Under ContractSingleFamilyResidence

1546 Elevado Street

Los Angeles, CA, 90026

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$995,000

MLS: 26839867

Beds

3

Baths

2

Sq Ft

1,302

Lot

0.14 ac

Year Built

1921

MLS #

26839867

Days on Market

15

Listed

May 29, 2026

Description

Probate sale for the cash buyer/investor with the vision to restore a classic Spanish gem or reimagine a prime piece of Silver Lake real estate; the potential here is unmatched. This 1921 Spanish fixer presents a rare upside opportunity in the heart of Silver Lake. The property is being sold "as is" in its current condition due to the extensive repairs needed to all systems. Tucked away on the coveted Elevado St. loop, this 3+2 with 1,302 SF interiors is sited on an expansive 6,259 SF lot and retains much of its century-old soul. Features provide a glimpse into the home's storied character: original hardwood floors, classic windows, and vintage tile work in the kitchen and baths. Outside, the spacious rear yard offers incredible depth and privacy, waiting to be transformed into a lush hillside retreat or a modern outdoor oasis. This North of Sunset location is moments from vibrant Sunset Junction with its stylish eateries and shops. Whether you restore or rebuild, the investment potential is here.

Location

Los Angeles, Los Angeles County, CA 90026

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Listed by: Robert A Rodriguez · Compass

Payment estimate

$7,382

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $99,500 · Loan: $895,500

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,672
Property tax (1.25%)
$1,036
Homeowners insurance
$300
Mortgage insurance
$373
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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 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 $34,825 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 90026 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.