$649,500
Original list price: $650,000
MLS: CV26045917
Beds
—
Baths
—
Sq Ft
1,252
Lot
0.12 ac
Year Built
1924
MLS #
CV26045917
Days on Market
198
Listed
Mar 2, 2026
Description
Excellent Investment Opportunity – Two Units on One Lot Located at 145 W 109th Street in Los Angeles, this property presents a prime value-add opportunity for both investors and owner-users. Featuring two detached units on a single lot, the front unit will be delivered vacant at the close of escrow, offering immediate occupancy or rental potential. The front unit includes 2 bedrooms, while the rear unit offers a 1-bedroom layout—ideal for generating dual income or accommodating extended living arrangements. The property primarily requires cosmetic updates, providing a clear path to increase value and maximize returns. The roof is approximately 5 years old, adding peace of mind for future ownership. Conveniently situated near major freeways, schools, shopping, and dining, this location supports strong rental demand and long-term growth. A great opportunity to reposition and capitalize on upside potential.
Location
Los Angeles, Los Angeles County, CA 90061
Open on Google Maps ↗Listed by: Alex Avilez · TOP PRODUCERS REALTY PARTNERS
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
$5,236
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $64,950 · Loan: $584,550
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,015
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
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 $22,733 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 90061 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
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