1537 Blake Avenue
Los Angeles, CA, 90031
$639,000
MLS: 26844213
Beds
1
Baths
1
Sq Ft
612
Lot
0.04 ac
Year Built
1924
MLS #
26844213
Days on Market
5
Listed
Jun 7, 2026
Description
Unrivaled location and raw architectural potential in the absolute heart of Frogtown. Tucked away just steps from the vibrant LA River bike path, this detached 1924 bungalow offers the ultimate blank canvas for investors, contractors, or design enthusiasts looking to build their dream urban retreat. Possibly a "down-to-the-studs" rehab opportunity, allowing you to completely reimagine and customize a minimalist modern residence within an established footprint. Enjoy immediate proximity to local cultural hotspots like Salazar, La Colombe, Just What I Kneaded, and premier artisan design studios. Property to be sold 100% completely AS-IS, WHERE-IS. Bring your architect, your vision, and your cash to capture an uncompromised piece of Elysian Valley history.
Location
Los Angeles, Los Angeles County, CA 90031
Open on Google Maps ↗Listed by: Celeste Molina · Molina & Associates
Payment estimate
$4,848
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $63,900 · Loan: $575,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,643
- Property tax (1.25%)
- $666
- Homeowners insurance
- $300
- Mortgage insurance
- $240
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $22,365 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 90031 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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