1538 Simmons Avenue
Los Angeles, CA, 90022
$750,000
MLS: MB25182944
Beds
4
Baths
2
Sq Ft
2,080
Lot
0.13 ac
Year Built
1940
MLS #
MB25182944
Days on Market
186
Listed
Aug 18, 2025
Description
Motivated Seller! Spacious Poolside Retreat on a Prime Corner Lot. 2-story single-family home needs TLC, tucked away on a tree-lined street just a few miles from the heart of downtown Los Angeles. Two bedrooms and a full bath downstairs, plus two bedrooms and a ¾ bath upstairs. Expansive space with a built-in bar overlooking the sparkling pool and private patio. 2-car garage with laundry area and bonus toilet, plus driveway and carport space for up to 4 vehicles. Quick access to major freeways and downtown LA for effortless commuting and city adventures.
Location
Los Angeles, Los Angeles County, CA 90022
Open on Google Maps ↗Listed by: ROSALIA BATANERO · VISION INVESTMENT SERVICES & A
Payment estimate
$5,510
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000
- Principal & Interest
- $4,147
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 $26,250 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.
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