ActiveSingleFamilyResidence

142 W 85th Street

Los Angeles, CA, 90003

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$499,000

MLS: 26833685

Beds

2

Baths

1

Sq Ft

1,144

Lot

0.12 ac

Year Built

1912

MLS #

26833685

Days on Market

0

Listed

May 13, 2026

Description

FIXER UPPER Look at This charming 2-bedroom, 1-bath home is located in an amazing neighborhood and offers incredible potential. MOVE IN ASAP. The property sits on a generously sized lot, zoned LAC2, opening the door to development or expansion opportunities (buyer to verify). Features include: Detached garage ideal for a possible ADU conversion. Spacious yard perfect for entertaining, gardening, or future development, situated in a highly desirable area with strong appeal.

Location

Los Angeles, Los Angeles County, CA 90003

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Listed by: Christopher Jones · eXp Realty of Greater Los Angeles

Payment estimate

$3,807

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%
Principal & Interest
$2,800
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
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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 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

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 $17,465 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.