1429 W 62nd
Los Angeles, CA, 90047
$599,000
MLS: RS26222438
Beds
3
Baths
2
Sq Ft
1,233
Lot
0.12 ac
Year Built
1927
MLS #
RS26222438
Days on Market
11
Listed
Oct 13, 2026
Description
Attention Cash Buyers and Developers: Complete fixer-upper sitting on a sprawling 5,353 sq ft lot in a rapidly appreciating South LA pocket. The existing 3-bed, 1.5-bath, 1,233 sq ft structure is a blank canvas ready for a full gut and reimagining. The expansive backyard is the perfect play for a garage-to-ADU conversion or a new detached build to maximize cash flow or resale value. Spanish style home with tons of charecteristics and charm. Come bring this one back and restore it's character. Centrally located with quick access to the 110, 105, and 10 freeways. Minutes from SoFi Stadium, USC, and the major retail/development corridors sweeping through Inglewood and South LA.
Location
Los Angeles, Los Angeles County, CA 90047
Open on Google Maps ↗Listed by: Adrian Cafuentes · PAK Home Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,852
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,703
- Property tax (1.25%)
- $624
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $20,965 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 90047 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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