142 W 59th
Los Angeles, CA, 90003
$700,000
MLS: CV26121562
Beds
3
Baths
2
Sq Ft
1,474
Lot
0.12 ac
Year Built
1912
MLS #
CV26121562
Days on Market
13
Listed
Jun 3, 2026
Description
Opportunity knocks! This charming property offers incredible potential for homeowners, investors, or developers looking to add value. While the home could benefit from some cosmetic updates, it features a solid foundation and endless possibilities to make it your own. Situated on a generous lot, the property may offer the opportunity to add an additional unit (buyer to verify all zoning, permits, and development possibilities with the appropriate city agencies). Whether you’re looking to renovate, expand, or create additional income potential, this is a rare chance to unlock significant upside in a desirable Los Angeles location. Don’t miss this value-add opportunity!
Location
Los Angeles, Los Angeles County, CA 90003
Open on Google Maps ↗Listed by: Matthew Meza · CENTURY 21 MASTERS
Payment estimate
$5,282
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $630,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,990
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $263
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 $24,500 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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