Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1520 W 107th Street

Los Angeles, CA, 90047

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$950,000

MLS: 225002675

Beds

3

Baths

1

Sq Ft

1,156

Lot

0.16 ac

Year Built

1907

MLS #

225002675

Days on Market

208

Listed

Jun 13, 2025

Description

Incredible Opportunity: Two Homes on One Lot in Southwest Los AngelesDiscover an amazing chance to own two fully updated homes on one lot, offering exceptional versatility and outstanding rental income potential. Recently remodeled and truly move-in ready, this Southwest Los Angeles property features a beautifully refreshed 1,156 sq ft main house with 3 bedrooms and 1 bathroom, plus a spacious 1,200 sq ft ADU with 2 bedrooms and 1 bathroom.Situated on a generous 6,983 sq ft lot, the property is surrounded by mature fruit trees, vibrant flowering plants, and ample outdoor space.The main house has been thoughtfully remodeled. An upgraded kitchen and bathroom, new flooring, double-pane windows, recessed lighting, and updated plumbing. The kitchen stands out with quartz countertops, new stainless-steel appliances, custom backsplash, and new cabinetry offering abundant storage. A dedicated laundry room with a washer and dryer adds convenience.The private ADU has also been refreshed, featuring a large kitchen with dining area, quartz countertops, built-in cabinetry, new wood-like flooring, recessed lighting, and a spacious bathroom--ideal for extended family, guests, or rental income.Located near SOFI Stadium, the Kia Forum, the Intuit Dome, LAX, and major freeways, this home offers unbeatable access to public transportation and all that Los Angeles has to offer. With major global events on the horizon--including the 2026 NBA All-Star Game, 2026 FIFA World Cup, 2027 Super Bowl, and the 2028 Olympic Games--this is a prime investment opportunity in one of LA's most dynamic areas. One Block from George Washington H.S. and close to Southwest Community CollegeNote: some pics are virtually staged.

Location

Los Angeles, Los Angeles County, CA 90047

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Listed by: Milli Rivezzo · Keller Williams Westlake Village

Payment estimate

$6,899

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000

%
Principal & Interest
$5,253
Property tax (1.25%)
$990
Homeowners insurance
$300
Mortgage insurance
$356
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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 $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

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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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