Year Built
1901
MLS #
DW26086412
Days on Market
6
Listed
Apr 24, 2026
Description
This prime real estate opportunity features a sprawling approx. 5,629 SF lot zoned R4(CW) that is strategically positioned in a rapidly appreciating "emerging pocket" just west of Downtown Los Angeles. This property is perfect if you are looking to execute a high-yield ground-up development, the property’s versatile footprint caters to a variety of investment strategies. Located in a high-walkability corridor, the property is surrounded by a rich mix of local dining favorites, essential neighborhood amenities, and streamlined transit options, making it a magnet for future tenants. This is a standout prospect for developers pursuing multifamily housing, creative investors seeking a custom long-term hold, or those looking to capitalize on the proximity to the DTLA tech and entertainment hubs.
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: Alvaro Al Santillan · Century 21 Allstars
Payment estimate
$8,478
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000
- Principal & Interest
- $6,549
- Property tax (1.25%)
- $1,198
- Homeowners insurance
- $300
- Mortgage insurance
- $431
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $40,250 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.
Similar Homes Nearby
Active and pending listings in ZIP 90026 (Los Angeles)within ±10% of this home's price and size.
(No photos yet)
$1,135,000
2152 Clifford Street
Los Angeles, 90026
$1,150,000
1316 Allesandro
Los Angeles, 90026
$1,199,000
843 Laveta Terrace
Echo Park, 90026
(No photos yet)
$1,199,000
1307 Micheltorena Street
Los Angeles, 90026
(No photos yet)
$1,199,000
1625 Montana Street
Los Angeles, 90026
$1,239,000
1706 Morton Avenue
Los Angeles, 90026
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.