$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
Open on Google Maps ↗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
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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