$900,000
MLS: 26102487
Beds
4
Baths
4
Sq Ft
2,130
Lot
0.14 ac
Year Built
1922
MLS #
26102487
Days on Market
1
Listed
Oct 15, 2026
Description
Exclusive new 4-unit in Vermont Square near USC and Exposition Park. The Seller is offering seller carried financing for 2 years at 4.0% interest only and 25% down, producing an immediate cash-on-cash return of over 10.3%. At the Asking Price of $900k, this deal represents the lowest Price per unit for any 4-unit or Duplex sold in the 90062 zip code since Jan 2025. All tenants are market rate and not on subsidized payment structures and actual expenses are extremely low. Tenants are responsible for electric, gas, and trash reducing the owner's expenses. Pricing and cash flow include professional management fees (optional).
Location
Los Angeles, Los Angeles County, CA 90062
Open on Google Maps ↗Listed by: Demis Dokhanian · JNM Realty, INC.
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
$7,183
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $90,000 · Loan: $810,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,608
- Property tax (1.25%)
- $938
- Homeowners insurance
- $300
- Mortgage insurance
- $338
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 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $31,500 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 90062 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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