1550 N Laurel Avenue 301
Los Angeles, CA, 90046
$651,500
Original list price: $559,000
MLS: 26836561
Beds
2
Baths
2
Sq Ft
1,103
Lot
0.29 ac
Year Built
1962
MLS #
26836561
Days on Market
17
Listed
May 21, 2026
Description
Probate Sale! ALL CASH SALE! Estate of Richard Davisson. This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time is September 8th 2026 at 8:30 am in Dept. 418 at 111 N Hill Street, Los Angeles CA 90012. In order to bid in court, no later than 1:00 PM one business day prior to the court date, the BUYER MUST DELIVER TO THE LISTING BROKER, ALL OF THE FOLLOWING: 1) Proof of Funds AND 2) a Cashier's Check for the amount of 10% of the listing price made payable to the ESTATE OF RICHARD DAVISSON. This 2 bed; 2 bath Condominium built in 1962 features +/-1,103 Sq Ft of living space, APN: 5551-017-126. The owner passed away on the Property. This home needs to be remodeled and will be a great opportunity for a buyer looking to make it their own. This rare top-floor corner unit with amazing views in a beautifully preserved 1960s architectural building designed by renowned architect Donald G. Park. This intimate 15-unit community features an elevator, sun-drenched pool, and EQ insurance. Each bathroom is highlighted by its own skylight. Ideally located just moments from the Sunset Strip, West Hollywood, the Hollywood Hills, and some of LA's best shopping, dining, and entertainment.The HOA is +/- $675 per month. The unit comes with a tandem parking space. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Rhett Richar Winchell · NDA Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,678
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $65,150 · Loan: $586,350
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,780
- Property tax (1.25%)
- $679
- Homeowners insurance
- $300
- Mortgage insurance
- $244
- HOA dues
- $675
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $22,803 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 90046 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
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