1471 Adkisson Avenue
Los Angeles, CA, 90063
$949,999
MLS: DW26227869
Beds
—
Baths
—
Sq Ft
1,738
Lot
0.11 ac
Year Built
1924
MLS #
DW26227869
Days on Market
5
Listed
Oct 21, 2026
Description
Excellent Investment Opportunity in City Terrace, Los Angeles! Discover this beautifully remodeled triplex in the desirable City Terrace area of Los Angeles, offering an outstanding opportunity for investors or owner-occupants looking to maximize rental income. This income-producing property features three separate, vacant units, providing flexibility for immediate leasing at market rents. The property consists of one spacious 3-bedroom, 1-bathroom unit and two additional 1-bedroom, 1-bathroom units. All three units have been remodeled, offering a fresh, updated living environment for future tenants. Conveniently located near California State University, Los Angeles (Cal State LA), the property benefits from close proximity to educational institutions, shopping, dining, major freeways, and other local amenities, making it an attractive option for renters. Parking is another standout feature, with a carport accommodating two vehicles, plus separate parking for the rear unit. The property offers the potential to accommodate up to five vehicles without blocking other tenants’ vehicles, adding valuable convenience for residents. With all three units vacant and move-in ready, this triplex presents a fantastic opportunity to establish rental income, explore owner-occupancy options, or expand an investment portfolio in Los Angeles. Don’t miss the opportunity to own a versatile multi-unit property in a convenient and established neighborhood!
Location
Los Angeles, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: Carlos Flores · Better Homes and Gardens RE
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
$7,473
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $854,999
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,827
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
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 $33,250 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 90063 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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