Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

1514 W 55th Street

Los Angeles, CA, 90062

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$457,400

MLS: IV25188221

Beds

3

Baths

1

Sq Ft

1,497

Lot

0.11 ac

Year Built

1911

MLS #

IV25188221

Days on Market

208

Listed

Aug 20, 2025

Description

Opportunity knocks in Los Angeles, CA. Affordable opportunity awaits you on this home. Appears to have three bedrooms and one bath with a detached garage. Sits on lot of approximately 4,960 square feet. Home was built records show approximately in 1911. If you blink this will be SOLD at this price. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.

Location

Los Angeles, Los Angeles County, CA 90062

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Listed by: NEVEN SPRALJA · REALHOME SERVICES & SOLUTIONS

Payment estimate

$3,477

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $45,740 · Loan: $411,660

%
Principal & Interest
$2,529
Property tax (1.25%)
$476
Homeowners insurance
$300
Mortgage insurance
$172
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $16,009 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.

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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